Latest F-1 registration statements

Globavend Holdings Limited has filed an amended F-1 registration statement to offer up to 16.18 million units, each including ordinary shares and highly dilutive warrants, raising significant concerns about potential share price decline and Nasdaq delisting despite recent compliance regain.

Magic Empire Global Limited, a Hong Kong-based financial services provider, has filed an amended prospectus to offer up to 15 million Class A ordinary shares at a significant discount to its current market price, following a year marked by a substantial increase in net loss and negative operating cash flow.

Uptrend Holdings Limited, a Hong Kong-based civil engineering and transportation subcontractor, is seeking to raise capital through an initial public offering on the Nasdaq Capital Market to fund expansion, despite recent declines in interim net income and significant regulatory uncertainties related to its Hong Kong operations.

Aura Minerals Inc. has filed an amendment to its F-1 registration statement, including detailed technical reports for its Apoena and Almas gold projects in Brazil, and the newly acquired Era Dorada gold project in Guatemala, highlighting significant mineral resources, reserves, and positive economic assessments.

Chanson International Holding is offering up to 25 million units, each comprising Class A Ordinary Shares or Pre-Funded Warrants, and two types of Series Warrants, aiming to raise approximately $11.1 million, while facing a Nasdaq minimum bid price deficiency and inherent risks from its Variable Interest Entity (VIE) structure in China.

Heidmar Maritime Holdings Corp. has filed a Form F-1 registration statement to allow B. Riley Principal Capital II, LLC to resell up to 11,080,332 common shares, potentially raising up to $20 million for the company, following a significant business combination and a notable decline in 2024 revenues.

Aura Minerals Inc. has filed an amendment to its registration statement, providing detailed technical reports for its Matup Gold Project in Brazil, which demonstrates strong economic viability, and its producing San Andrès Mine in Honduras, which continues to show robust operational performance and significant gold reserves.

One and one Green Technologies. INC, a Philippine-based waste and scrap metal recycling company, is pursuing an initial public offering on the Nasdaq Global Market to raise up to $10 million for production expansion, real estate acquisition, new facility construction, and working capital.

Aura Minerals Inc. has filed its F-1 registration statement with the SEC, signaling its intent to list common shares on the Nasdaq Global Select Market, while reporting significant operational improvements and strategic acquisitions despite a net loss driven by unrealized hedging adjustments.

Gifts International Holdings Limited, a Hong Kong-based corporate gifting company, has filed for an initial public offering on the Nasdaq Capital Market, aiming to raise $6 million by offering 1.5 million Class A Ordinary Shares at an estimated price of $4.00 per share.

Raytech Holding Limited, a British Virgin Islands-incorporated personal care electrical appliance wholesaler operating out of Hong Kong, has filed an F-1 registration statement for a follow-on offering of up to 30,000,000 ordinary shares, seeking to raise capital for strategic expansion despite recent declines in net income and ongoing geopolitical risks.

Julong Holding Limited, a Cayman Islands holding company operating intelligent integrated solutions in China, filed an amended F-1 registration statement for its initial public offering of 1,250,000 Class A ordinary shares on Nasdaq, anticipating a price range of US$4.00 to US$6.00 per share.

MPJS Group Limited, a British Virgin Islands holding company operating Hong Kong-based jewelry retail, filed an amended F-1 registration statement for its initial public offering on Nasdaq, seeking to raise approximately $6 million while navigating complex regulatory landscapes and disclosing significant related-party transactions.

Rich Sparkle Holdings Limited has filed Amendment No. 3 to its Form F-1 Registration Statement, primarily to update exhibits and detail recent share capital restructuring in preparation for its proposed public offering.

Kandal M Venture Limited, a Cambodian-based contract manufacturer of affordable luxury leather goods, is seeking to raise approximately $6.75 million in its initial public offering on the Nasdaq Capital Market to significantly enhance production capacity and expand its global customer base.

The GrowHub Limited has filed an Amendment No. 1 to its F-1 registration statement, primarily to include an auditor's consent and update its exhibit index, with no changes to the underlying prospectus for its proposed public offering.

World Road Inc., a Cayman Islands holding company with primary operations in China, has filed an amended F-1 registration statement for its initial public offering on Nasdaq, detailing a significant business model shift towards high-growth comprehensive logistics solutions while navigating complex PRC regulatory and geopolitical risks.

Everbright Digital Holdings Limited, a Cayman Islands holding company operating in Hong Kong's digital marketing sector, has filed an F-1 registration statement for the resale of up to 7,000,000 ordinary shares by existing selling shareholders, with the company receiving no proceeds from these sales.

K-Tech Solutions Company Limited, a Hong Kong-based toy design and development firm, has filed for an Initial Public Offering on the Nasdaq Capital Market to raise approximately $7.44 million for strategic expansion, including establishing manufacturing in Southeast Asia and diversifying product lines through intellectual property licensing.

Empro Group Inc., a Malaysian beauty and healthcare company, is seeking to raise approximately $5 million in an initial public offering on the Nasdaq Capital Market, shifting its strategic focus towards high-margin cosmetics and skincare products following a significant decline in its healthcare segment revenue.

Mixed Martial Arts Group Limited, an Australian technology company modernizing the martial arts industry, reported increased losses and a significant decline in cash, raising substantial doubt about its ability to continue as a going concern, even as it pursues a public offering and strategic acquisitions.

Beta FinTech Holdings Limited, a Cayman Islands holding company with primary operations in Hong Kong, has filed for an initial public offering on the Nasdaq Capital Market, seeking to raise capital for significant expansion following a remarkable 1,775% revenue increase in the last fiscal year.

TryHard Holdings Limited, a Japanese lifestyle entertainment company, has filed for an initial public offering on the Nasdaq Capital Market, aiming to raise capital for business expansion and strategic acquisitions despite recent interim revenue declines attributed to event postponements and strategic re-focusing.

SFIDA X, Inc., a Japanese provider of web development, system integration, and IT consulting solutions, has filed an amended F-1 registration statement for its initial public offering of 1,000,000 American Depositary Shares on the Nasdaq Capital Market, aiming to raise approximately $4.73 million to expand its workforce and operations.

Primega Group Holdings Limited has filed an F-1 registration statement for the resale of up to 13,464,000 ordinary shares by existing selling shareholders, with the company not receiving any proceeds from these sales, while emphasizing its Hong Kong-based construction and transportation operations and significant regulatory risks tied to PRC oversight.

Zi Yun Dong Fang Limited, a Cayman Islands holding company operating through its Hong Kong subsidiary, is pursuing an initial public offering on the Nasdaq Capital Market to raise approximately $5.4 million, aiming to expand its Southeast Asia consulting services despite significant regulatory and operational risks tied to its Hong Kong base and PRC influence.

Japanese electric vehicle importer HW Electro Co., Ltd. is pursuing an initial public offering on Nasdaq to raise capital, primarily to address significant debt and a substantial working capital deficit, as its auditor raises 'substantial doubt' about its ability to continue as a going concern.

SFIDA X, Inc., a Japanese IT solutions provider, has filed an amended F-1 registration statement for an initial public offering of 1,000,000 American Depositary Shares on the Nasdaq Capital Market, with an expected price range of $5.00 to $6.00 per ADS.

Etoiles Capital Group Co., Ltd, a Hong Kong-based integrated investor relations service provider, is pursuing an initial public offering on the Nasdaq Capital Market following a year of significant revenue and net income growth, despite inherent risks tied to its operational base and dual-class share structure.

Grande Group Limited has filed Amendment No. 4 to its F-1 Registration Statement, primarily to incorporate auditor consents and provide comprehensive details on its corporate reorganization, share subdivisions, and private placements of unregistered securities in preparation for a public offering.