IPO - TORON INC.

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.

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