BAO Holding Ltd.

General Information
Business:

(Incorporated in the British Virgin Islands)

We are a Hong Kong holding company whose underlying business, an IT solutions provider, offers customized software development and technology services. 

Operating through our subsidiary, BoxAO, we serve a diverse range of industries, including network services, retail chains, laundry services, pharmacy sales, building management, amusement parks, wholesale and distribution.

We provide customized software tailored to each client’s unique requirements. Our business is uniquely positioned in the custom software sector, offering the capability to deploy and integrate sensors, controls, and other hardware, such as smart displays, kiosks, lockers, and vending machines, to deliver autonomous or semi-autonomous solutions. With our pluggable core modules, we can efficiently develop software for clients across various industries, enabling us to complete customizations in significantly shorter timeframes.

Note: Net income and revenue are in U.S. dollars for the 12 months that ended Sept. 30, 2025.

(Note: BAO Holding Ltd. revived its IPO with a new F-1 filing on Feb. 6, 2026, and disclosed the terms: 3.75 million shares at a price range of $4.00 to $5.00 to raise $16.88 million, if priced at the $4.50 mid-point of its range. in the new F-1 filing, BAO Holding Ltd. disclosed that Revere Securities has joined the deal as a book-runner to work with the lead underwriter, Pacific Century Securities. Background: BAO Holding Ltd. withdrew its IPO plans in an SEC filing on Dec. 31, 2025. BAO Holding Ltd.’s withdrawn IPO had consisted of 1.5 million shares at a price range of $4.00 to $5.00 to raise $6.75 million, according to its F-1 filing dated Aug. 20, 2025.)

Industry: SERVICES - PRE-PACKAGED SOFTWARE
Employees: 5
Founded: 2018
Contact Information
Address Unit A4, 5/F Tsing Yi Industrial Centre Phase 1 Nos. 1-33 Cheung Tat Road Tsing Yi, New Territories Hong Kong (852) 3955 2301
Phone Number (852) 3955 2301
Web Address https://boxasone.com/
View Prospectus: BAO Holding Ltd.
Financial Information
Market Cap $90.91mil
Revenues $4.01 mil (last 12 months)
Net Income $0.71 mil (last 12 months)
IPO Profile
Symbol BAO
Exchange NASDAQ
Shares (millions): 3.8
Price range $4.00 - $5.00
Est. $ Volume $16.9 mil
Manager / Joint Managers Pacific Century Securities/Revere Securities
CO-Managers
Expected To Trade:
Status: TBA
Quiet Period Expiration Date:
Lock-Up Period Expiration Date:
SCOOP Rating
Rating Change