Global Engine Group Holding Ltd.

General Information

We are a holding company. (Incorporated in the British Virgin Islands) 

As a holding company with no material operations, our operations are conducted by our indirect wholly owned subsidiary, Global Engine Limited (“GEL”), in Hong Kong, a special administrative region of the People’s Republic of China (the “PRC”). This is an offering of the Ordinary Shares of Global Engine Group Holding Limited, the holding company incorporated in BVI, instead of shares of GEL, our operating entity in Hong Kong. You may never directly hold any equity interest in our operating entity.

We and our subsidiaries are not based in mainland China and do not have operations in mainland China. Furthermore, none of our clients and suppliers are located in mainland China. We currently do not have or intend to set up any subsidiary in mainland China, and do not foresee the need to enter into any contractual arrangements with a variable interest entity (“VIE”) to establish a VIE structure in mainland China. For the year ended June 30, 2021, we generated approximately 81.3% of our revenues from Hong Kong. (Please see the prospectus, including the “Risk Factors” section, for language related to China risk.)

**Note: Revenue and net income figures are for the year ended June 30, 2021.

(Note: Global Engine Group Holding Ltd. filed an F-1/A dated Jan. 11, 2023, in which it disclosed partial terms – 3.5 million shares with no price range stated in the prospectus. Some IPO experts, however, believe the deal could raise up to $17 million – and if that is the case, then the assumed IPO price would be about $4.86. Global Engine Group Holding Ltd. filed its F-1 on Aug. 16, 2022; the company filed confidential IPO documents with the SEC on March 25, 2022.)

Industry: Services - Computer Processing & Data Application
Employees: 2
Founded: 2018
Contact Information
Address Room C, 19/F, World Tech Centre 95 How Ming Street, Kwun Tong Kowloon, Hong Kong
Phone Number +852 3955 2300
Web Address
View Prospectus: Global Engine Group Holding Ltd.
Financial Information
Market Cap
Revenues $3.3 mil (last 12 months)
Net Income $0.9 mil (last 12 months)
IPO Profile
Symbol GLE
Exchange NASDAQ
Shares (millions): 3.5
Price range $0.00 - $0.00
Est. $ Volume $17.0 mil
Manager / Joint Managers Univest Securities
Expected To Trade:
Status: TBA
Quiet Period Expiration Date:
Lock-Up Period Expiration Date:
SCOOP Rating
Rating Change