
Hong Kong English education institution Monkey Miles submits IPO application for US stock market, plans to raise USD 7 million

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Hong Kong children's English education institution Monkey Tree Investment submitted its initial public offering (IPO) application to the U.S. Securities and Exchange Commission (SEC) last Friday, planning to raise $7 million. The company intends to issue 1.6 million shares, with an offering price range of $4 to $5. Based on the midpoint, the market value will reach $79 million. Monkey Tree operates 20 learning centers in Hong Kong, primarily offering English and Mandarin courses for students aged 3 to 14, and authorizes other operators to run 38 centers
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