IPO - Carbon Zero Technologies International Inc.

Form Type: F-1/A

Filing Date: 2025-01-10

Corporate Action: Ipo

Type: New

Accession Number: 000149315225001648

Filing Summary: Carbon Zero Technologies International Inc. filed an amendment to its initial registration statement on Form F-1 for an initial public offering (IPO) of American Depositary Shares (ADSs). The registration includes a minimum offering of 2,500,000 ADSs, representing 20,000,000 Class A ordinary shares, and a maximum offering of 4,200,000 ADSs, representing 33,600,000 Class A ordinary shares. The company is seeking to list its ADSs on the Nasdaq Global Market under the symbol 'CZTI'. This registration also covers the resale of 750,000 ADSs, representing 6,000,000 Class A ordinary shares, by a selling shareholder. The offering is contingent upon the ADSs being approved for listing on Nasdaq and trading may not commence without this approval. The anticipated initial public offering price is estimated to be between $11.00 and $13.00 per ADS. The document highlights risks associated with being a Cayman Islands holding company with operations in China and discusses the implications of recent Chinese regulatory changes on overseas listings. It emphasizes that the company is an emerging growth company eligible for reduced reporting obligations and discusses the potential impact of the Holding Foreign Companies Accountable Act on trading its shares in the U.S.

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