E I L Holdings, a Hong Kong-based supplier of sensors and electronic components, filed on Monday with the SEC to raise up to $10 million in an initial public offering.
Since its incorporation, E I L Holdings is focused on identifying, sourcing, selling, and distributing electronic components from suppliers located in Asia, Japan, South Korea, Europe, and the US. It entered the sensors market in 2000, and has since expanded its product variety and included value-added services like new application ideas and engineering consultation.
The Hong Kong-based company was founded in 1992 and booked $80 million in revenue for the 12 months ended June 30, 2023. It plans to list on the Nasdaq under the symbol EIL. EF Hutton is the sole bookrunner on the deal. No pricing terms were disclosed.
