IPO - Aureus Greenway Holdings Inc
Form Type: 10-K
Filing Date: 2025-03-28
Corporate Action: Ipo
Type: Update
Accession Number: 000164117225001168
Filing Summary: Aureus Greenway Holdings Inc. (the Company) has filed its annual report on Form 10-K for the fiscal year ended December 31, 2024. The report highlights that the Company owns and operates two public golf country clubs in Florida, which include various recreational amenities designed to attract a diverse customer base. The Company is involved in multiple business segments including golf recreation, membership dues, food and beverage services, and ancillary offerings. Significant improvements have been made to the facilities since their acquisition in 2014, which have contributed to a steady revenue increase. These accomplishments lead up to the Company's Initial Public Offering (IPO) completed on February 14, 2025, where they sold 3,000,000 shares at a public offering price of $4.00 per share, grossing $12 million before deducting underwriting discounts and expenses. The report specifies that as of March 28, 2025, there were 13,880,000 shares of common stock issued and outstanding.
Additional details:
Common Stock Par Value: $0.001
Trading Symbol: AGH
Exchange: The Nasdaq Stock Market LLC
Total Shares Outstanding: 13,880,000
Ipo Date: 2025-02-14
Ipo Shares Sold: 3,000,000
Ipo Price Per Share: $4.00
Ipo Gross Proceeds: $12 million
Form Type: 424B4
Filing Date: 2025-02-13
Corporate Action: Ipo
Type: New
Accession Number: 000149315225006199
Filing Summary: Aureus Greenway Holdings Inc. is conducting an initial public offering (IPO) of 3,000,000 shares of its common stock at an initial offering price of $4.00 per share, which is under a firm commitment basis. An additional 750,000 shares are being sold by Selling Stockholders, providing a total potential raise of $15,000,000. The company will not receive any proceeds from the sales made by the Selling Stockholders. The company, incorporated in Nevada, does not have significant operations on its own and carries out its business primarily through its operating entities in the U.S. The company has been categorized as an 'emerging growth company' under the JOBS Act of 2012, allowing for reduced public company reporting obligations. Furthermore, the common stock is approved for listing on the Nasdaq under the symbol "AGH." The offer comes with associated risks related to the corporate structure and market conditions.
Additional details:
Initial Public Offering Price: 4.00
Total Initial Public Offering Proceeds: 15000000
Underwriting Discount: 1,050,000
Proceeds To Company Before Expenses: 11160000
Proceeds To Selling Stockholders Before Expenses: 2790000
Form Type: 8-K
Filing Date: 2025-02-13
Corporate Action: Ipo
Type: New
Accession Number: 000149315225006417
Filing Summary: On February 11, 2025, Aureus Greenway Holdings Inc. entered into an underwriting agreement for a public offering of 3,750,000 shares of common stock at an offering price of $4.00 per share, resulting in gross proceeds of $15 million. The shares were sold under a registration statement that was effective as of November 12, 2024. The company will not receive proceeds from shares sold by the selling stockholders. The common stock was approved for listing on the Nasdaq Capital Market under the symbol 'AGH', which began trading on February 12, 2025. The final prospectus was filed with the SEC on February 11, 2025.
Additional details:
Underwriting Agreement Date: 2025-02-11
Number Of Shares Offered: 3750000
Offering Price Per Share: 4.00
Gross Proceeds: 15000000
Nasdaq Symbol: AGH
Initial Trading Date: 2025-02-12
Form Type: 8-A12B
Filing Date: 2025-02-05
Corporate Action: Ipo
Type: New
Accession Number: 000149315225004889
Filing Summary: Aureus Greenway Holdings Inc. is registering its common stock, with a par value of $0.001 per share, for listing on The Nasdaq Stock Market LLC. The registration pertains to the listing of securities under Section 12(b) of the Securities Exchange Act of 1934. The company's securities registration statement (File No. 333-280340) was originally filed on June 20, 2024, and includes detailed information about the capital stock. The document indicates no other securities are being registered concurrently. The form emphasizes its compliance with regulatory requirements and signifies the commencement of the security registration process.
Additional details:
Title Of Class: Common Stock
Par Value: $0.001
Exchange Name: The Nasdaq Stock Market LLC
Security Act Number: 333-280340
Form Type: POS AM
Filing Date: 2025-01-10
Corporate Action: Ipo
Type: New
Accession Number: 000149315225001803
Filing Summary: Aureus Greenway Holdings Inc. filed a post-effective amendment to its Form S-1 registration statement, originally filed on June 20, 2024, which was declared effective on November 12, 2024. This amendment is specifically to update information regarding executive and director compensation for the year ended December 31, 2024, and also includes updates to certain exhibits. The company is offering an initial public offering of 3,000,000 shares of its common stock and an additional 750,000 shares by selling stockholders, with an expected price range between $4.00 and $6.00 per share. The shares are intended for listing on the Nasdaq Capital Market under the symbol 'AGH' once approved. The document also reaffirms that no new securities are being registered under this particular amendment and states that all applicable registration fees were previously paid.
Additional details:
Issued Shares: 3,000,000
Selling Stockholders Shares: 750,000
Ipo Price Range: $4.00 to $6.00
Total Authorized Shares: 500,000,000
Common Stock Authorized: 450,000,000
Preferred Stock Authorized: 50,000,000
Series A Preferred Stock Authorized: 20,000,000
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