IPO - TORON INC.

Form Type: S-1/A

Filing Date: 2025-06-12

Corporate Action: Ipo

Type: New

Accession Number: 000147793225004510

Filing Summary: All Things Mobile Analytic, Inc. is offering an initial public offering (IPO) of 30,000,000 shares of common stock at a price of $0.05 per share, with 12,400,000 shares being sold by existing shareholders. The proceeds from the offering will be utilized for general corporate purposes and working capital. The company has no minimum number of shares that need to be sold for the offering to be completed. If all shares are sold, the gross proceeds are expected to be $1,500,000. The company has disclosed that there are significant risks involved, including ongoing doubts regarding its ability to continue as a going concern given its limited revenues. The document emphasizes the company's transition from being a smaller reporting company to potentially larger reporting obligations depending on its market capitalization and revenue growth. The offering does not include any commissions to company officers or directors. Furthermore, the company’s performance in the financial tech sector aims to provide secure mobile payment solutions and enhanced consumer engagement through various integrated technology offerings. The registration statement is in accordance with the Securities Act of 1933, and the document is also a follow-up amendment indicating it had been previously filed with the SEC.

Form Type: S-1/A

Filing Date: 2025-01-27

Corporate Action: Ipo

Type: New

Accession Number: 000147793225000453

Filing Summary: All Things Mobile Analytic, Inc. is proposing an initial public offering of 30,000,000 shares of common stock at a price of $0.05 per share, with an expected gross proceeds of approximately $1,500,000 if all shares are sold. A total of 12,400,000 shares are being resold by selling shareholders, with the company not receiving proceeds from these sales. The offering is set for a twelve-month duration, with potential for a 90-day extension. The company aims to utilize the proceeds primarily for general corporate and working capital needs. Current projections indicate a steep financial risk with substantial doubt cast on the company’s ability to remain a going concern, urging potential investors to weigh the investment's inherent risk. The company is classified as a smaller reporting company, which allows it to take advantage of reduced disclosure obligations. Furthermore, ongoing operations are dependent on securing additional financing to support growth and operational costs as current capital is deemed insufficient for the upcoming operational year.