IPO - Rocky Mountains Group Ltd

Form Type: S-1/A

Filing Date: 2025-02-13

Corporate Action: Ipo

Type: New

Accession Number: 000149315225006273

Filing Summary: Rocky Mountains Group Ltd is registering 8,000,000 shares of common stock at a fixed price of $0.015 per share in a public offering. The offering is self-underwritten and aims to raise funds for operational expenses, as well as compliance and reporting costs. The company anticipates that the offering will commence as soon as the registration statement becomes effective. Currently, no public market exists for its common stock, and the company is positioning itself to potentially be quoted on the OTCQB market after the offering. The registration costs are estimated at about $27,000, and the CEO, Zonghan Wu, maintains 100% voting control over the company's stock. The prospectus highlights risks associated with the investment including market acceptance, ability to generate revenue, and the company’s status as a small and emerging growth company, exposing investors to high risks of loss. The offering is projected to terminate within 365 days unless extended.

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Form Type: S-1/A

Filing Date: 2025-01-17

Corporate Action: Ipo

Type: New

Accession Number: 000149315225002677

Filing Summary: Rocky Mountains Group Ltd, incorporated in Nevada, is conducting an initial public offering (IPO) to register 8,000,000 shares of common stock at a fixed price of $0.015 per share. The offering is being conducted on a self-underwritten, best efforts basis, with no minimum purchase requirement. The company intends to use the proceeds to fund operating expenses, including marketing and compliance costs. As of now, there is no public market for its shares, but the company aims to have its common stock quoted on the OTCQB, operated by OTC Markets Group. The CEO, Zonghan Wu, currently owns 100% voting power and will retain 71.43% after the offering, should all shares be sold. The offering may extend for 90 days after its initial 365 days. The company is classified as a smaller reporting and emerging growth company, meeting reduced public company reporting requirements. Investors are cautioned that the offering entails a high degree of risk, and there is a significant chance of total loss. The firm's business centers on providing financial literacy seminars in New Zealand, and various risk factors could impact its ability to attract clients, maintain operations, or protect intellectual property. Costs related to the offering are estimated at $27,000, and all proceeds are expected to be utilized for the company’s operational needs. The uncertainties surrounding the marketability of its shares further increase the speculative nature of this investment.

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