GLE News

Global Engine Group Holding, a Hong Kong-based ICT solutions provider, raised the proposed deal size for its upcoming IPO on Wednesday. In its latest filing, the company also replaced sole bookrunner Univest Securities with Prime Number Capital. The company now plans to raise $14 million by offering 3 million shares at a price range of $4 to $5. The company had previously filed to...read more

Global Engine Group Holding, a Hong Kong-based ICT solutions provider, lowered the proposed deal size for its upcoming IPO on Wednesday. In its latest filing, the company also disclosed financials for the six months ended December 31, 2022. The company now plans to raise $9 million by offering 2 million shares at a price range of $4 to $5. The company had previously filed to offer...read more

Global Engine Group Holding, a Hong Kong-based ICT solutions provider, announced terms for its IPO on Wednesday. The company plans to raise $16 million by offering 3.5 million shares at a price range of $4 to $5. At the midpoint of the proposed range, Global Engine Group Holding would command a market value of $88 million. Global Engine Group Holding is an integrated ICT...read more

Three small issuers began trading in another quiet week for the IPO market, though just two met our tracking criteria. In the pipeline, two IPOs submitted initial filings. The most notable news from the pipeline, AIG carve-out Corebridge Financial (CRBG) disclosed 1H22 financials this past Tuesday ahead of an estimated $3 billion IPO which could launch as early...read more