IPO - RanMarine Technology B.V.

Form Type: F-1/A

Filing Date: 2025-03-28

Corporate Action: Ipo

Type: New

Accession Number: 000164117225001302

Filing Summary: RanMarine Technology B.V. is filing an amendment to their registration statement to facilitate an initial public offering (IPO) of 1,850,000 American Depositary Shares (ADSs), with each ADS representing one ordinary share of the company. The assumed initial offering price is $4.00 per ADS. This offering aims to list the ADSs on Nasdaq under the symbol "RAN." The document elaborates on the company's focus on developing environmentally friendly autonomous surface vessels (ASVs) designed to clean water bodies, while also providing real-time water quality monitoring. The submission includes both an IPO Prospectus and a Resale Prospectus, the latter allowing existing shareholders to sell shares. The document emphasizes the innovative, data-driven approach RanMarine employs in targeting water pollution, including plastic waste and harmful algal blooms, detailing the economic impact and providing risk factors associated with investment in their securities. Additionally, it discusses the potential listing implications and the anticipated timeline for the offering. RanMarine positions itself as an emerging growth company, electing to follow reduced reporting requirements and indicating a commitment to sustainability and eco-friendliness in their operations.

Form Type: F-1/A

Filing Date: 2025-03-19

Corporate Action: Ipo

Type: New

Accession Number: 000164117225000035

Filing Summary: RanMarine Technology B.V. is filing an amendment to its Form F-1 Registration Statement for an initial public offering (IPO) of up to 1,850,000 American Depositary Shares (ADSs), with each ADS representing one ordinary share. The estimated price range for the IPO is $4.00 to $5.00 per ADS. The company has applied to list its ADSs on the Nasdaq under the symbol 'RAN' and will not complete the offering until the ADSs are approved for listing. This also marks the first public offering of its ordinary shares, which have not been publicly traded prior to this. The company focuses on developing environmentally friendly autonomous surface vessels (ASVs) designed to combat water pollution, specifically targeting plastic waste, algae biomass, and oil spills. RanMarine operates in a growing market with an economic impact of over $20 billion annually. The document outlines the risks, expected use of proceeds, and the company's operations, which integrate data collection and real-time monitoring of water quality via its ASVs. Risk factors are highlighted, including the speculation surrounding the initial offering and potential market performance. Additionally, forward-looking statements concerning future operations and market expectations are provided, advising investors to consider these uncertainties before investing.

Form Type: F-1

Filing Date: 2025-02-14

Corporate Action: Ipo

Type: New

Accession Number: 000149315225006689

Filing Summary: RanMarine Technology B.V. is registering for an initial public offering (IPO) of up to 1,850,000 American Depositary Shares (ADSs), each representing one ordinary share. The offering aims to raise funds for further development of environmentally friendly autonomous surface vessels (ASVs) designed to clean waterways and monitor water quality. The company is positioned as a leader in the aquatic drone market, addressing pollution from plastic waste, algae, and oil spills, and has a significant focus on sustainability and the new economic opportunities presented by waterway management. This IPO follows the anticipated listing of ADSs on the Nasdaq under the symbol 'RAN'. The initial offering price is estimated between $4.00 to $5.00 per ADS. The document highlights the economic impact of water pollution and outlines the innovative technologies used in their ASVs, emphasizing data collection and environmental monitoring capabilities. Further information includes planned uses of proceeds, risk factors related to the investment, and the company's strategy within a growing industry poised for significant growth.