Global Fashion (INHI.US) increases IPO size by 67% to raise $28 million.

Unitrend Entertainment Group (INHI.US) raised the size of its upcoming initial public offering (IPO) on Tuesday. The domestic operating entity of Unitrend Fashion is Beijing Zhongxi Heli Cultural Media Co., Ltd, and it is now planning to issue 6.3 million shares at a price of $4 to $5 per share, raising a total of $28 million. The company originally applied to issue 1.3 million shares at the same price range, and later increased the size to 3.8 million shares. Based on the adjusted trading volume, the fundraising amount will increase by 67% compared to the initial expectation. The company's core business includes TV program distribution and advertising placement. In terms of TV program distribution, the company acquires distribution rights from film and television production companies and resells them to TV stations and media platforms. In the advertising placement business, the company matches quality advertising slots for brand owners and recruits advertising sponsors for TV stations and online media platforms. The company's domestic business can be traced back to 2010, and it achieved revenue of $37 million in the 12 months ending December 31, 2025. The company plans to list on the NASDAQ Stock Exchange with the stock code INHI, with Guotai Securities acting as the exclusive bookrunner for this offering.