IPO - Dragon Interact, Inc.

Form Type: S-1

Filing Date: 2025-06-16

Corporate Action: Ipo

Type: New

Accession Number: 000121390025054837

Filing Summary: RPM Interactive, Inc. has filed a Form S-1 registration statement with the SEC for its initial public offering (IPO) of common stock. The registration date is June 16, 2025. This document outlines the nature of the company's business as a generative AI publishing and software company, describing its flagship product, the 'Catch-Up' platform, which automates the creation of short-form video content. The company is also developing a mobile trivia game app named 'Live Trivia,' set to launch in late 2025. The prospectus identifies RPM Interactive as an emerging growth company and includes information on underwriting commissions and the anticipated initial public offering price of the shares. The company underwent a name change from 'SmarterVerse, Inc.' to 'RPM Interactive, Inc.' and has not yet generated revenue since its inception in June 2022, facing operational losses and a working capital deficit. The document indicates that the securities may not be sold until effective registration and emphasizes the risks associated with investments in the company.