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Hong Kong digital marketing company MediaOn Group (MEON.US) has an IPO price of 4-6 US dollars/share and plans to raise 20 million US dollars

智通財經·12/04/2025 08:09:02
語音播報

Zhitong Finance App learned that MediaON Group (MEON.US), a digital marketing and advertising solutions provider headquartered in Hong Kong, submitted documents to the US Securities and Exchange Commission on Wednesday to raise up to 20 million US dollars through an initial public offering. The company plans to issue 3.9 million shares at a price of 4 to 6 US dollars per share (49% of which are secondary issues), and plans to raise 20 million US dollars. Based on the median issue price range, MediaON Group's market capitalization will reach 110 million US dollars.

MediaON's business mainly includes three segments: marketing activities, media rebates, and media placement. The company has completed more than 3,000 marketing activities covering the financial, retail and technology industries. Through its proprietary platforms WesShare.hk and Sodainsight (providing influencer marketing, social media sentiment monitoring, and interactive digital solutions), the company can receive media rebates equivalent to 5% to 30% of eligible advertising expenses. In addition, MediaOn also provides large-scale event production services for brands, PR agencies, and third-party marketing companies through joint ventures.

The company was founded in 2011 and achieved revenue of $2 million in the 12 months ending March 31, 2025. MediaON was secretly filed on May 12, 2025 and plans to be listed on the NASDAQ exchange under the stock code “MEON”. Joseph Stone Capital was the sole bookkeeper for the transaction.