IPO - Lytus Technologies Holdings PTV. Ltd.

Form Type: CORRESP

Filing Date: 2025-03-12

Corporate Action: Ipo

Type: New

Accession Number: 000121390025023064

Filing Summary: Lytus Technologies Holdings PTV. Ltd. has submitted a request to accelerate the effective date of its Registration Statement on Form F-1, File No. 333-285389, to 12:30 pm Eastern Time on March 12, 2025. This request is made under Rule 461 of the Securities Act of 1933, allowing the registration to become effective as soon as practicable. The correspondence indicates that the company seeks prompt notification regarding the effective status of the registration from the law firm Manatt, Phelps & Phillips, LLP.

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Form Type: F-1/A

Filing Date: 2025-03-12

Corporate Action: Ipo

Type: Update

Accession Number: 000121390025022994

Filing Summary: Lytus Technologies Holdings PTV. Ltd. filed a Pre-Effective Amendment No. 2 to their Form F-3 on March 12, 2025, converting it into a registration statement under Form F-1 to resell up to 49,962,532 common shares, par value $0.01, following an agreement with YA II PN, LTD. The shares will be sold as part of a standby equity purchase agreement from February 3, 2025. The offering is significant as it reflects the company's intention to raise up to $100,000,000 in gross proceeds to support its business operations, including technology-enhanced streaming and telemedicine services in India. The registration is pivotal as it allows the selling shareholder to market the securities continuously and may indicate a broader move towards privatization. Furthermore, emerging growth company status is noted, which grants the company reduced public company reporting requirements, permitting a more streamlined approach to its disclosures. The filing contains details about recent compliance issues with Nasdaq's minimum bid price, highlighting challenges including the risk of delisting and increasing operational scrutiny. The hearing to address these compliance issues is scheduled for March 18, 2025.

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Form Type: CORRESP

Filing Date: 2025-03-07

Corporate Action: Ipo

Type: New

Accession Number: 000121390025021804

Filing Summary: Lytus Technologies Holdings PTV. Ltd. has requested an acceleration of the effective date for its Registration Statement on Form F-3, File No. 333-285389, to become effective at 4:30 pm Eastern Time on March 11, 2025. This request is made pursuant to Rule 461 of the Securities Act of 1933. The company has expressed gratitude for the cooperation and assistance regarding this matter.

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Form Type: CORRESP

Filing Date: 2024-12-18

Corporate Action: Ipo

Type: New

Accession Number: 000121390024109928

Filing Summary: Lytus Technologies Holdings PTV. Ltd. has filed a request with the U.S. Securities and Exchange Commission to accelerate the effective date of its Registration Statement on Form F-1, as amended, to 4:30 pm Eastern Time on December 19, 2024. This request is made in accordance with Rule 461 of the regulations under the Securities Act of 1933. The company seeks prompt notification regarding the declaration of the effective date. The request emphasizes the urgency for the timely approval of the Registration Statement in light of the planned IPO.

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