IPO - DIH HOLDING US, INC.

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Form Type: 8-K

Filing Date: 2025-02-05

Corporate Action: Ipo

Type: New

Accession Number: 000149315225004925

Filing Summary: On January 31, 2025, DIH Holding US, Inc. announced a best-efforts public offering consisting of 5,937,100 common units, each composed of one share of Class A common stock and one Class A warrant. The offering was priced at $0.7832 per unit, with the Class A Warrants immediately exercisable and expiring on February 3, 2030. A Securities Purchase Agreement was established with certain institutional investors, and a Placement Agency Agreement was signed with Maxim Group LLC to facilitate the offering. The offering closed on February 3, 2025, netting approximately $3.9 million after payment of fees. The net proceeds are intended for capital expenditures and general corporate purposes. Additionally, a warrant agency agreement was created with Continental Stock Transfer & Trust Company for the Class A Warrants. This transaction represents a significant fundraising effort for the Company.

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Additional details:

Date Of Report: 2025-01-31


Offering Type: public offering


Number Of Units: 5,937,100


Common Stock Price Per Unit: 0.7832


Warrant Exercise Price: 0.7832


Warrant Expiration Date: 2030-02-03


Placement Agent: Maxim Group LLC


Cash Fee Percentage: 7.0%


Net Proceeds: 3.9 million


Intended Use Of Proceeds: capital expenditures, working capital, general corporate purposes


Warrant Agent: Continental Stock Transfer & Trust Company


Registration Statement: Form S-1


Registration Statement Effective Date: 2025-01-31


Form Type: 424B4

Filing Date: 2025-02-03

Corporate Action: Ipo

Type: New

Accession Number: 000149315225004604

Filing Summary: DIH HOLDING US, INC. is offering 5,937,100 units, each consisting of one share of Class A Common Stock and one Class A Warrant to purchase one share of Class A Common Stock. The offering price is set at $0.7832 per unit, aiming for gross proceeds of approximately $4.6 million. The Class A Warrants are immediately exercisable at the offering price and will expire on the fifth anniversary of their issuance. The Common Stock is listed on Nasdaq under the symbol 'DHAI'. The securities will be issued in a single closing following the commencement of sales and financial arrangements are in place to facilitate this transaction without the need for a trust or escrow account.

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Additional details:

Units Offered: 5937100


Price Per Unit: 0.7832


Gross Proceeds: 4600000


Placement Agent: Maxim Group LLC


Warrant Expiration Period: 5 years


Warrant Exercise Price: 0.7832


Common Stock Symbol: DHAI


Form Type: 8-K

Filing Date: 2025-02-03

Corporate Action: Ipo

Type: New

Accession Number: 000149315225004696

Filing Summary: On February 3, 2025, DIH HOLDING US, INC. announced the pricing and closing of a best-efforts public offering, where a total of 5,937,100 common units were offered. Each unit consists of one share of common stock and one Class A warrant, enabling the purchase of one share of common stock at a price of $0.7832 per unit. The offering reflects the company's strategy to raise capital through the issuance of securities, and the filings include forward-looking statements detailing potential risks and uncertainties associated with the company's business operations.

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Additional details:

Class A Warrant Purchase Price: 0.7832


Common Units Offered: 5937100


Exhibits: ["99.1","99.2"]


Form Type: CORRESP

Filing Date: 2025-01-10

Corporate Action: Ipo

Type: New

Accession Number: 000149315225001634

Filing Summary: DIH Holding US, Inc. has filed a correspondence with the U.S. Securities and Exchange Commission to request the acceleration of effectiveness of its Registration Statement on Form S-1, File No. 333-283853. The company is seeking for the registration statement to become effective at 5:00 p.m. ET on January 13, 2025, or as soon as practicable thereafter. This indicates that the company is moving forward with its initial public offering process.

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Additional details:

Registration Statement File No: 333-283853


Acceleration Request Time: 2025-01-13T17:00:00-05:00


Ceo Name: Jason Chen


Ceo Title: Chief Executive Officer


Form Type: S-1/A

Filing Date: 2025-01-08

Corporate Action: Ipo

Type: Update

Accession Number: 000149315225001419

Filing Summary: DIH HOLDING US, INC. filed Amendment No. 1 to its Form S-1 registration statement under the Securities Act of 1933. This amendment provides additional details relevant to the securities being registered for resale and any changes that have occurred since the initial filing. The exact name of the registrant, its jurisdiction of incorporation, and its IRS Employer Identification Number are specified. The document includes addresses of the company's principal executive offices and its agent for service. Moreover, it indicates that the proposed sale to the public will commence as soon as the registration becomes effective with the SEC. The registrant confirms that it is filing under Rule 415 for a delayed or continuous offering of securities, allowing flexibility in sale timing. Contact information for legal counsel handling the registration is also provided.

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Additional details:

Business Contact Member: Jason Chen


Address: 77 Accord Park Drive; Suite D-1 Norwell, MA


Telephone: (617) 871-2101


Law Firm Name: Loeb & Loeb LLP


Law Firm Address: 345 Park Avenue New York, NY 10154


Law Firm Telephone: (212) 407-4000


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