Hong Kong-based insurance brokerage firm Kepler Group (KPL.US) filed for an initial public offering (IPO) with the U.S. Securities and Exchange Commission (SEC) on Wednesday, planning to issue 1.4 million shares at a proposed price range of $4 to $6 per share, targeting maximum proceeds of $7 million.

Based on the midpoint of the proposed price range at $5 per share, the company would achieve a fully diluted market capitalization of $107 million. Cathay Securities serves as the sole bookrunner for the IPO, with shares expected to trade on the Nasdaq under the ticker symbol "KPL."

According to the prospectus, Kepler Group's core business focuses on life insurance brokerage services, which accounts for 95% of the company's total revenue. The firm also covers marketing and sales of general insurance products including medical, travel, and automotive insurance, while providing after-sales services such as policy reviews and claims assistance. Additionally, the company extends its operations into immigration services and software upgrade maintenance.

Financial data reveals that Kepler Group generated $20 million in operating revenue for the 12-month period ending March 31, 2025. Founded in 2016, the company plans to use IPO proceeds to support business expansion and supplement working capital.

For fiscal year 2025 (ending March 31), the company reported revenue of $20.305 million and net profit of $851,000.