Hong Kong golf service provider Golf Taste (GLG.US) applied for an IPO in the US to raise up to US$30 million

Zhitong Finance App learned that according to documents disclosed by the US Securities and Exchange Commission (SEC), Asian golf service provider Golf Lifestyle Group (“GLGHK”) submitted an initial public offering (IPO) application this Tuesday, with plans to raise up to 30 million US dollars.

According to the prospectus, the company plans to issue 5 million common shares, with an issue price range of 5 to 7 US dollars per share. Based on the midpoint of the issue price range, GLGHK's market value will reach approximately US$83 million after listing.

GLGHK has built a comprehensive business ecosystem covering golf services, lifestyle membership programs, customized activities, travel products, and digital platforms. The company's revenue mainly comes from the group service sector, which provides professional golf training, business networking and team building services for corporate customers and private groups; in addition, tournament management and promotion, and golf card services also form an important source of revenue.

The company is headquartered in Hong Kong and was founded in 2012. In the 12 months ended June 30, 2026, the company achieved revenue of approximately US$2 million. GLGHK plans to be listed on the NASDAQ exchange, and the stock code is proposed to be “GLG.” The company submitted the application confidentially on March 23, 2026. The sole bookkeeper for this offering is Pacific Century Securities (Pacific Century Securities).