Hong Kong-based marketing firm AM PM Group ups shares offered by 150% ahead of $17 million US IPO
IPO Overview
AM PM Group, a Hong Kong-based marketing firm providing event, content, and IP services, raised the proposed deal size for its upcoming IPO on Tuesday.
The Hong Kong, China-based company now plans to raise $17 million by offering 3.8 million shares at a price range of $4 to $5. The company had previously filed to offer 1.5 million shares at the same range. At the midpoint of the revised deal size, AM PM Group will raise 150% more in proceeds than previously anticipated and command a market cap of $129 million.
AM PM Group is a service agency with a diverse business portfolio along the marketing and content production value chain. Its business operation spans across three key business, namely event management and decoration （23% of 2024 revenue）， content production and design （48% of revenue）， and IP exhibition （48% of revenue）。
AM PM Group was founded in 2009 and booked $10 million in sales for the 12 months ended June 30, 2025. It plans to list on the NYSE American, but has not yet selected a symbol （RC ticker: AMPM.RC）。 Prime Number Capital is the sole bookrunner on the deal.
About the Company
AM PM Group is a one-stop service agency based in Hong Kong with a diverse business portfolio along the marketing and content production value chain. Its business operation spans across three key business, namely event management and decoration, content production and design, and IP exhibition. Our Operating Subsidiary provides integrated event management and decoration services by offering solutions to customers for their specific marketing and other corporate needs, including decorations for shopping malls for festival celebrations, seasonal decorations and specified themes to increase customer traffics and thereby boosting sales, and marketing and other events such as product launches, music performances and corporate and institution events. Under the leadership of Mr. Ka Ming Kwong, the founder, who has extensive experience in content production including hosting television programs at leading television broadcasting companies in Hong Kong, our AM PM Group has tapped into the market of content production and design principally engaging in television program production.