IPO - Awaysis Capital, Inc.

Form Type: S-1/A

Filing Date: 2025-05-12

Corporate Action: Ipo

Type: New

Accession Number: 000164117225009691

Filing Summary: Awaysis Capital, Inc. filed an amendment to its registration statement for a firm commitment public offering of 2,857,142 shares of common stock, with an estimated initial offering price between $3.00 and $4.00 per share. The common stock is currently quoted on OTC Pink under the symbol 'AWCA' and the company intends to apply for listing on NYSE American. Major shareholders include Michael Singh and Dr. Trumbach, who beneficially own approximately 93% of the company's outstanding shares. The offering includes a 45-day overallotment option for the underwriter to purchase an additional 428,571 shares. The filing outlines various factors affecting the offering, including significant debt, market risks, and potential business integration challenges.

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.