Chinese TV program distributor Unitrend Entertainment Group ups shares offered by 67% ahead of $28 million US IPO
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Unitrend Entertainment Group, a Chinese TV program distributor, has increased its IPO offering by 67%, now aiming to raise $28 million by selling 6.3 million shares at $4 to $5 each. Initially, the company planned to offer 1.3 million shares, later increasing to 3.8 million. Founded in 2010, Unitrend reported $37 million in revenue for the year ending December 31, 2025, and will list on Nasdaq under the symbol INHI, with Cathay Securities as the sole bookrunner.
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