Pictureworks International Holdings, a Malaysia-based provider of photography services focused on theme parks, filed on Thursday with the SEC to raise up to $8 million in an initial public offering.
The company provides imaging services throughout Malaysia, Singapore, Hong Kong, Macau, and mainland China, with a focus on theme parks, tourist attractions, and pop culture events. The company captures, processes, and stores images, and distributes them to visitors as souvenirs. The company says it has captured over 30 million images, and has over 3 million registered users on its website and mobile app.
The Petaling Jaya, Malaysia-based company was founded in 2003 and plans to list on the Nasdaq under the symbol PICW. Pictureworks International Holdings filed confidentially on September 26, 2023. Cathay Securities is the sole bookrunner on the deal. No pricing terms were disclosed.
