Hong Kong digital marketing company PressLogic applies for a US IPO aiming to raise USD 12 million
Digital marketing service provider PressLogic submitted documents to the U.S. Securities and Exchange Commission on Wednesday, planning to raise up to $12 million through an initial public offering (IPO). The company is headquartered in Hong Kong, China, and operates in Taiwan, providing digital marketing solutions including editorial content creation, influencer marketing, and display advertising. PressLogic has operated 9 proprietary media brands, accumulating over 12 million followers. This IPO plans to list on NASDAQ under the ticker symbol "PLAI"
According to the Zhitong Finance APP, PressLogic (PLAI.US), a digital marketing service provider headquartered in Hong Kong, China, and covering Taiwan, submitted documents to the U.S. Securities and Exchange Commission (SEC) on Wednesday, planning to raise up to $12 million through an initial public offering (IPO).
The company provides digital marketing services in Hong Kong and Taiwan, with its content marketing solutions divided into two main segments: one is the digital marketing solutions business, which includes editorial content creation, influencer marketing, and display advertising; the other is the display banner advertising business, which encompasses both direct advertising and programmatic advertisements.
According to the prospectus, as of the date of the document submission, PressLogic has operated 9 proprietary media brands, accumulating over 12 million fans and subscribers. Its platforms include 9 websites, 5 applications (APPs), 11 Facebook fan pages, 11 Instagram accounts, and 8 YouTube channels.
Founded in 2016, this Hong Kong-based company aims to achieve revenue of $15 million in the 12 months ending June 30, 2025. The IPO is planned to be listed on the NASDAQ stock exchange, with the stock code set as "PLAI." It is reported that the company has confidentially filed on May 9, 2025, and currently, American Trust Investment Services is the exclusive book manager for this issuance, with specific pricing terms yet to be disclosed
