Cornerstone Management, a China-based private equity fund manager, filed on Tuesday with the SEC to raise up to $70 million in an initial public offering.
The Guangzhou, China-based company was founded in 2015 and booked $10 million in revenue for the 12 months ended September 30, 2017. It plans to list on the Nasdaq under the symbol CSCA. Cornerstone Management filed confidentially on March 26, 2018. ViewTrade is the sole bookrunner on the deal. No pricing terms were disclosed.
