Hong Kong human resources and business solutions service provider Mcglann International (MCL.US) IPO priced at $4-6 per share, planning to raise $20 million

MCL International, a Hong Kong-based provider of human resources, immigration, and ESG consulting services, submitted documents to the U.S. Securities and Exchange Commission (SEC) on Monday, planning to raise up to $20 million through an initial public offering (IPO). Specifically, the company aims to raise this capital by issuing 4 million shares at an offering price range of $4 to $6 per share.

MCL International offers human resources and business consulting services in Hong Kong, including recruitment, immigration consulting, and ESG advisory. The company provides talent search, outsourcing, business consulting, branding and marketing support, immigration applications, and ESG strategy guidance for corporate and individual clients. Its operations are conducted through subsidiaries Mclaren and Here Hear, which focus on recruitment and immigration services, and immigration and ESG consulting, respectively.

Founded in Hong Kong in 2019, the company recorded revenue of $2 million for the 12 months ending June 30, 2025. It plans to list on Nasdaq under the ticker symbol MCL. MCL International filed its confidential registration statement on April 22, 2025. Joseph Stone Capital is the sole bookrunner for the offering.