Latest S-1 registration statements

Nova LifeStyle, Inc. has filed an amended S-1 registration statement to offer up to $8 million in common stock and warrants, aiming to raise capital for working capital, debt repayment, and capital expenditures, while facing significant dilution for new investors and past Nasdaq listing concerns.

Papa Medical Inc., an end-to-end Hemp dosing solution provider, filed an amended S-1 registration statement detailing its initial public offering of 1,250,000 Class A common shares at an estimated US$4.00 per share, showcasing significant revenue growth in Q1 2025 but facing substantial regulatory and concentration risks.

DevvStream Corp. reported a net income for the three months ended April 30, 2025, primarily due to non-cash fair value adjustments, while facing a significantly increased working capital deficit and substantial doubt about its ability to continue as a going concern.

ESG Inc., a Nevada-based holding company with primary operations in China's mushroom and plant-based food industry, has filed an S-1/A registration statement for a public offering of 5,000,000 common shares at $5.00 each, seeking to raise approximately $25 million despite significant operational risks in China and a disclosed working capital deficiency raising going concern doubts.

La Rosa Holdings Corp. filed an amended S-1 registration statement for the resale of up to 88,059,093 shares of common stock by a selling stockholder, while also disclosing ongoing Nasdaq listing compliance issues, recent financing activities, and corporate governance changes.

CapsoVision, Inc., a medical technology company specializing in capsule endoscopy, is launching an initial public offering of 5,250,000 shares at an anticipated price range of $5.00 to $5.50 per share, aiming to raise approximately $22.83 million in net proceeds to fund R&D and general corporate purposes, despite a history of net losses and substantial doubt about its ability to continue as a going concern.

Blueport Acquisition Ltd, a newly formed Cayman Islands blank check company, has filed an S-1 registration statement for an initial public offering of 6.9 million units at $10.00 each, aiming to raise $69 million to fund a future merger or acquisition with an unidentified target business.

GeoVax Labs, a clinical-stage biotechnology company, has filed an S-1/A registration statement for a public offering of up to 8,333,334 common units and pre-funded units to raise approximately $6.8 million, aiming to fund its vaccine and immunotherapy programs despite a history of operating losses and a recent contract termination.

Silver Pegasus Acquisition Corp., a blank check company, has filed an amended registration statement for its initial public offering of 10 million units at $10.00 per unit, aiming to acquire a business in the technology sector, specifically semiconductors and systems solutions, with an enterprise value between $200 million and $500 million.

1RT Acquisition Corp., a blank check company, has filed an amended S-1 registration statement for its initial public offering of 15 million units at $10.00 each, aiming to raise $150 million for a business combination in the Digital Asset Ecosystem.

Carlsmed, Inc., a medical technology company pioneering AI-enabled personalized spine surgery solutions, has filed its S-1 registration statement for an initial public offering, showcasing significant revenue growth and positive clinical outcomes for its aprevo Technology Platform.

Globa Terra Acquisition Corporation has filed Amendment No. 3 to its S-1 Registration Statement, primarily to include legal opinions related to its proposed public offering of up to 17,499,550 units, each priced at US$10.

Cellectar Biosciences, a late-stage clinical biopharmaceutical company, has filed an S-1 registration statement for a public offering of up to 755,667 Class A or Class B Units to raise approximately $5.0 million, while acknowledging that these proceeds will not be sufficient to fund a key clinical trial through data readout and raising substantial doubt about its ability to continue as a going concern.

NMP Acquisition Corp., a Cayman Islands exempted company, has filed an amended S-1 registration statement detailing its initial public offering of units, private placements, and the rights and obligations of various investors and management.

Cantor Equity Partners III, Inc., a blank check company, has filed to register an additional 4.6 million Class A ordinary shares for public sale at $10 per share.

Invesco Galaxy Solana ETF has filed an S-1 registration statement with the SEC to launch an exchange-traded fund (ETF) aiming to track the spot price of Solana (SOL) on Cboe BZX under the ticker QSOL.

FIGX Capital Acquisition Corp. has filed an Amendment No. 3 to its S-1 Registration Statement, primarily to include a legal opinion, while also detailing its estimated offering expenses, indemnification policies, and recent private placement activities ahead of its proposed public offering.

Cohen Circle Acquisition Corp. II, a blank check company led by experienced SPAC executives, filed an amended registration statement for its initial public offering of 22 million units at $10.00 each, aiming to raise $220 million to pursue a business combination primarily in the financial services technology sector.

Maison Solutions Inc. has filed an amended registration statement for the resale of up to 19.8 million Class A common shares by a selling stockholder, stemming from a convertible note, which could lead to substantial dilution and exacerbate current Nasdaq listing challenges.

Vendome Acquisition Corporation I, a special purpose acquisition company, filed an amended S-1 registration statement detailing its planned $200 million initial public offering of 20 million units, each comprising one Class A ordinary share and half a warrant, alongside a private placement and robust corporate governance provisions.

Ascent Solar Technologies, a pioneer in flexible CIGS photovoltaic technology, has filed an S-1 registration statement to offer common stock and warrants, aiming to raise approximately $4.36 million in net proceeds to fund its operations and continued product development.

Lifeward Ltd., a medical device company, has filed an S-1/A registration statement to offer up to 4 million ordinary shares and accompanying warrants, seeking to raise approximately $3.6 million in net proceeds to fund ongoing commercial efforts and general corporate purposes, while acknowledging substantial doubt about its ability to continue as a going concern.

OneMedNet Corporation, a healthcare software company, reported continued significant net losses and a substantial accumulated deficit, leading its auditors to express substantial doubt about its ability to continue as a going concern, while simultaneously facing multiple Nasdaq listing compliance issues and pursuing significant equity and debt financing.

Bimergen Energy Corporation, a renewable energy project developer, has filed an amended S-1 registration statement for a public offering of common stock and pre-funded warrants, aiming to fund its substantial portfolio of utility-scale Battery Energy Storage System (BESS) and solar development projects despite a history of significant net losses and a going concern opinion.

Reliance Global Group, Inc. filed an S-1 registration statement for the resale of up to 4,568,455 shares of common stock by selling securityholders, while outlining recent strategic moves including a private placement, the planned sale of Fortman Insurance Agency, and the acquisition of Spetner Associates.

Liminatus Pharma, Inc., a pre-clinical stage biopharmaceutical company, has completed its business combination with Iris Acquisition Corp., listing on Nasdaq, but faces substantial doubt about its ability to continue as a going concern due to a history of significant losses and limited cash reserves.

Athena Bitcoin Global, a prominent operator of Bitcoin ATMs, reported a significant decline in net income and gross profit for Q1 2025 despite continued expansion of its ATM network and transaction volumes, while grappling with multiple class-action lawsuits and an evolving regulatory landscape.

Bone Biologics Corporation announced a public offering of common stock and warrants to raise approximately $4.3 million, aiming to fund clinical trials and patent portfolio expansion, while acknowledging substantial doubt about its ability to continue as a going concern.

NMP Acquisition Corp., a newly formed blank check company, filed an amended registration statement for its initial public offering of 10 million units at $10.00 each, aiming to raise $100 million to pursue a business combination within 18 months.

CoastalSouth Bancshares, Inc. is initiating an initial public offering of 2.6 million shares to raise capital for organic growth, strategic acquisitions, and debt repayment, building on its strong historical performance and diversified banking model.