In the past year, Creative Global Technology Holdings Limited earned $42.9 million in revenue and $2.8 million in net income. The company’s market cap is $95.6 million.
Benjamin Securities handled the IPO underwriting.
Creative Global Technology Holdings Limited describes itself as follows for its IPO: “Our mission is to extend the life of consumer electronic devices and reduce waste by efficiently connecting supply and demand in the circular economy.” This company is incorporated in the Cayman Islands and has a unique corporate structure involving a Hong Kong subsidiary, CGTHK, which focuses on trading pre-owned electronics. While CGT Holdings itself does not operate, CGTHK, founded in 2016, generates over 90% of revenue through wholesale activities.
As of March 31, 2024, revenue and net income figures were reported. The IPO aims to offer 1.25 million shares priced between $4.00 and $5.00, raising about $5.63 million. The company has reapplied for a NASDAQ listing.
Founded in 2016, the company employs 16 people and is located in Hong Kong. For more information, visit CGT Electronics or call +852 2690 9121.
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