ChowChow Cloud Announces Pricing of Initial Public Offering
ChowChow Cloud (NYSE:CHOW), a Hong Kong-based technology company offering one-stop cloud solutions, has announced the pricing of its Initial Public Offering. The company is offering 2,600,000 ordinary shares at US$4.00 per share, aiming to raise US$10.4 million in gross proceeds.
Trading is set to commence on NYSE American on September 16, 2025, under the symbol "CHOW". The company has granted underwriters a 45-day option to purchase up to 390,000 additional shares to cover over-allotments. US Tiger Securities is serving as the sole book-running manager, with the offering expected to close on September 17, 2025.
ChowChow Cloud (NYSE:CHOW), una tech company con sede a Hong Kong che offre soluzioni cloud integrate, ha annunciato il prezzo della sua Offerta Pubblica Iniziale. L'azienda propone 2.600.000 azioni ordinarie a 4,00 USD ciascuna, con l'obiettivo di raccogliere 10,4 milioni di USD di proventi lordi.
Le negoziazioni inizieranno su NYSE American il 16 settembre 2025, con il simbolo "CHOW". L'azienda ha concesso agli underwriter un'opzione di 45 giorni per acquistare fino a 390.000 azioni aggiuntive per coprire le sovra-allocazioni. US Tiger Securities funge da unico book-running manager, con la chiusura dell'offerta prevista per il 17 settembre 2025.
ChowChow Cloud (NYSE:CHOW), una empresa de tecnología con sede en Hong Kong que ofrece soluciones en la nube todo en uno, ha anunciado el precio de su Oferta Pública Inicial. La compañía ofrece 2,600,000 acciones ordinarias a 4,00 USD por acción, con el objetivo de obtener 10,4 millones de USD en ingresos brutos.
Las operaciones empezarão en NYSE American el 16 de septiembre de 2025, bajo el símbolo "CHOW". La empresa ha concedido a los suscriptores una opción de 45 días para comprar hasta 390,000 acciones adicionales para cubrir sobreasignaciones. US Tiger Securities actúa como único book-running manager, y se espera que la oferta cierre el 17 de septiembre de 2025.
ChowChow Cloud (NYSE:CHOW)는 홍콩에 기반을 둔 기술 회사로 원스톱 클라우드 솔루션을 제공하며, IPO 가격을 발표했습니다. 회사는 주당 4.00달러의 2,600,000주 보통주를 제시하며, 총 1,040만 달러의 총수익을 목표로 합니다.
거래는 2025년 9월 16일 NYSE American에서 “CHOW” 기호로 시작될 예정입니다. 회사는 과다배정(over-allotment)을 커버하기 위해 45일간의 청약자 주문권을 390,000주 추가 주식까지 부여했습니다. 단일 북런닝 매니저로 US Tiger Securities가 담당하며, 공모는 2025년 9월 17일에 마감될 예정입니다.
ChowChow Cloud (NYSE:CHOW), une société technologique basée à Hong Kong proposant des solutions cloud tout-en-un, a annoncé le prix de son offre publique initiale. La société propose 2 600 000 actions ordinaires à 4,00 USD chacune, visant à lever 10,4 millions de dollars de produits bruts.
La négociation doit débuter sur le NYSE American le 16 septembre 2025, sous le symbole « CHOW ». La société a accordé aux souscripteurs une option de 45 jours pour acheter jusqu'à 390 000 actions supplémentaires afin de couvrir les surallocations. US Tiger Securities agit en tant que seul gestionnaire de books, et l'offre devrait se clôturer le 17 septembre 2025.
ChowChow Cloud (NYSE:CHOW), ein in Hongkong ansässiges Technologieunternehmen, das All-in-One-Cloud-Lösungen anbietet, hat den Preis seiner Erstnotierung bekannt gegeben. Das Unternehmen bietet 2.600.000 Stammaktien zu je 4,00 USD an und beabsichtigt, US$ 10,4 Millionen Bruttoertrag zu erzielen.
Der Handel soll an der NYSE American am 16. September 2025 beginnen, unter dem Symbol „CHOW“. Das Unternehmen hat den Underwritern eine 45-tägige Option eingeräumt, um bis zu 390.000 zusätzliche Aktien zu erwerben, um Über-Allotments abzudecken. US Tiger Securities fungiert als alleiniger Book-Running-Manager, mit voraussichtlichem Abschluss der Emission am 17. September 2025.
ChowChow Cloud (NYSE:CHOW)، شركة تكنولوجيا مقرها في هونغ كونغ وتقدم حلول سحابية متكاملة، أعلنت عن سعر عرضها العام الأولي. الشركة تعرض 2,600,000 سهماً عادياً بسعر 4.00 دولار للسهم، بهدف جمع 10.4 مليون دولار أمريكي من العائدات الإجمالية.
من المتوقع أن يبدأ التداول في بورصة نيويورك الأمريكية NYSE American في 16 سبتمبر 2025 تحت الرمز "CHOW". منحت الشركة للمشترين خياراً لمدة 45 يوماً لشراء حتى 390,000 سهم إضافي لتغطية التخصيص الزائد. وتقوم US Tiger Securities بدور المدير الوحيد لكتابة الطلبات، مع توقع إتمام الإصدار في 17 سبتمبر 2025.
ChowChow Cloud (NYSE:CHOW),一家总部位于香港的科技公司,提供一站式云解决方案,已宣布其首次公开募股的定价。公司提供2,600,000股普通股,价格为每股4.00美元,目标募集1,040万美元毛收益。
交易将于2025年9月16日在NYSE American开始,代码为“CHOW”。公司已授予承销商45天的超额配售权,最多购买390,000股额外股票以覆盖超额配售。US Tiger Securities担任唯一账簿管理人,预计将于2025年9月17日完成发行。
- IPO provides access to U.S. capital markets and enhanced visibility
- Full US$10.4 million capital raise to support company growth
- Listing on NYSE American provides trading liquidity for investors
- Relatively small IPO size of US$10.4 million may limit institutional interest
- Single book-running manager might affect distribution reach
- Potential dilution from 390,000 additional shares if over-allotment option is exercised
Insights
ChowChow Cloud's modest $10.4M IPO reflects growing interest in Asian cloud providers despite its small offering size.
ChowChow Cloud has priced its IPO at $4.00 per share, raising
This represents a relatively small public offering in the cloud technology sector, where IPOs typically raise significantly larger amounts. For context, many tech IPOs in recent years have raised hundreds of millions or even billions. The modest size suggests ChowChow is still in earlier growth stages compared to major cloud providers.
The company has granted a 45-day option to the underwriter to purchase up to 390,000 additional shares (representing
With US Tiger Securities serving as the sole book-running manager, this appears to be a targeted offering rather than one managed by several major investment banks, which is typically seen with larger IPOs. This structure aligns with the offering's modest size and suggests a focused approach to entering public markets.
While the press release doesn't detail ChowChow's revenue or growth metrics, the "one-stop cloud solutions" description positions it in the competitive cloud services market, which continues to expand globally with particular growth in Asian markets. Investors will likely evaluate its growth potential against established regional and international cloud providers.
HONG KONG, Sept. 16, 2025 (GLOBE NEWSWIRE) -- ChowChow Cloud International Holdings Limited (“ChowChow Cloud” or the “Company”), a technology company providing one-stop cloud solutions in Hong Kong, announced today the pricing of its initial public offering (the “Offering”) of 2,600,000 ordinary shares at a price of US
The Company has granted a 45-day option to the underwriter to purchase up to 390,000 additional ordinary shares, representing
US Tiger Securities, Inc. is acting as the sole book-running manager of the Offering. Sidley Austin LLP is acting as U.S. counsel to the Company, and VCL Law LLP is acting as U.S. counsel to US Tiger Securities, Inc. in connection with the Offering.
A registration statement on Form F-1 (File No. 333- 286296) relating to the Offering, as amended, has been filed with the Securities and Exchange Commission (the “SEC”) and was declared effective by the SEC on September 15, 2025. The Offering is being made only by means of a prospectus, forming part of the registration statement. Copies of the final prospectus related to the Offering may be obtained, when available, from US Tiger Securities, Inc., 437 Madison Ave., 27th Floor, New York, NY 10022, by email at ECM@ustigersecurities.com, or by telephone at +1 (646) 978-5188 In addition, a copy of the final prospectus, when available, relating to the Offering may be obtained via the SEC's website at www.sec.gov.
Before you invest, you should read the prospectus and other documents the Company has filed or will file with the SEC for more information about the Company and the Offering. This press release shall not constitute an offer to sell or the solicitation of an offer to buy these securities, nor shall there be any sale of these securities in any state or jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction.
About ChowChow Cloud International Holdings Limited
ChowChow Cloud is a pioneer in providing one-stop cloud solutions that support companies across the IT industry value chain throughout their entire cloud transformation journey from consulting, deployment and migration to cloud environment building and management. ChowChow Cloud was founded in December 2014 by a group of passionate and experienced professionals, who envisioned the potential of cloud technology to transform the way businesses of various sizes operate. Recognizing the growing need for digitization and the benefits that cloud technology could bring to businesses, ChowChow Cloud’s founders set out to create a company that would bridge the gap between cloud services providers and companies who seek to move to the cloud.
Forward-Looking Statements
Statements in this press release about future expectations, plans and prospects, as well as any other statements regarding matters that are not historical facts, may constitute "forward-looking statements" within the meaning of The Private Securities Litigation Reform Act of 1995. These statements include, but are not limited to, statements relating to the expected trading commencement and closing dates. The words "anticipate," "believe," "continue," "could," "estimate," "expect," "intend," "may," "plan," "potential," "predict," "project," "should," "target," "will," "would" and similar expressions are intended to identify forward-looking statements, although not all forward-looking statements contain these identifying words. Actual results may differ materially from those indicated by such forward-looking statements as a result of various important factors, including: the uncertainties related to market conditions and the completion of the public offering on the anticipated terms or at all, and other factors discussed in the "Risk Factors" section of the preliminary prospectus filed with the SEC. Any forward-looking statements contained in this press release speak only as of the date hereof, and ChowChow Cloud specifically disclaims any obligation to update any forward-looking statement, whether as a result of new information, future events or otherwise, except as required by law.
Contacts:
For Investor Relations:
Investor Relations Team
ChowChow Cloud International Holdings Limited
Email: ir@chochowcloud.com
