Mayer Brown JSM advised Sky Light Holdings Limited (Sky Light) on its HK$676 million global offering and primary listing of shares on the Hong Kong Stock Exchange.

Sky Light is a leading digital imaging device and solution provider for the action camera industry globally. It is principally engaged in developing and manufacturing of action cameras and related accessories, other digital imaging products such as traditional digital cameras, portable scanners, digital camcorders as well as home imaging and smart wearable products. It is the principal manufacturer of “GoPro”, a major camera brand.

According to leading research and consultancy firm Frost & Sullivan, Sky Light was the second largest action camera manufacturer worldwide with a market share of 31 percent in terms of global action camera shipments in 2014.

This IPO was led by BOCI as the sole sponsor, sole global coordinator and sole bookrunner. In addition to Asiaray Media Group, Sky Light is the second successful IPO Mayer Brown JSM cooperated with BOCI in 2015.

The transaction was led by Mayer Brown JSM Corporate & Securities partner Billy Au, and he was assisted by associates Wilson Chong and Sally Lam in Hong Kong.