Hong Kong's TDE Group Upsizes IPO to $17 Million, Sets Price Range at $5-$6 Per Share

Stock News02-28 15:00

Hong Kong-based educational services and products provider TDE Group has increased the size of its upcoming initial public offering. The company now plans to offer 3 million shares at a price between $5 and $6 per share, aiming to raise $17 million. This marks a significant increase from its previous filing to offer 1.3 million shares within the same price range. The revised fundraising target is 126% higher than the initial expectation. TDE Group intends to list on the Nasdaq stock exchange under the ticker symbol "TTEI".

Operating through its subsidiary TrumpTech Digital Education Services, the company delivers a variety of educational services in Hong Kong covering subjects including science, technology, engineering, the arts, and mathematics. Its revenue streams include organizing carnivals and competitions, providing training courses, hardware sales, classroom environment setup services, software licensing, and non-STEAM educational consulting services. According to available data, the company generated revenue of $5 million for the twelve-month period ended August 31, 2025.

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