To The Moon

Headquartered in Hong Kong, China, IPO and ESG consulting service provider Starrygazey (MARH.US) submitted its prospectus to the U.S. Securities and Exchange Commission (SEC) last Friday, aiming to raise up to $17 million through an initial public offering. The company plans to issue 3.8 million shares at a price between $4 and $5 per share to secure the $17 million in funding. Based on the midpoint of the proposed price range, Starrygazey would achieve a market valuation of approximately $106 million. It is understood that Starrygazey delivers pre-listing advisory, IPO consulting, post-IPO support, and ESG advisory services primarily for small and medium-sized enterprise clients through its wholly-owned subsidiaries ARMCL and ICEDL. Over the two-year period ending June 30, 2025, its principal subsidiary, ARMCL, provided pre-listing, IPO, and post-listing advisory services to 3, 2, and 4 clients, respectively. Founded in 2018, the company intends to list on the Nasdaq exchange under the ticker symbol "MARH" and had previously submitted a confidential draft registration statement to the SEC on September 19, 2025. Pacific Century Securities is acting as the sole book-running manager for this IPO.