IPO - E-Home Household Service Holdings Ltd

Form Type: 424B5

Filing Date: 2025-03-24

Corporate Action: Ipo

Type: New

Accession Number: 000101376225001635

Filing Summary: E-Home Household Service Holdings Limited is offering an aggregate of 100,000,000 Ordinary Shares at a price of $0.30 per share, projected to raise a total of $30,000,000. This offer is outlined in a Securities Purchase Agreement entered on March 20, 2025, with investors who are purchasing the shares as outlined in this prospectus supplement. As of the date of the supplement, the aggregate market value of the company's outstanding shares held by non-affiliates is approximately $86.97 million. The company, described as an 'emerging growth company,' anticipates utilizing the net proceeds from the offering for general working capital and growth capital needs, while ensuring compliance with U.S. and Chinese regulations including the New Overseas Listing Rules. There are significant risks highlighted, particularly regarding the company's Chinese operations and the regulatory environment affecting foreign investments. Despite a decrease in financial performance recently, the company has made significant transitions in its service offerings and has shown a steady increase in registered members for its services. The prospectus supplement further explains the company’s corporate structure, emphasizing that investors are purchasing equity in a holding company based in the Cayman Islands rather than directly in the operational subsidiaries in China.

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