IPO - KINGTITAN TECHNOLOGY Ltd

Form Type: F-1/A

Filing Date: 2025-06-13

Corporate Action: Ipo

Type: Update

Accession Number: 000121390025054207

Filing Summary: KINGTITAN TECHNOLOGY LIMITED has filed an amendment to its Form F-1 registration statement with the SEC on June 13, 2025, intending to conduct an initial public offering of Class A ordinary shares. The preliminary prospectus details the offering of 3,750,000 Class A ordinary shares, with the anticipated price range set between $4.00 and $6.00 per share. Prior to this prospectus, there has been no public market for its shares. The offering is underwritten by Cathay Securities, Inc. The company is an emerging growth company incorporated in the Cayman Islands and operates primarily in China through its subsidiaries. Risks highlighted include uncertainties regarding PRC regulations impacting operations and trading, potential government intervention, and challenges related to the PCAOB's oversight of auditing. KINGTITAN intends to reserve the symbol 'KTA' for listing on the Nasdaq, subject to approval. The document contains various legal considerations, including regulatory compliance and corporate governance aspects, with emphasis on the company's dependence on its PRC subsidiaries for operations and potential dividend distribution.