IPO - Awaysis Capital, Inc.

Form Type: S-1/A

Filing Date: 2025-01-31

Corporate Action: Ipo

Type: New

Accession Number: 000149315225004498

Filing Summary: Awaysis Capital, Inc. is conducting a public offering of 2,857,142 shares of common stock with an estimated price between $3.00 and $4.00 per share, targeting to list on NYSE American under proposed symbol 'AWCA'. As of January 30, 2025, the last reported closing bid price for its shares was $0.4999. The company is undergoing a transformation to focus on acquiring and managing residential vacation home communities, aiming to capitalize on the trends favoring extended travel and work from home opportunities. Approximately 93% of the company's outstanding shares are held by a few key individuals, indicating it will remain a controlled company post-offering. The underwriters have a 45-day option to purchase additional shares to cover over-allotments. The offering is projected to raise about $9.3 million, with expected costs to underwriters and other fees deducted.

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