Latest S-1 registration statements

Thoughtful Media Group, a Southeast Asia-focused digital advertising and MCN company, is pursuing an initial public offering on Nasdaq, aiming to raise up to $16.875 million, despite recent net losses and auditor concerns about its going concern ability.

Galaxy Digital Inc. reports mixed financial results for H1 2025 amidst strategic expansion into AI/HPC data centers and significant capital raises, while resolving key legal matters.

Buda Juice, Inc. files for an initial public offering to raise up to $20 million, aiming to list on the NYSE and fund its national expansion of UltraFresh™ cold-crafted juice production.

Twin Hospitality Group Inc. filed an S-1/A to register shares for resale by White Lion Capital LLC and to potentially raise up to $50 million through a committed equity facility, while actively negotiating with noteholders regarding alleged debt defaults.

Momentus Inc. filed an S-1/A amendment detailing a series of highly dilutive capital raises, debt conversions, and warrant issuances to fund operations and settle debts.

SHF Holdings, Inc. filed an S-1/A registration statement for the potential sale of up to 46,153,846 shares of Class A Common Stock by CREO Investments LLC, potentially raising up to $500 million for the company.

Palatin Technologies is conducting a public offering of common stock and warrants to raise capital, while simultaneously navigating delisting from NYSE American and ongoing litigation.

GeoVax Labs files an S-1 registration statement for warrant resale, highlighting clinical advancements in vaccines and oncology therapies while facing significant financial challenges and a 'going concern' opinion.

Tailwind 2.0 Acquisition Corp., a blank check company, filed an amended S-1 registration statement for its initial public offering of 15 million units at $10.00 each, aiming to acquire a business in the 'Electron Economy' within 24 months.

Maze Therapeutics, a clinical-stage biopharmaceutical company, filed an S-1 registration statement for the resale of up to 9.2 million shares of common stock by existing selling stockholders.

Envoy Medical, a hearing health company, filed an S-1 registration statement for the resale of over 15 million shares by selling stockholders, while advancing its Acclaim cochlear implant clinical trials and addressing Nasdaq listing compliance.

Actelis Networks, Inc. filed an amendment to its S-1 registration statement, primarily to enable automatic effectiveness and disclose a series of recent private placements and warrant exercises totaling over $12 million.

Functional Brands Inc. is pursuing a direct listing on Nasdaq, registering 17.88 million shares for resale, while facing recurring losses and a going concern doubt.

Exzeo Group, a P&C InsurTech provider, files for an IPO of 8 million shares, targeting a $20-$22 price range, and reports strong preliminary Q3 2025 revenue and net income growth.

Alpha One Inc. reports a significant net loss and negative working capital, raising substantial doubt about its ability to continue as a going concern, despite increased Q2 2025 revenues.

Onconetix, a commercial-stage biotech, filed an S-1 to register 5.1 million common shares for resale by Keystone Capital Partners under an existing equity line of credit, while facing significant financial challenges and abandoning a key product.

PMGC Holdings Inc. filed an S-1 registration statement for the resale of up to 5 million common shares by Streeterville Capital, LLC, following a new $20 million equity line of credit and recent strategic acquisitions.

Heritage Distilling Holding Company, Inc., now branded IP Strategy, has completed a $223.8 million private placement and is shifting its core business focus to cryptocurrency, specifically the Story Network's $IP tokens, alongside its craft spirits operations.

ECD Automotive Design, a custom luxury car builder, filed an S-1/A for the resale of up to 300.7 million common shares and warrants, while facing significant losses and Nasdaq compliance challenges.

PMGC Holdings Inc. filed an S-1/A, outlining recent capital raises, strategic acquisitions in manufacturing and biotech, and a continued focus on its diversified portfolio despite ongoing financial losses.

Laser Photonics Corporation files an S-1 registration statement for the resale of up to 3,871,964 shares by selling stockholders, following recent private placements and acquisitions.

INVO Fertility, Inc. filed an S-1 registration statement for the resale of up to 8,345,774 shares of common stock by Five Narrow Lane LP, with no direct proceeds to the company from the sale.

Specificity, Inc., a digital marketing firm, filed an S-1 registration statement for the resale of 2 million common shares by ClearThink Capital Partners LLC, highlighting significant financial challenges and a going concern warning from its auditors.

Elauwit Connection, a broadband network provider for multifamily and student housing, is launching its initial public offering of 1,667,000 shares at $9.00 per share to fund expansion and debt repayment.

Cantor Equity Partners V, a blank check company, filed an amended S-1 registration statement for its $200 million initial public offering, targeting financial services, digital assets, healthcare, real estate, technology, and software industries.

Lexaria Bioscience Corp. filed an S-1 registration statement for the resale of up to 2,760,000 common shares by selling stockholders, with the company not receiving direct proceeds from these sales but potentially from warrant exercises.

JFB Construction Holdings filed an S-1 for the resale of 24.85 million shares by selling stockholders, following a $44M private placement.

DeFi Development Corp. files S-1/A, detailing its dual AI real estate and Solana digital asset strategy, recent capital raises, and associated risks.

DeFi Development Corp. is offering $65 million in 10.00% Series C Cumulative Perpetual Preferred Stock to fund general corporate purposes, including further Solana acquisitions, amidst a strategic shift towards digital assets.

Mobix Labs, a designer of wireless and wired connectivity solutions, has filed to register the resale of up to 12.89 million Class A Common Stock shares by selling stockholders and announced recent financing activities totaling over $6 million in proceeds, alongside a proposed acquisition of Peraso, Inc.