IPO - Rubber Leaf Inc

Form Type: S-1/A

Filing Date: 2025-04-10

Corporate Action: Ipo

Type: New

Accession Number: 000164117225003531

Filing Summary: Rubber Leaf Inc is conducting a public offering of 3,000,000 shares of its common stock, valued at $0.001 per share. The common stock is currently quoted on the Pink Open Market under the symbol 'RLEA', with a closing price of $5.80 as of April 9, 2025. The estimated offering price is between $4.00 and $6.00 per share. The company aims to list its common stock on The Nasdaq Capital Market under the same symbol, although there is no guarantee of approval or sustained market. Xingxiu Hua, the CEO and Chairperson, controls about 88.21% of the voting power, meeting the definition of a 'controlled company'. The prospectus warns that investing involves high risk, stresses the need for compliance with PRC regulations, and highlights potential sanctions from the China Securities Regulatory Commission (CSRC) that could adversely affect the company’s operations and market value. The document discusses limitations on capital transfers from PRC-based operations and emphasizes that Rubber Leaf’s successes will be contingent on PRC regulatory approvals, particularly given the evolving legal landscape surrounding overseas listings.

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Form Type: S-1/A

Filing Date: 2025-02-13

Corporate Action: Ipo

Type: New

Accession Number: 000149315225006429

Filing Summary: Rubber Leaf Inc is filing an S-1/A as an amendment to its registration statement under the Securities Act of 1933 for a firm commitment public offering of 1,600,000 shares of common stock at a par value of $0.001 per share. The company is classified under the primary Standard Industrial Classification code 3714, with its headquarters in Ningbo, Zhejiang, China. The offering aims to commence as soon as practicable after the effective date of the registration statement. On February 12, 2025, the closing price of its common stock was $5.80 per share, indicating a limited public trading market currently exists for its shares. The document highlights the registrant's status as an emerging growth company and other essential details regarding the offering parameters and related parties involved in the process.

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