Global timber trader FF Global Holdings(FFGG.US)files U.S. IPO application, seeking to raise $20 million

LootboxPhobia · 2026-03-18T09:53:00+00:00

Timber trader FF Global Holdings has filed an IPO application with the U.S. Securities and Exchange Commission, planning to raise a maximum of $20 million. The company focuses on sourcing hardwood from Congo for Chinese clients, and plans to issue 4 million shares priced at $4 to $6 per share. FF Global Holdings was founded in 2022, achieved revenue of $9 million in fiscal year 2025, and plans to list on Nasdaq.

LootboxPhobia

2026-03-18 09:53:00

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CITIC Finance APP has learned that wood trading company FF Global Holdings submitted an IPO application to the U.S. Securities and Exchange Commission (SEC) on Tuesday, aiming to raise up to $20 million. The company is a wood trader focused on sourcing hardwood from the Democratic Republic of Congo (DRC) for Chinese clients.

The company plans to issue 4 million shares at a price range of $4 to $6 per share to raise $20 million.

FF Global Holdings conducts its business through its subsidiary, Future Faith, trading African hardwood logs sourced from the DRC’s concession areas. The company serves clients in Asia and the Middle East, including Mainland China, Hong Kong, Vietnam, Japan, and the UAE, mainly serving log traders, manufacturers, and wood processing companies. In fiscal year 2025, the company expanded into the lumber sector by increasing purchases of European white ash from Vietnam. Its supply heavily depends on a single distributor, accounting for 91.9% of hardwood log purchases in FY2025, and its revenue in FY2025 comes from only four customers, with the largest customer accounting for 76.0%.

Headquartered in Singapore, the company was founded in 2022 and recorded $9 million in revenue over the 12 months ending June 30, 2025. The company plans to list on NASDAQ under the ticker symbol FFGG. FF Global Holdings filed a confidential registration statement on December 30, 2025. Blue Diamond Securities of America is the sole bookrunner for the offering.

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