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Raytech Holding Priced, Nasdaq: RAY

Hong Kong supplier of personal care electrical appliances.

Industry: Consumer Discretionary

Latest Trade: $1.74 0.00 (0.0%)

First Day Return: +5.8%

Return from IPO: -56.5%

Industry: Consumer Discretionary

Leveraging our expertise in personal care electrical appliance industry, we aim to promote consumer lifestyles and drive the awareness of personal grooming. Through Pure Beauty, we principally engage in the sourcing and wholesaling of personal care electrical appliances for international brand owners. We also provide product design and development collaboration as a value-added service for our customers. Our customers are brand owners of personal care electrical appliances who market and sell their personal care electrical appliances products to end consumers. Commencing our operation in 2013, we have accumulated over 10 years of experience in the industry. Over years of operation, we have sourced and wholesaled a wide range of personal care electrical appliances, which can be broadly classified into seven major categories: (i) hair styling series, including hair dryer, hair straightener and curling iron; (ii) trimmer series, including facial shaver, nose trimmer and eyebrow trimmer; (iii) eyelash curler; (iv) neck care series; (v) nail care series; (vi) tooling and (vii) other personal care appliance series, including body and facial brush, reset brush, callus remover, sonic peeling, handy fan and others. In particular, we are specialized in sourcing and wholesaling hair dryers within our hair styling series which primarily include salon-type hair protection and styling functions or compact design for travel.
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IPO Data
IPO File Date 10/27/2023
Offer Price $4.00
Price Range $4.00 - $5.00
Offer Shares (mm) 1.5
Deal Size ($mm) $6
Lock-Up Date IPO Pro Only
Street Research IPO Pro Only
IPO Data
IPO Date 05/14/2024
Offer Price $4.00
Price Range $4.00 - $5.00
Offer Shares (mm) 1.5
Deal Size ($mm) $6
Lock-Up Date IPO Pro Only
Street Research IPO Pro Only
Underwriters
Revere Securities
R.F. Lafferty & Co.
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Company Data
Headquarters Hong Kong, China
Founded 2013
Employees at IPO 6
Website www.raytech.com.hk

Raytech Holding (RAY) Performance