Hong Kong pearl jewelry retailer Three Jia Jewelry (CKJ.US) has increased its IPO size by 33%, planning to raise $9 million.
San Jia Jewelry adjusted its initial public offering (IPO) plan on Monday, increasing the issuance size to 2 million shares, while maintaining the price range at $4 to $5.
Hong Kong pearl jewelry dealer C&K GROUP LIMITED's subsidiary CKJ.US adjusted its initial public offering (IPO) plan on Monday, expanding the issuance size to 2 million shares, with a pricing range maintained at $4 to $5, resulting in a maximum fundraising amount of $9 million. This represents a 33% increase from its previously reported plan to issue 1.5 million shares.
CKJ.US operates through its subsidiary, focusing on the pearl industry chain, including loose pearl procurement, finished jewelry design and sales, currently offering over 1000 pearl and jewelry products.
Founded in 2016, the company reported sales of $7 million for the twelve months ended March 31, 2025. The IPO is set to debut on the NASDAQ exchange under the symbol CKJ, with Revere Securities serving as the sole bookrunner.
It is worth mentioning that the listed entity C&K GROUP LIMITED was established on January 28, 2025, and wholly owns the Hong Kong operating entity C&K Jewellery Limited.
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