Hong Kong restaurant operator CSC Collective Holdings triples shares offered ahead of $20 million US IPO
IPO Overview
CSC Collective Holdings, which operates two high-end Japanese-style restaurants in Hong Kong, raised the proposed deal size for its upcoming IPO on Wednesday.
The Hong Kong, China-based company now plans to raise $20 million by offering 4.5 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, CSC Collective Holdings will raise 200% more in proceeds than previously anticipated.
With the revised offering terms, CSC Collective Holdings will qualify for a US IPO under the Nasdaq’s new listing requirements, which include a minimum float of $15 million worth of shares.
CSC Collective Holdings’ portfolio consists of Teppanyaki Mihara Goten, a composite Japanese restaurant, and Sukiyaki Nakagawa, a restaurant that specializes in traditional Japanese sukiyaki. These restaurants are located in Causeway Bay and Wan Chai, respectively, popular dining districts in Hong Kong.
CSC Collective Holdings was founded in 2022 and booked $7 million in revenue for the 12 months ended October 31, 2025. It plans to list on the Nasdaq under the symbol CSC. Z2 Capital and Revere Securities are the joint bookrunners on the deal.
About the Company
We are a food service company operating high-end luxury brands of restaurants in Hong Kong. We design our restaurants to create a premium experience and exclusive entertaining experience within a destination location. Currently, we operate two restaurants under four distinctive brands, each delivering a unique Japanese-inspired fine dining experience and steadily building strong reputations across social media platforms for quality, service, and atmosphere. We believe that this design and operating philosophy distinguishes ourselves from traditional restaurants and other foodservice competitors. We currently operate two restaurants, namely, “Teppanyaki Mihara Goten” and “Nadagogo Yakitori Izakaya”。 “Teppanyaki Mihara Goten” is a composite Japanese restaurant in Causeway Bay, a popular shopping district and tourism spot in Hong Kong with three seating areas offering teppanyaki, sukiyaki and cocktail bar and lounge at customers’ choice. The teppanyaki section under the brand name of “Teppanyaki Mihara Goten” provides an intimate teppanyaki dining experience, where chefs prepare seasonal dishes with precision in front of guests, emphasizing craftsmanship and personalization. The sukiyaki section under the brand name of “Sukiyaki Nakagawa” specializes in traditional Japanese sukiyaki.