Hong Kong insurance brokerage company Kepler Group (KPL.US) IPO prices at $4-6 per share, aiming to raise $7 million.

According to the latest news obtained by the Securities Times Financial APP, Kepler Group, an insurance brokerage company headquartered in Hong Kong, submitted an initial public offering (IPO) application to the U.S. Securities and Exchange Commission (SEC) on Wednesday. The company plans to issue 1.4 million shares at a price range of $4 to $6 per share, with a maximum fundraising scale of $7 million. Based on the proposed mid-range price of $5, the company's fully diluted market value will reach $107 million. The only bookrunner for this IPO is Guotai Securities, and the stock is planned to be listed on NASDAQ under the symbol KPL. According to the prospectus, Kepler Group's main business focuses on life insurance brokerage services, which account for 95% of the company's total revenue. The company also markets and sells general insurance products such as health, travel, and auto insurance, and provides post-sales services such as policy review and claims assistance. In addition, the company's business extends to immigration services and software upgrade and maintenance fields. Financial data shows that for the 12 months ending on March 31, 2025, Kepler Group achieved operating revenue of $20 million. The company was founded in 2016, and the funds raised from this IPO will be used to support business expansion and supplement operating capital. In the fiscal year 2025 (ending March 31), the company had a revenue of $20.305 million and a net profit of $851,000.