Quick Take
Goxus (GOXS) has filed to raise $13.5 million in an IPO of its ordinary shares, according to an F-1 registration statement.
The firm provides a range of urban-rural design and development consulting services to construction firms and municipalities in China.
GOXS has provided incomplete recent financial information and the firm’s revenue growth, profit and cash flow from operations are decelerating materially, so this IPO isn't investment grade in my view.
Company And Technology
Beijing, China-based Goxus was founded to offer two primary consulting service lines: 1. Urban-rural design services, 2.