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Hong Kong-based ICT solutions provider Global Engine Group Holding files for a $17 million US IPO

August 16, 2022
GLE

Global Engine Group Holding, a Hong Kong-based ICT solutions provider, filed on Tuesday with the SEC to raise up to $17 million in an initial public offering.

Global Engine Group Holding is an integrated ICT solutions provider that delivers custom tailored solutions in the broader areas of cloud, security, networking, data management and visualization, edge computing, and other innovative and emerging technologies. The company claims to leverage its ties with telecom carriers, vendors, and regulators to offer multi-vendor ICT solutions that are optimized for each customer’s specific requirements. In addition to ICT solutions, Global Engine Group also offers technical and project management services. 

The Hong Kong, China-based company was founded in 2018 and booked $7 million in revenue for the 12 months ended December 31, 2021. It plans to list on the Nasdaq under the symbol GLE. Univest Securities is the sole bookrunner on the deal. No pricing terms were disclosed.