General Information |
Business: |
(Incorporated in the Cayman Islands)
Boundless is a holding company incorporated as an exempted company on October 3, 2024, under the laws of the Cayman Islands. It operates substantially all of its business through its subsidiaries in the People’s Republic of China (PRC).
We are an optical display technology company in China, specializing in designing and providing optical display modules and whole sets of optical display products. We currently offer near-eye optical display products and provide modular design services and comprehensive technical support throughout the product life cycle — from initial design consultation to final customer use. In addition, we plan to launch camera monitoring system (“CMS”) solutions, color electronic paper (“e-paper”) display products, customized optical solutions, and other industry-specific display solutions in the near future. We outsource the production of our products to third-party original equipment manufacturers (“OEMs”) who manufacture products based on our design specifications and generate income primarily through product sales. Most of our VR optical modules are manufactured, assembled, tested and packaged by one OEM manufacturer, Wuxi Sharp Display Technology Co., Ltd. (“Wuxi Sharp”), a subsidiary of Sharp Corporation, with whom we have entered into a sales agreement, which renews automatically unless terminated upon written notice by either party. We have maintained a long-term cooperative relationship with Wuxi Sharp since 2022. Based on the long-term contractual agreement, our company places purchase orders with Wuxi Sharp as needed, detailing the product specifications to facilitate Wuxi Sharp’s customized supply to our company.
Note: Net loss and revenue are in U.S. dollars for the year that ended June 30, 2025.
(Note: Boundless Group disclosed the terms for its small IPO in an F-1/A filing on Oct. 10, 2025: The company is offering 4 million shares at a price range of $4.00 to $5.00 to raise $18.0 million, if priced at the $4.50 mid-point of its range.)
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Industry: |
Optical Instruments & Lenses |
Employees: |
35 |
Founded: |
2022 |
Contact Information |
Address |
Room 2001, Building 1, Xincheng Science Park 69 Aoti Avenue, Jianye District Nanjing City, Jiangsu Province, China 210000 |
Phone Number |
+86 2558715810 |
Web Address |
https://www.boundlesstech.com.cn/ |
View Prospectus: |
Boundless Group |
Financial Information |
Market Cap |
$200.7mil |
Revenues |
$26.2 mil (last 12 months) |
Net Income |
$-1.79 mil (last 12 months) |
IPO Profile |
Symbol |
BLTG |
Exchange |
NASDAQ |
Shares (millions): |
4.0 |
Price range |
$4.00 - $5.00 |
Est. $ Volume |
$18.0 mil |
Manager / Joint Managers |
US Tiger Securities |
CO-Managers |
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Expected To Trade: |
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Status:
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TBA |
Quiet Period Expiration Date: |
Available only to Subscribers |
Lock-Up Period Expiration Date: |
Available only to Subscribers |
SCOOP Rating |
Available only to Subscribers |
Rating Change |
Available only to Subscribers |