K-Tech Solutions raises $6.4mln in IPO on NASDAQ.

• K-Tech Solutions raises $6.4 million in IPO • Listed on NASDAQ Capital Market under symbol "KMRK" • Price per share: $4.00 • Class A Shares: 1,600,000 • Headquartered in Hong Kong • Specializes in infant and pre-school educational toys • Provides product development solutions from design to after-sales services.

Hong Kong-based K-Tech Solutions Company Limited (KMRK) successfully completed its initial public offering (IPO) on the Nasdaq Capital Market, raising $6.4 million. The company offered 1,600,000 Class A Shares at $4.00 per share, with a potential over-allotment option for an additional 240,000 shares [1].

K-Tech Solutions specializes in the design, development, and sale of infant and pre-school educational toys and learning kits. The company provides comprehensive product development solutions from design to after-sales services, serving customers primarily in North America and Europe [3].

The proceeds from the IPO will be used for product development, expansion of production capacity, and general corporate purposes. The company plans to invest in a factory in Vietnam or other Southeast Asian countries, expand its product designer and engineer team, and obtain licensed rights to international IP [3].

American Trust Investment Services, Inc. (ATIS) served as the sole underwriter for the transaction, demonstrating its capability to execute small-cap IPOs [2]. The modest size of this transaction, at $6.4 million, is noteworthy, positioning ATIS in the micro-cap underwriting space [2].

The Nasdaq Capital Market listing aligns with K-Tech Solutions' size and development stage, as it has less stringent listing requirements compared to the Nasdaq Global Market. The company's shares are expected to begin trading under the ticker symbol "KMRK" on July 16, 2025 [1, 3].

References:
[1] https://finance.yahoo.com/news/american-trust-investment-services-serves-152300162.html
[2] https://www.stocktitan.net/news/KMRK/american-trust-investment-services-serves-as-sole-underwriter-for-k-766qyc3y5k4t.html
[3] https://finance.yahoo.com/news/k-tech-solutions-company-limited-212000236.html