Published: February 28, 2023 at 5:24 pm ET
By Stephen Nakrose
Lucas GC Ltd., a company that provides recruitment, outsourcing and other services, filed for an initial public offering with the US Securities and Exchange Commission on Tuesday.
Lucas GC said it was “not a Chinese operating company, but a holding company in the Cayman Islands, the operation of which is carried out by our subsidiaries based in …
By Stephen Nakrose
Lucas GC Ltd., a company that provides recruitment, outsourcing and other services, filed for an initial public offering with the US Securities and Exchange Commission on Tuesday.
Lucas GC said it is “not a Chinese operating company, but a holding company in the Cayman Islands, with operations conducted by our China-based subsidiaries.” Through the proprietary platforms Star Career and Columbus, active registered users receive tailored job recommendations and work as talent scouts to find suitable candidates for corporate clients, Lucas GC said.
Lucas GC said that revenue for the six months ended June 30, 2022 increased 19.7% compared to the same period last year.
The company did not provide an expected size for its IPO, nor an expected price range. Lucas GC said it will apply to list on the Nasdaq Global Market under the symbol LGCL.
The Benchmark Company and Valuable Capital Ltd. are listed as underwriters of the offering.
Write to Stephen Nakrosis at [email protected]
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