The Zhitong Finance App learned that Ray Maple, a comprehensive IT system and digital marketing service provider in Hong Kong, China, submitted an initial public offering (IPO) application to the US Securities and Exchange Commission (SEC) on Tuesday. The company plans to issue 6.3 million shares at a price of 4 US dollars each to raise 25 million US dollars. The company plans to list on Nasdaq, but has yet to disclose the stock code.
It is reported that Ray Maple provides cloud-based enterprise software solutions and digital marketing services. The company operates two business divisions. The IT Solution Services Division provides modular, cloud-based systems covering areas such as enterprise resource planning, customer and employee management, project execution, and business intelligence. These systems are a combination of software developed independently by the company and third-party software, including dashboard management, accounting and inventory management, contract and report management, and task management tools. The marketing services division covers social media management, key opinion leader (KOL) and influencer marketing, traditional advertising, event and roadshow management, search engine optimization (SEO), and e-commerce solutions.
Its customers include Hong Kong's small and medium-sized enterprises, and public sector institutions, and the company plans to further expand the Malaysian and Indonesian markets. According to the data, the company achieved revenue of 2 million US dollars in the 12 months ending March 31, 2026.