Intelligent Group, which provides financial public relations consulting in Hong Kong, raised $8 million by offering 1.9 million shares at $4, the low end of the range of $4 to $5. The company offered 0.1 million fewer shares than anticipated.
Intelligent Group advises clients on their communications and reputation management efforts. The firm provides services to clients during mergers and acquisitions, IPOs, and restructurings on a variety of complex business. These efforts include maintenance and development of public relations and investor relations, conferences and interviews, media monitoring, crisis management, and investor targeting.
Intelligent Group plans to list on the Nasdaq under the symbol INTJ. WestPark Capital acted as sole bookrunner on the deal.
