In the past year, Creative Global Technology Holdings Limited made $42.9 million in revenue and $2.8 million in profit, with a market cap of $95.6 million.
Benjamin Securities is the underwriter for their IPO.
Creative Global Technology’s mission is to extend the life of recycled consumer electronics and support a circular economy. The company, established on January 11, 2023, is based in the Cayman Islands. Its subsidiary, CGTHK, operates in Hong Kong and primarily sells pre-owned electronics to wholesalers in Southeast Asia. Despite expanding into retail and leasing, over 90% of CGTHK’s revenue came from wholesale in 2022.
Creative Global Technology Holdings Limited announced changes to its IPO plan, including reducing the share offering from 4 million to 1.25 million shares, priced between $4.00 and $5.00, aiming to raise $5.63 million.
The company was founded in 2016, has 16 employees, and is located in Hong Kong. For more information, visit CGT Electronics or call +852 2690 9121.
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