STX Entertainment, which is known for action features like The Foreigner starring Jackie Chan and Killer’s Game with Jason Statham is looking to go public in Hong Kong in August. If the planned IPO goes through, it would mark the first U.S. company to raise funds in Hong Kong.

According to the South China Morning…

STX Entertainment, as has long been suggested would be the case, has filed for an IPO on the Hong Kong stock exchange. If accepted, the proposal would make Bob Simonds’ burgeoning studio the first U.S.-based entertainment company to go public on the Hong Kong exchange.

The company was valued at $1.5B last year, however…

STX Entertainment, the company founded three and a half years ago by Robert Simonds and Bill McGlashan of TPG Growth with investment from Gigi Pritzker and Chinese concern Hony Capital, plans to raise $500M in an IPO in the first quarter of 2018. It’s been known that STX has been talking about mounting an IPO for some…

<img class="alignrig…

2ND UPDATE, 12:07 PM: Michael Bay has given his own version of events on Transformers 4, through his personal blog. Here goes:

<img class="alignright size-thumbnail wp-image-333956" title="michaelbay" src="https://s0.wp.com/wp-content/themes/vip/plugins/lazy-load-0.7/images/1x1.trans.gif" …