(20:04 GMT) *Lagarosse Holdings Files for IPO (21:13 GMT) Lagarosse Holdings Files for Initial Public Offering
By Doc Louallen
Lagarosse Holdings Limited filed for an initial public offering.
The company didn't say how many Class A ordinary shares it would offer or at what price, and said the closing will depend on final approval to list on the Nasdaq Capital Market or NYSE American.
Lagarosse said it plans to use the proceeds to invest in Château Lagarosse, fund marketing, pursue strategic acquisitions, and for working capital.
Lagarosse said it has reserved ticker LAGH with the Nasdaq Capital Market, but has not yet reserved a trading symbol with NYSE American.
For the six months ended Sept. 30, 2025, the company had a profit before tax of $952,268 on sales of about $1.4 million.
Write to Doc Louallen at Doc.Louallen@wsj.com