Hong Kong education company Zunke(TTEI.US) IPO priced at $5-6 per share, fundraising scale increased by 126% to $17 million

LootboxPhobia · 2026-02-28T09:13:59+00:00

Zunke(TDE Group) plans to issue 3 million shares through an initial public offering(IPO), with a price range of $5 to $6 per share, aiming to raise $17 million, a 126% increase. The company will be listed on Nasdaq and offers a variety of educational services and products.

LootboxPhobia

2026-02-28 09:13:59

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Reuters Finance App has learned that TDE Group, a Hong Kong-based provider of education-related services and products, expanded its proposed IPO transaction scale on Friday. The company now plans to issue 3 million shares at a price of $5 to $6 per share, raising $17 million. Previously, the company applied to issue 1.3 million shares within the same price range. The funds the company now plans to raise are 126% more than previously expected. The company plans to list on Nasdaq under the stock ticker “TTEI.”

TDE Group, through its operating subsidiary TrumpTech Digital Education Services, offers a variety of educational services in Hong Kong covering subjects such as science, technology, engineering, arts, and mathematics. Its revenue sources include hosting carnivals and competitions, providing training courses, hardware sales, classroom environment setup services, software licensing, and non-STEAM education consulting services. Data shows that the company achieved revenue of $5 million in the 12 months ending August 31, 2025.

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