IPO - Catalyst Crew Technologies Corp.

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Form Type: 424B4

Filing Date: 2025-01-23

Corporate Action: Ipo

Type: New

Accession Number: 000147793225000414

Filing Summary: Catalyst Crew Technologies Corp. is offering 40,000,000 shares of its common stock at a fixed price of $0.01 per share on a best efforts basis. The offering, registered under Rule 424(b)(4) with Registration No. 333-284181, reflects the company's entrance into the capital markets, as it seeks to raise up to $400,000 in net proceeds by selling all offered shares. Management has expressed uncertainty about the ability to sell any shares and highlighted that no minimum amount is required. The proceeds will be utilized for operating expenses and compliance costs associated with running the business. The company is focused on developing Facial Recognition Technology (FRT) and is positioned to leverage its proprietary technology across various sectors. Management transparency indicates a significant ownership concentration, with approximately 99.56% of shares held by executives, giving them effective control over corporate decisions. The prospective risk factors state that investing in this venture carries a high risk, particularly due to the lack of firm underwriting and the competitive nature of the facial recognition industry. Notably, the company has incurred losses and faces a going concern risk, underscoring the challenges it faces in its early development stage.

Document Link: View Document

Additional details:

Offering Price Per Share: 0.01


Number Of Shares Offered: 40000000


Total Shares Outstanding Before Offering: 55405732


Total Shares Outstanding After Offering: 95405732


Use Of Proceeds: operating expenses, compliance costs, and advertising efforts


Management Ownership Percentage Before: 99.56


Management Ownership Percentage After Full Sale: 57.82


Form Type: S-1/A

Filing Date: 2025-01-16

Corporate Action: Ipo

Type: New

Accession Number: 000147793225000304

Filing Summary: Catalyst Crew Technologies Corp. is filing an S-1/A registration statement to offer 40,000,000 shares of common stock at a par value of $0.001 per share, priced at $0.01 each. This IPO is being conducted on a 'best efforts/no minimum' basis, with no minimum offering amount required. The proceeds from this offering are substantial yet uncertain, with management maintaining control over approximately 99.56% of shares prior to the offering, which will decrease based on the sale of shares. The company intends to use the proceeds for operational purposes and has focused on developing ethical AI and facial recognition technology for various industry applications. While there are significant risks including competition and regulatory challenges, the company aims to establish itself in the market with a commitment to responsible innovation and operational accuracy.

Document Link: View Document

Additional details:

Approximate Date Of Commencement: As soon as practicable after this Registration Statement is declared effective


Offering Type: best efforts/no minimum


Fixed Price Per Share: 0.01


Total Shares Offered: 40,000,000


Management Ownership Before Offering: 99.56%


Management Ownership After Full Sale: 57.82%


Form Type: S-1

Filing Date: 2025-01-08

Corporate Action: Ipo

Type: New

Accession Number: 000147793225000119

Filing Summary: Catalyst Crew Technologies Corp. has filed Form S-1 with the SEC to register 40,000,000 shares of common stock at a fixed price of $0.01 per share. This offering is being conducted on a 'best efforts/no minimum' basis, meaning no minimum amount needs to be raised. The proceeds from this offering will be utilized for business operations related to developing Facial Recognition Technology and for covering offering expenses. As of now, management holds 99.56% of the company’s shares, which may decrease to 57.82% if all shares are sold. The primary focus of the company is to deliver innovative facial recognition solutions across various industries while committing to ethical practices and compliance with regulations. The document outlines the associated risks and the uncertainty in achieving business objectives, including competitive challenges and potential regulatory limitations concerning facial recognition technologies.

Document Link: View Document

Additional details:

Offering Size: 40,000,000 shares

Offering Price: $0.01 per share

Estimated Proceeds If All Sold: $400,000

Management Ownership After Offering: 57.82%

Type Of Business: Development of Facial Recognition Technology

Use Of Proceeds: Business operations and offering expenses


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