IPO - IT TECH PACKAGING, INC.

Form Type: 424B5

Filing Date: 2025-05-14

Corporate Action: Ipo

Type: New

Accession Number: 000121390025043011

Filing Summary: IT Tech Packaging, Inc. is conducting an initial public offering (IPO) of 6,899,500 shares of common stock at a price of $0.20 per share. The company has engaged Maxim Group LLC as its exclusive placement agent to assist in this offering. The closing price of the common stock was $0.44 on May 9, 2025, suggesting the offering price is significantly lower than market value. The total offering is expected to generate approximately $1,379,900 in gross proceeds, with placement agent fees of around $96,593 anticipated. The company noted that it may sell fewer than all of the shares and that the securities will be delivered on or about May 14, 2025, subject to customary closing conditions. Key details regarding regulatory compliance and risk factors are outlined, highlighting uncertainties in the approval process for foreign listings and potential impacts from evolving Chinese regulatory landscapes regarding cybersecurity and overseas listings.

Form Type: 424B5

Filing Date: 2025-05-12

Corporate Action: Ipo

Type: New

Accession Number: 000121390025042098

Filing Summary: IT Tech Packaging, Inc. has filed a preliminary prospectus supplement for an offering of common stock and pre-funded warrants. The offering includes up to a specified number of shares of common stock, priced at an unspecified amount per share. The pre-funded warrants allow investors to avoid exceeding a 4.99% ownership threshold unless they elect the higher limit of 9.99%. Each pre-funded warrant will be immediately exercisable at $0.001 per share. The offering does not have a minimum requirement and does not involve escrow arrangements for investor funds. The prospects of the offering are outlined, including the potential risks and lack of a trading market for the pre-funded warrants. The company’s shares are traded on NYSE American under the symbol 'ITP', with a market value of approximately $4.18 million as of May 9, 2025. There are references to previous registration statements and regulations governing the securities being offered.