Riverstone Files for U.S. Public Offering
The Hong Kong-based sports apparel manufacturer and services provider filed with the SEC for an IPO of 2.5 million shares priced in the $5 to $7 range, translating to a market cap of $75 million at the mid-point. Incorporated in the British Virgin Islands in 2010, the holding company posted $46.3 million in revenue for FY ‘25 ended Mar. 31. It operates through nine wholly owned subsidiaries, providing vertically integrated B2B and B2C services to third-parties and its own brand, Double Crazy, including market trend analysis, product design, raw material sourcing, ... Log in to view full article.