IPO - Raytech Holding Ltd

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.