IPO - Rise Smart Group Holdings Ltd

Form Type: F-1/A

Filing Date: 2025-03-07

Corporate Action: Ipo

Type: New

Accession Number: 000121390025021592

Filing Summary: Rise Smart Group Holdings Limited is conducting an initial public offering (IPO) of 1,800,000 ordinary shares at an expected price of $4 per share. The company is incorporated in the Cayman Islands and operates primarily through its subsidiary in Hong Kong. The offering is contingent upon the approval for listing on the Nasdaq Capital Market under the symbol 'RSHL'. There is a significant warning to investors that they are purchasing shares in a shell company rather than directly in the operational company in Hong Kong, presenting unique risks. The document discusses regulatory compliance and potential impacts of Chinese regulations on the company's operations and offering. It notes that the company does not currently require CSRC approval, as it operates solely through its Hong Kong subsidiary, which does not engage in mainland China operations. Recent regulatory actions by the PRC government regarding overseas listings may affect future operations and the value of shares. Investors should be aware of risks associated with their investment in a foreign private issuer, and factors affecting the company's ability to list and operate effectively are elaborated upon in the Risk Factors section.

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