Latest F-1 registration statements

Aura Minerals Inc. is pursuing a Nasdaq Global Select Market listing to enhance liquidity and shareholder diversification, while reporting significant revenue and EBITDA growth, despite a net loss driven by unrealized hedging losses on rising gold prices, and advancing key mining projects and acquisitions.

Almonty Industries, a leading tungsten producer, filed an F-10 registration statement to list on NASDAQ, highlighting its strategic focus on developing high-grade tungsten and molybdenum assets in Western-friendly nations to meet increasing defense and high-tech industry demand.

IceCure Medical Ltd. has initiated a non-transferable rights offering aiming to raise up to $10 million, primarily to repay a bridge loan and for general corporate purposes, while reporting anticipated lower product sales and higher net loss for the first half of 2025 due to regional conflict.

Otsaw Limited, a Singapore-based autonomous mobile robot (AMR) and robotics solutions provider, is seeking to raise $20 million in an initial public offering on Nasdaq to fund its global expansion, production capacity, and R&D, despite a history of recurring net losses and auditor-expressed 'substantial doubt' about its ability to continue as a going concern.

A leading digital insurance brokerage firm in China, Zhibao Technology Inc., is navigating an event of default on its convertible notes while simultaneously pursuing strategic acquisitions and global expansion, all under the shadow of evolving Chinese regulatory oversight.

Republic Power Group Limited has filed an amendment to its F-1 registration statement, detailing corporate indemnification and requesting a waiver for the 12-month financial statement requirement for its proposed initial public offering.

OceanPal Inc. has filed an amended prospectus for a public offering of units, each comprising common shares or pre-funded warrants and highly dilutive Class C Warrants with multiple reset provisions and a zero-cash exercise option, aiming to raise up to $15 million for general corporate purposes and fleet expansion, despite reporting a significant net loss of $17.86 million in 2024.

Nova Minerals Limited, an exploration-stage company, is undertaking a public offering of American Depositary Shares to raise approximately US$13.69 million to advance its flagship Estelle Gold and Critical Minerals Project in Alaska, focusing on gold production by 2027 and potential fast-tracked antimony production by 2026.

South Bow Canadian Infrastructure Holdings Ltd. and its guarantors filed an amended registration statement for an exchange offer of U.S.$1.1 billion in junior subordinated notes, aiming to provide freely transferable, registered securities to existing holders.

South Bow USA Infrastructure Holdings LLC, with guarantees from South Bow Corporation, is conducting an exchange offer for $3.65 billion in senior notes to register them under the U.S. Securities Act, aiming to improve liquidity for holders.

IceCure Medical Ltd. is conducting a non-transferable rights offering to raise up to $10 million, primarily to repay a bridge loan and fund operations through May 2026, while facing a delayed FDA marketing authorization for its ProSense system and ongoing geopolitical instability in Israel.

CTW Cayman, a leading web-based gaming platform specializing in anime IP-based HTML5 games, is seeking to raise up to $18 million in an initial public offering on the Nasdaq Capital Market to fund global expansion and general corporate purposes.

The Generation Essentials Group has filed an amended F-1 registration statement to register the issuance of up to 16.22 million Class A Ordinary Shares upon warrant exercise and the resale of up to 57.4 million Class A Ordinary Shares and 11.12 million Sponsor Warrants by selling securityholders, following its recent business combination with Black Spade Acquisition II Co.

The GrowHub Limited filed Amendment No. 2 to its F-1 Registration Statement, primarily to include the consent of its independent auditor and update the exhibit index, while also detailing past unregistered share issuances and reiterating its intent to delay effectiveness until further amendment or SEC determination.

Northern Dynasty Minerals Ltd. has filed an amended shelf prospectus to offer up to US$75 million in various securities, primarily to fund ongoing legal challenges against federal permit denials for its Pebble Project and maintain operations.

Taseko Mines Limited has filed a Form F-10 registration statement, a base shelf prospectus, allowing it to offer various securities up to $600 million over 25 months, while also confirming Florence Copper project construction is on schedule for Q4 2025 first production, albeit with an expected 10-15% cost increase.

LEIFRAS Co., Ltd., a Japanese youth sports and social business company, has filed an amended F-1 registration statement for its initial public offering of 1,250,000 American Depositary Shares on Nasdaq, aiming to raise approximately $3.59 million in net proceeds to fuel expansion despite a significant drop in operating cash flow and a disclosed regulatory issue.

Empro Group Inc. has filed an F-1MEF registration statement to increase the aggregate amount of Ordinary Shares offered by up to $575,000, including over-allotment options, following the effectiveness of its prior F-1 filing.

Softto, Inc., a Cayman Islands holding company operating personal care and beauty product businesses in China, filed an amended F-1 registration statement for its initial public offering on the OTCQX Market, reporting a significant revenue decrease and continued net losses for 2024, alongside a substantial doubt about its ability to continue as a going concern.

Republic Power Group Limited, a Singapore-based ERP software provider, is proceeding with its Nasdaq IPO despite an 86.3% revenue drop in fiscal year 2024 and its independent auditor expressing substantial doubt about its ability to continue as a going concern.

SaverOne 2014 Ltd. has filed a registration statement for the resale of up to 5.76 billion ordinary shares by selling shareholder YA II PN, LTD., while facing significant accumulated losses, auditor concerns about its ability to continue as a going concern, and persistent challenges in maintaining its Nasdaq listing.

RYOJBABA CO., LTD. has filed its ninth pre-effective amendment to its Form F-1 registration statement, primarily to include the consent of its independent registered public accounting firm and update its exhibit index, while reiterating its intent for a U.S. initial public offering.

Antharas Inc, a Malaysian property developer, filed an F-1/A for its initial public offering on Nasdaq, seeking to raise $5.23 million to $6.01 million, while reporting a sharp drop in net income from $2.27 million in 2023 to $5,790 in 2024, attributed to increased costs and IPO expenses.

Xinzi, a Cayman Islands holding company operating through its PRC subsidiaries in the solar photovoltaic film industry, reported a net loss of $0.34 million in 2024, a significant decline from a net income of $0.46 million in 2023, as it proceeds with its initial public offering on the Nasdaq Capital Market.

Gelteq Limited has filed an F-1 registration statement for the resale of up to 4,000,000 ordinary shares by Lincoln Park Capital Fund, LLC, aiming to secure up to $12 million in gross proceeds to fund its R&D and operations amidst a history of significant operating losses and a going concern doubt.

Chinese distributed technology firm Zerolimit Technology Holding Co. Ltd. filed its F-1 registration statement for an initial public offering on Nasdaq, seeking to raise $8 million to fuel its R&D, new product production, and market expansion.

SMX (Security Matters) Public Limited Company files an amendment to its Form F-1 registration statement for the resale of up to 21,484,375 ordinary shares by selling stockholders.

Linkage Global Inc. reported a significant 19.19% decrease in total revenue for the fiscal year ended September 30, 2024, primarily driven by a sharp decline in cross-border sales, while simultaneously launching new fully managed e-commerce operation services and securing new capital to fund international expansion.

Eldorado Gold Corporation filed an Amendment No. 1 to its Form F-10 Registration Statement to correct an inadvertently omitted filing fee table exhibit and increase the aggregate registration amount for future securities offerings.

Mega Fortune Company Limited, a Cayman Islands-based IoT solutions provider operating primarily in Hong Kong, has filed an amended F-1 registration statement for its initial public offering of 3.75 million ordinary shares on Nasdaq, targeting a price range of $4 to $5 per share, while disclosing a decline in net income and significant operational and geopolitical risks.