Hong Kong English education institution Monkey Miles submits IPO application for US stock market, plans to raise USD 7 million
Hong Kong children's English education institution Monkey Tree Investment submitted its initial public offering (IPO) application to the U.S. Securities and Exchange Commission (SEC) last Friday, planning to raise $7 million. The company intends to issue 1.6 million shares, with an offering price range of $4 to $5. Based on the midpoint, the market value will reach $79 million. Monkey Tree operates 20 learning centers in Hong Kong, primarily offering English and Mandarin courses for students aged 3 to 14, and authorizes other operators to run 38 centers
According to Zhitong Finance APP, Monkey Tree Investment (MKTR.US), headquartered in Hong Kong and primarily engaged in children's English learning centers, submitted its initial public offering (IPO) application to the U.S. Securities and Exchange Commission (SEC) last Friday, planning to raise up to $7 million. The company intends to raise $7 million by issuing 1.6 million shares, with a price range set between $4 and $5. Based on the midpoint of the price range, the market value will reach $79 million.
Monkey Tree primarily offers language courses for children, focusing on English with supplementary Mandarin courses. Currently, the company operates 20 learning centers in Hong Kong, targeting students aged 3 to 14, with courses covering phonics, reading, grammar, writing, speaking, and exam preparation. Additionally, the company licenses the "Monkey Tree" brand to other operators, who run an additional 38 centers in Hong Kong.
This Hong Kong enterprise was established in 2009 and plans to list on NASDAQ under the stock code "MKTR." Previously, Monkey Tree Investment secretly submitted its IPO application on July 7, 2025. The exclusive book manager for this issuance is Revere Securities
