IPO - Ostin Technology Group Co., Ltd.

Form Type: 424B5

Filing Date: 2025-06-30

Corporate Action: Ipo

Type: New

Accession Number: 000121390025059624

Filing Summary: Ostin Technology Group Co., Ltd. is conducting an initial public offering (IPO) of 10,500,000 Class A Ordinary Shares, along with pre-funded warrants to purchase up to an additional 31,166,667 Class A Ordinary Shares. The offering is registered under SEC file number 333-279177 and is being facilitated by Univest Securities, LLC as the exclusive placement agent. The offering price for the Class A Ordinary Shares is set at $0.12 per share, while each pre-funded warrant is priced at $0.119. The last reported sale price of the Class A Ordinary Shares was $0.3497 on June 27, 2025. Investors must be cautious as there are notable risks involved, primarily due to operations conducted through subsidiaries in China, regulatory approvals, and potential uncertainties regarding overseas listings. Additionally, the company is classified as an 'emerging growth company' and indicates that it will be subject to reduced reporting requirements. The collection of proceeds before expenses from the offering amounts to approximately $4,621,015, after deducting agent fees. Details regarding the use of proceeds and associated risks can be found throughout the document. Given its structure as a holding company, the ability to pay dividends and service debt will depend heavily on the performance of its PRC subsidiaries, which may face restrictions based on local regulations. Further, Ostin’s securities could be at risk if its auditors are unable to be fully inspected by the PCAOB, aligning with the recent legislative changes and ongoing scrutiny of foreign companies listed in the US.

Form Type: 424B5

Filing Date: 2025-04-15

Corporate Action: Ipo

Type: New

Accession Number: 000121390025032063

Filing Summary: Ostin Technology Group Co., Ltd. is offering 9,090,908 Class A Ordinary Shares and associated purchase warrants for up to 90,909,080 Class A Ordinary Shares. Shares are priced at $0.55 each, with warrants having an exercise price of $0.80. Shares and warrants are being offered to several investors under a securities purchase agreement dated April 14, 2025. The offering will be delivered on or about April 15, 2025. The last trade price of Class A Ordinary Shares was $0.7993 on April 14, 2025. There are potential risks involved due to the regulatory environment in China and implications from U.S. regulations impacting foreign companies.