IPO - Raytech Holding Ltd

Form Type: 424B4

Filing Date: 2025-07-01

Corporate Action: Ipo

Type: New

Accession Number: 000121390025060056

Filing Summary: Raytech Holding Limited is offering 25,985,000 ordinary shares at a price of $0.20 per share on a best efforts basis, with listing on The Nasdaq Capital Market under the symbol 'RAY'. The last reported sale price was $1.17 per share as of June 30, 2025. Upon completion, the total shares outstanding will be 43,598,083. The company's CEO, Mr. Ching Tim Hoi, owns 29.4% of voting power, and Raytech will not be deemed a controlled company post-offering. As a holding company incorporated in the British Virgin Islands, Raytech conducts operations through its subsidiary, Pure Beauty Manufacturing Company Limited, with all revenue generated from Hong Kong. Raytech has also established another subsidiary, Raytech Innovation Limited, which presently has no operations. The prospectus outlines potential risks, including regulatory actions affecting the company's ability to offer securities. Compliance with Nasdaq corporate governance standards will continue post-offering. There are significant uncertainties due to recent regulatory actions by the PRC government that may hinder operations and securities offerings. The prospectus includes caution about the impact of the Holding Foreign Companies Accountable Act on trading activities and the auditor's inspection requirements.

Form Type: F-1/A

Filing Date: 2025-06-25

Corporate Action: Ipo

Type: Update

Accession Number: 000121390025057423

Filing Summary: Raytech Holding Limited is amending its F-1 registration statement to offer 30,000,000 ordinary shares at a price of $0.2 per share, totaling a public offering amount of $6,000,000. The shares are listed on The Nasdaq Capital Market under the symbol 'RAY'. This offering aims to raise capital for the company's operations through its subsidiaries, primarily Pure Beauty Manufacturing Company Limited. As of June 23, 2025, the last reported sale price of the company's ordinary shares was $1.18. Post-offering, the total number of ordinary shares outstanding will be 47,613,083, with Ching Tim Hoi owning 26.9% of the voting power. The filing indicates that Raytech will no longer qualify as a 'controlled company' under Nasdaq rules post-offering. Risk factors include political and regulatory uncertainties in Hong Kong and mainland China, which may impact operations and the potential value of their shares. Further, Raytech's auditor, located in the U.S., must comply with PCAOB inspections to avoid delisting under the HFCA Act. The offering statement allows for amendments as necessary to delay effective dates or to comply with regulation, indicating that this is a lengthy compliance process with potential uncertainties. Neither the SEC nor any state securities commission has approved or disapproved these securities.

Form Type: F-1/A

Filing Date: 2025-06-11

Corporate Action: Ipo

Type: New

Accession Number: 000121390025053434

Filing Summary: Raytech Holding Limited is registering the offering of 30,000,000 ordinary shares at a best efforts basis. The shares are listed on The Nasdaq Capital Market under the symbol 'RAY'. The last reported sale price for the shares was $1.23 as of June 10, 2025. The company operates primarily through its wholly owned subsidiary, Pure Beauty Manufacturing Company Limited, located in Hong Kong. Following this offering, Raytech Holding will not be considered a controlled company as defined by Nasdaq rules. The company will adhere to all corporate governance requirements. There are several risks associated with the offering, including regulatory uncertainties regarding operations in Hong Kong and potential impacts of U.S. laws affecting foreign companies. The company is also categorized as an emerging growth company, subject to reduced reporting requirements. The ordinary shares may face trading prohibitions under the Holding Foreign Companies Accountable Act if the PCAOB cannot inspect Raytech's auditors for three consecutive years. There are provisions outlining potential future dividends, corporate governance, and operational uncertainties under the changing regulatory space.

Form Type: F-1

Filing Date: 2025-06-06

Corporate Action: Ipo

Type: New

Accession Number: 000121390025052091

Filing Summary: Raytech Holding Limited, a British Virgin Islands company, is initiating an initial public offering (IPO) of 30,000,000 ordinary shares at a price to be determined. The shares will be listed on The Nasdaq Capital Market under the symbol 'RAY'. As of June 5, 2025, the last reported sale price was $1.16 per share. Post-offering, Raytech will have approximately 47,613,083 ordinary shares outstanding, with CEO Ching Tim Hoi holding 26.9% of the voting power. The company is categorized as an 'emerging growth company' and is subject to lightened reporting requirements. The document outlines operational details, including reliance on its subsidiary Pure Beauty Manufacturing Company Limited for business operations, and stresses the potential risks associated with regulatory uncertainty in China and Hong Kong. Future dividends are contingent on company earnings and will be evaluated by the board of directors. The offering is being made on a best-efforts basis, highlighting possible changes in corporate governance due to changes in control status following the IPO, and noting the absence of dividends in the foreseeable future. The company stresses significant risks related to government interventions and regulatory actions.

Form Type: DRS

Filing Date: 2025-05-08

Corporate Action: Ipo

Type: New

Accession Number: 000121390025040782

Filing Summary: Raytech Holding Limited is offering ordinary shares as part of its initial public offering (IPO) on a firm commitment basis. The registration statement has been submitted confidentially to the SEC and will become effective promptly after the filing. The offering is for a number of shares to be determined, and the last reported price before the offering was $0.99 per share. The document outlines risks associated with investing in the company, particularly those arising from regulatory uncertainties in mainland China impacting operations. It indicates that Raytech Holding is classified as an emerging growth company, subject to reduced reporting obligations. The shares will trade under the symbol 'RAY' on The Nasdaq Capital Market. The offering does not yet have a public offering price listed, and all terms are preliminary and subject to change. Shareholders will be entitled to one vote per share and future operations may affect share value significantly.