IPO - Premium Catering (Holdings) Ltd

Form Type: F-1/A

Filing Date: 2025-01-31

Corporate Action: Ipo

Type: Update

Accession Number: 000149315225004375

Filing Summary: This document represents the first amendment to the registration statement for Premium Catering (Holdings) Limited, filed with the SEC under the Securities Act of 1933. The Company aims to offer up to 10,000,000 ordinary shares at a pricing of $0.50 per share, potentially raising $5,000,000 before expenses. The offering does not require a minimum amount for closing, allowing for flexibility in share sales based on investor interest. Premium Catering's shares have recently traded on the Nasdaq Capital Market, indicating significant market engagement. The prospectus notes that the Company is categorized as an ‘Emerging Growth Company’ and adheres to reduced public reporting standards. It emphasizes several risks associated with the investment, including volatility in the share price and factors affecting the food catering industry in Singapore. There is a clear outline of use of proceeds from the offering and a declaration of the controlling shareholding by Hero Global Enterprises Limited. The document requires careful consideration of various risk factors before any investment is made, signaling transparency in potential investment challenges and operational risks.

Document Link: View Document

Form Type: F-1

Filing Date: 2025-01-21

Corporate Action: Ipo

Type: New

Accession Number: 000149315225002857

Filing Summary: Premium Catering (Holdings) Limited is initiating a best efforts self-underwritten offering of up to an unspecified number of its ordinary shares, each with a par value of US$0.0000005. The offering comes as part of its registration statement under the Securities Act of 1933 and is projected to take place after securing the effective date of this registration. As of the most recent listing on the Nasdaq Capital Market, the company’s shares have exhibited volatility, trading between a low and high price which has not remained constant. The company is classified as an emerging growth entity and a foreign private issuer, which allows it to benefit from reduced reporting requirements. The principal shareholder, Hero Global Enterprises Limited, owned by Mr. Yu, controls a significant portion of the voting power. Investors are cautioned of potential risks associated with this offering and should consider the outlined factors influencing market conditions and business strategies before investing. Their primary operations occur through subsidiaries in Singapore, where they engage in the food catering industry and various related services.

Document Link: View Document