IPO - Mint Inc Ltd

Form Type: 424B4

Filing Date: 2025-01-10

Corporate Action: Ipo

Type: New

Accession Number: 000121390025002315

Filing Summary: Mint Incorporation Limited is conducting its initial public offering (IPO) by offering 1,750,000 Class A Ordinary Shares at a price of $4.00 per share, representing 11.1% of the total Class A shares post-offering. The shares will be listed on the Nasdaq under the ticker 'MIMI'. The company has a dual-class share structure: Class A shares have one vote each, while Class B shares have twenty votes. The two largest shareholders will control 65.1% of the voting power after the IPO, but Mint will not be classified as a 'controlled company' under Nasdaq rules. There are significant risks associated with the IPO, including regulatory risks associated with operations in Hong Kong and potential scrutiny from the PRC government regarding overseas listings. The company's operations in Hong Kong are also subject to risks related to cybersecurity laws and data privacy regulations. Despite these challenges, Mint clarifies that no regulatory approval is required from PRC authorities for this offering or its operations at this time, as they are structured as a BVI holding company with operations conducted through its Hong Kong subsidiary.

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Form Type: CORRESP

Filing Date: 2024-12-20

Corporate Action: Ipo

Type: New

Accession Number: 000121390024111048

Filing Summary: Mint Incorporation Limited submitted a request for acceleration of the effectiveness of their Registration Statement on Form F-1, amending File No. 333-281922. The company aims for the registration statement to become effective at 5:00 p.m., Eastern Time, on December 20, 2024. The request reaffirms the company's awareness of its responsibilities under the Securities Act concerning an upcoming public offering of securities. This action indicates movement towards an initial public offering (IPO).

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Form Type: CORRESP

Filing Date: 2024-12-20

Corporate Action: Ipo

Type: New

Accession Number: 000121390024111050

Filing Summary: Mint Incorporation Limited is requesting that the effectiveness of its registration statement on Form F-1 (File No. 333-281922) be accelerated to allow it to become effective at 5:00 p.m., Eastern Time, on December 20, 2024. This request is submitted in accordance with Rule 461 of the General Rules and Regulations under the Securities Act of 1933. The underwriters intend to distribute copies of the preliminary prospectus dated November 18, 2024, to various entities to ensure adequate distribution and confirm compliance with Rule 15c2-8 under the Securities Exchange Act of 1934.

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Form Type: DRSLTR

Filing Date: 2024-07-22

Corporate Action: Ipo

Type: Update

Accession Number: 000101376224000359

Filing Summary: This document is an amendment submitted by Mint Incorporation Limited in response to comments from the U.S. Securities and Exchange Commission regarding their Draft Registration Statement on Form F-1. The document outlines the revisions made to the Draft Registration Statement following the SEC's comments dated July 16, 2024. The company affirms that it has updated the disclosure concerning any restrictions by the PRC government on the transfer of cash or assets by the company or its subsidiaries. Additionally, the company has indicated that the Selling Shareholder has agreed not to sell their Class A Ordinary Shares through the Resale Prospectus, leading to the removal of references to the Selling Shareholder from the Form F-1. The letter is marked as Amendment No. 2 to the previously submitted Draft Registration Statement.

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