IPO - Magic Empire Global Ltd

Form Type: F-1

Filing Date: 2025-05-09

Corporate Action: Ipo

Type: New

Accession Number: 000164117225009448

Filing Summary: Magic Empire Global Limited filed a registration statement under the Securities Act of 1933 on May 9, 2025, to offer and sell up to 15,000,000 shares of Class A ordinary shares at an offering price yet to be determined. The company is structured as a holding entity registered in the British Virgin Islands (BVI) with operations conducted through subsidiaries in Hong Kong. The offering aims to secure capital for development while highlighting inherent risks, including market uncertainties and regulatory changes in both local and Mainland China contexts. The Class A shares are set to be listed on the Nasdaq under the symbol ‘MEGL,’ and the document stresses that the shares are offered without existing operational assets in Mainland China. Significant legal and market regulatory insights are included, emphasizing the need for permissions which are currently not necessary for the company. The volatile regulatory landscape in China poses potential risks to business operations and share value. The prospect also presents an overview of the structure of the offering, placement agents’ roles, and implications of deteriorating audit conditions due to legislative actions like the HFCAA.