IPO - Dror Ortho-Design, Inc.

Form Type: S-1

Filing Date: 2025-05-28

Corporate Action: Ipo

Type: New

Accession Number: 000121390025048332

Filing Summary: Dror Ortho-Design, Inc. has filed a registration statement with the SEC for an initial public offering (IPO) to sell common stock and prefunded warrants. This offering aims to raise capital for its unique orthodontic platform utilizing AI technology intended to correct smiles in a less intrusive way compared to existing aligner solutions. The company is in the development stage and has not commenced generating revenue. It anticipates significant losses as it develops its platform. The company plans to increase its market presence by targeting a growing clear aligners market expected to reach $46.3 billion by 2030. The filing notes an intent to list shares on the NYSE American following the offering, pending approval. A reverse stock split is also planned to enhance share price.