AI-generated analysis. Always verify with the original filing.
Living Homeopathy International Ltd., a Cayman Islands holding company, operates through its wholly-owned Hong Kong subsidiary, Living Homeopathy Limited, providing homeopathy services and products including homeopathic remedies, co-remedies, classical flower remedies, personal care products, and water filters under the 'LIVING' brand. Ranked first in Hong Kong's homeopathy market with 35.8% share by 2024 product sales revenue per Frost & Sullivan, it generated all revenues from Hong Kong for the six months ended September 30, 2025 ($5.07 million, up 24.3% YoY) and years ended March 31, 2025 ($8.42 million) and 2024 ($8.51 million), with gross margins of 75.4%, 76.3%, and 75.0% respectively. Net income was $568,608 for H1 FY2026 (vs. loss of $33,934 prior year) and $812,130 for FY2025. The company is offering 3,750,000 Class A Ordinary Shares at $4.00-$6.00 (midpoint $5.00), expecting $15.47 million net proceeds (40% advertising, 30% market/product development, 30% working capital), listing on Nasdaq Capital Market under 'LHI'. Pre-IPO, 20 million shares outstanding (18M Class A, 2M Class B with 15x voting rights); Mr. Ka Lun To controls 52% voting power via LTO Holdings Ltd. Going public funds expansion like Tmall Global store and standardization efforts amid no mainland China operations but regulatory risks from Hong Kong-PRC ties.
Offering Amount
$25.9M
Shares Offered
500,000,000
Price Range
$4.00 – $6.00
Issuer Type
Shares Offered
3,750,000
Offering Amount
$18.75 million (midpoint)
Price Range
$4.0 and $6.0
Share Type
Class A Ordinary Shares
Exchange
Nasdaq Capital Market
Ticker
LHI
Use of Proceeds: 40% advertising planning ($6.19M), 30% market/product development and marketing ($4.64M), 30% working capital/general corporate ($4.64M)
Hong Kong-based homeopathy service provider offering homeopathic remedies, co-remedies, classical flower remedies, personal care products, and water filters under 'LIVING' brand; holding company structure with Cayman incorporation and Hong Kong operations.