Hong Kong IT Services Company Altech Digital (ALD.US) Files for US IPO, Seeks to Raise $6 Million

Stock News

Aug 22

Hong Kong-based IT system development, maintenance and consulting services provider Altech Digital filed an initial public offering (IPO) application with the U.S. Securities and Exchange Commission (SEC) on Thursday. The company plans to issue 1.5 million shares at $4 per share, aiming to raise $6 million. The company plans to list on NASDAQ under the ticker symbol "ALD".

Altech Digital was established in 2022 and provides two categories of information technology services through its operating subsidiary Altech Hong Kong: system development services (including development of internet-based systems and mobile applications), as well as post-development maintenance and consulting services.

Data shows that the company generated revenue of $3 million for the 12 months ended March 31, 2025.

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