IPO - Elite Performance Holding Corp

Form Type: S-1/A

Filing Date: 2025-05-12

Corporate Action: Ipo

Type: Update

Accession Number: 000147793225003557

Filing Summary: Elite Performance Holding Corp. is filing this S-1/A registration statement to associate with an initial public offering (IPO) of 1,625,000 shares of its common stock at an assumed public offering price of $4.00 per share. The company anticipates listing its common stock on Nasdaq under the symbol 'BYLT'. Prior to the offering, a 10-for-1 reverse stock split of the common stock will occur, affecting share and per share information significantly. The document details the ownership structure, particularly noting that CEO Joey Firestone holds substantial voting power through 10,000,000 Series A Preferred Stock, enabling control over key corporate decisions. Risk factors associated with this investment are discussed, highlighting the speculative nature of the offering and the importance of ongoing SEC compliance following previous revocation of the company's securities registration due to delinquency in reporting. The underwriters, D.Boral Capital, LLC and Craft Capital Management, LLC are engaged on a firm commitment basis, obligating them to purchase all shares offered if taken. Total proceeds before expenses from this offering are estimated at approximately $5,980,000, with additional underwriting compensation noted.

Form Type: S-1/A

Filing Date: 2025-02-12

Corporate Action: Ipo

Type: New

Accession Number: 000147793225000878

Filing Summary: Elite Performance Holding Corp. is filing an amendment to its Registration Statement on Form S-1 for an Initial Public Offering (IPO) of 1,625,000 shares of common stock at an assumed public offering price of $4.00 per share. This offering includes a 10-for-1 reverse stock split that will occur immediately before the closing of this offering. The company has applied for its shares to be listed on Nasdaq under the symbol 'BYLT.' The current CEO, Joey Firestone, has substantial voting power, owning 10,000,000 shares of Series A Preferred Stock, granting him control over corporate matters and significant influence over business decisions. The document highlights the speculative nature of investments in the company's stock and discusses underwriting fees, including a 3% compensation in warrants for the underwriters. Risk factors associated with the investment are outlined, emphasizing the company's plans and financial projections in the growing sports drinks market.

Form Type: S-1/A

Filing Date: 2025-01-10

Corporate Action: Ipo

Type: Update

Accession Number: 000147793225000145

Filing Summary: Elite Performance Holding Corp. filed Amendment No. 2 to its Form S-1 Registration Statement on January 10, 2025. The registration pertains to an initial public offering (IPO) where the company aims to sell 1,625,000 shares of common stock at an assumed public offering price of $4.00 per share. Additionally, the company is concurrently registering up to 1,160,000 shares by stockholders in a resale prospectus, comprised of 1,060,000 shares issuable upon the exercise of certain outstanding warrants. A 10-for-1 reverse split of common stock will be completed prior to the offering's closure, aimed at preparing the company for a Nasdaq listing under the symbol 'BYLT'. Joey Firestone, the CEO, possesses significant voting power due to his ownership of Series A Preferred Stock, influencing corporate matters substantially, including board composition and other shareholder approvals. The prospectus includes information on underwriting discounts, expected proceeds, risk factors, and a comprehensive overview of the company's financial status and operations, as well as legal matters regarding the offering.