GLXG News

Galaxy Payroll Group, a Hong Kong-based provider of outsourced payroll and other business services, lowered the proposed deal size for its upcoming IPO on Tuesday. In its latest filing, the company also disclosed financials for the fiscal year ended June 30, 2023. The company now plans to raise $8 million by offering 2 million shares at $4. The company had previously filed to offer...read more

Galaxy Payroll Group, a Hong Kong-based provider of outsourced payroll and other business services, announced terms for its IPO on Tuesday. The company plans to raise $13 million by offering 2.5 million shares at $5. At the proposed price, Galaxy Payroll Group would command a market value of $93 million. Concurrently, selling shareholders are registering 0.6 million shares...read more

Coya Therapeutics (COYA) was the only company to complete an IPO in the last week of 2022. China-based ASIC chip designer Intchains (ICG) and Hong Kong-based wealth and asset manager Prestige Wealth (PWM) delayed their $29 million and $15 million offerings, respectively. In the pipeline, five companies submitted initial...read more

Galaxy Payroll Group, a Hong Kong-based provider of outsourced payroll and other business services, filed on Wednesday with the SEC to raise up to $25 million in an initial public offering. Operating through its wholly-owned subsidiaries, Galaxy Payroll Group is a payroll outsourcing, employment, and consultancy and market research service provider. The company serves...read more