Hong Kong boutique investment bank Sibomai plans to set the IPO issue price at $4 per share, aiming to raise $6 million
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Hong Kong boutique investment bank Sibo Holding announced on Thursday that its IPO offering price for U.S. stocks is set at $4 per share, planning to issue 1.5 million shares to raise approximately $6 million, with a total market value of about $54.2 million. Sibo was established in 2009 and has raised over $900 million for clients in the past three years, primarily operating through its subsidiary StormHarbour HK, providing capital market and asset management services. The company plans to list on NASDAQ under the ticker symbol "SIBO"
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