IPO - TV Channels Network Inc.

Form Type: S-1/A

Filing Date: 2025-05-20

Corporate Action: Ipo

Type: New

Accession Number: 000113902025000139

Filing Summary: TV Channels Network Inc. has filed an S-1/A registration statement to facilitate its initial public offering (IPO) of common stock, offering 3,750,000 shares at an estimated price of $4.00 per share. The company aims to raise funds primarily for operations, software development, marketing, and general working capital. The company is in the development stage, has not yet generated any revenue, and has been identified as a controlled company under Nasdaq corporate governance rules, with 73.8% of shares owned by its majority stakeholder Darryl Payne. The filing emphasizes the significance of securing a listing on the Nasdaq Capital Market, as the completion of the offering is contingent upon this approval. The document notes inherent business risks, including a limited operating history and heavy dependence on management. There are concerns regarding the ability to continue as a going concern, as indicated by the auditors. The document also outlines projected use of proceeds from the offer, potential dilution for investors, and other necessary disclosures regarding risk factors associated with investment.

Form Type: S-1/A

Filing Date: 2025-05-07

Corporate Action: Ipo

Type: New

Accession Number: 000113902025000107

Filing Summary: TV Channels Network Inc. filed an amended registration statement (Form S-1/A) with the U.S. Securities and Exchange Commission on May 7, 2025, to offer 3,750,000 shares of its common stock at an estimated public offering price of $4.00 per share, marked as an initial public offering (IPO). The company, based in Nevada, is a development stage venture in the music and entertainment technology sector, specializing in streaming services to subscribers. Although it has not yet generated any revenue, the company aims to provide 100 Live Linear Concert Channels, Video on Demand, and various Live TV Channels. The prospectus highlights the company's uncertain ability to continue as a going concern, as raised by its auditors. The filing also notes that there is currently no public market for its shares, and the success of the offering is contingent upon listing on the Nasdaq Capital Market under the symbol 'TVCN.' Post-offering, Darryl Payne will own approximately 73.8% of the outstanding shares, classifying the company as a controlled entity under Nasdaq rules. It is emphasized that investors should consider the high risks associated with this investment, including limited operational history and significant competition within the internet-based entertainment market.

Form Type: S-1

Filing Date: 2025-05-02

Corporate Action: Ipo

Type: New

Accession Number: 000113902025000097

Filing Summary: TV Channels Network Inc., a Nevada-based music and entertainment technology company, filed a registration statement for an initial public offering (IPO) to sell 3,750,000 shares of common stock at an estimated price of $4.00 per share. The company is still in development stages, without any revenue generated so far, and auditors have raised concerns regarding its ability to continue as a going concern. The offering is set to allow the company to provide 100 Live Linear Concert Channels, Video on Demand, and various Live TV Channels as an AVOD/TVOD service. Post-offering ownership distribution will see approximately 8.4% of shares held by public investors and 73.8% by the main shareholder, Darryl Payne. The company plans to list on the Nasdaq Capital Market under the symbol 'TVCN,' but there is no guarantee of approval, which is a condition for the offering completion. There are significant risks associated with investing, as the company is entering a highly competitive market, primarily relying on internet-based streaming, with no existing market for its shares and potential obstacles related to regulatory requirements.

Form Type: CORRESP

Filing Date: 2025-04-08

Corporate Action: Ipo

Type: New

Accession Number: 000113902025000039

Filing Summary: TV Channels Network, Inc. submitted a request for acceleration of filing for its Amendment No. 1 to the Offering Statement on Form 1-A, seeking to have the registration statement become effective at 5:00 PM Eastern Standard Time on April 8, 2025. The company recognized that SEC's qualification does not absolve it of responsibility for the accuracy and adequacy of the disclosure within the filing and also mentioned that at least one state is prepared to qualify the Offering. Contact details for further inquiries were provided by Darryl Payne, the CEO of the company.

Form Type: S-1/A

Filing Date: 2025-04-08

Corporate Action: Ipo

Type: New

Accession Number: 000113902025000030

Filing Summary: TV Channels Network Inc., a Nevada-based music and entertainment technology company, has filed an S-1/A registration statement on April 7, 2025, for an initial public offering (IPO) of its common stock. The company aims to offer 1,250,000 shares, with an estimated public offering price between $4.00 to $6.00 per share. The total capital raised is intended for operations, software development, marketing, and general working capital. The company is currently in a development stage, has not generated any revenue, and its auditors have expressed doubt about its ability to continue as a going concern. Post-offering, it is expected that public investors will own approximately 3.2% of the company, while majority shareholder Darryl Payne will control around 84.6% of the company's stock. The company has also noted the risks associated with its emerging growth status and the competitive entertainment industry it operates within. It has applied to list its stock on the Nasdaq under the symbol 'TVCN.'

Form Type: S-1/A

Filing Date: 2025-04-08

Corporate Action: Ipo

Type: New

Accession Number: 000113902025000032

Filing Summary: TV Channels Network Inc. has filed an amendment to its registration statement, indicating an initial public offering (IPO) of 1,250,000 shares of its common stock at an assumed public offering price of $5.00 per share, with an estimated range between $4.00 and $6.00. The company outlines that it is in the development stage with no revenue generated so far and has significant doubts about its ability to continue as a going concern as per its auditors' comments. The intended usage of net proceeds from this offering includes operations, software development, marketing, and other general working capital needs. The company aims to list its shares on the Nasdaq Capital Market under the ticker symbol 'TVCN' but acknowledges that this is conditional and not guaranteed. Current shareholders' distributions and potential conflicts in control under Nasdaq governance rules are also highlighted, alongside the high-risk factors associated with investing in its common stock.

Form Type: S-1/A

Filing Date: 2025-04-08

Corporate Action: Ipo

Type: New

Accession Number: 000113902025000037

Filing Summary: TV Channels Network Inc. has filed an S-1/A registration statement with the SEC for an initial public offering (IPO) of 1,250,000 shares of common stock at an estimated offering price between $4.00 and $6.00 per share. The company aims to begin selling shares as soon as the registration becomes effective. The offering includes shares for resale by selling stockholders amounting to 2,550,550 shares. The company's primary business is providing streaming services and it is currently in the development stage with no revenue yet generated. Auditors have expressed doubts about its ability to continue as a going concern. After the offering, stock ownership will be significantly concentrated with the majority held by the company's founder, Darryl Payne. The IPO is contingent upon successful listing on the Nasdaq Capital Market under the ticker symbol 'TVCN'. The offering's proceeds will fund various operational expenses, including software development and marketing efforts. Risks associated with this investment include competitive market conditions and management’s reliance on key personnel. The company's future profitability is uncertain as it must navigate the challenges of establishing a successful streaming service and may need further capital in the future.

Form Type: S-1/A

Filing Date: 2025-04-04

Corporate Action: Ipo

Type: New

Accession Number: 000113902025000025

Filing Summary: TV Channels Network Inc. is conducting an initial public offering (IPO) of common stock, registering 1,250,000 shares at an estimated price of $5.00 per share. The offering involves two prospectuses: a Public Offering Prospectus and a Resale Prospectus, which differ in content specifics such as the Selling Stockholders section and the Underwriting section. The company aims to generate revenue through streaming services, targeting various live concert channels and entertainment content broadcasting. As a development stage company, it currently has no revenue and operates under substantial financial uncertainty, including auditor concerns regarding its ability to continue as a going concern. The company seeks to list on the Nasdaq under the symbol 'TVCN', but there is no assurance of approval. Post-offering, ownership of shares will be largely concentrated, with 84.6% expected to be controlled by Darryl Payne, making the company a 'controlled company' per Nasdaq rules. The capital raised will primarily fund operations, software development, and general working capital needs. Risks associated with this investment include the lack of a public market for the stock and potential insolvency issues.

Form Type: S-1/A

Filing Date: 2025-03-31

Corporate Action: Ipo

Type: New

Accession Number: 000113902025000011

Filing Summary: TV Channels Network Inc. is filing its S-1/A registration statement to conduct an initial public offering (IPO) of 1,250,000 shares of common stock, estimated to price between $4.00 and $6.00 per share. The offering represents a significant step for the company, which is a Nevada-based music and entertainment technology firm aiming to provide streaming services. There are currently no revenues, and the company's auditors have raised concerns regarding its ability to continue as a going concern. TVCN plans to offer 100 Live Linear Concert Channels, Video on Demand, and various AVOD/TVOD services aiming to establish itself as a major content provider. The company seeks to list shares on the Nasdaq Capital Market under the symbol 'TVCN', though approval for listing must be secured for the offering to proceed. This filing also outlines specific risks associated with the investment, noting that the offering price may not reflect intrinsic value and that the company could face difficulties in establishing a trading market. The use of proceeds is planned for operational costs, software development, marketing, and general working capital. This offering is contingent upon successful listing on Nasdaq and indicates that approximately 84.6% of shares would be owned by company founder Darryl Payne post-offering, establishing the company as a controlled entity under Nasdaq rules.

Form Type: S-1

Filing Date: 2025-01-31

Corporate Action: Ipo

Type: New

Accession Number: 000139390525000040

Filing Summary: TV Channels Network Inc. is an emerging growth company based in Nevada, primarily focused on providing streaming services. This document details its initial public offering involving 1,250,000 shares of common stock at an estimated price of $5.00 per share. It is submitting a registration statement for listing on NASDAQ under the symbol 'TVCN' with the offering contingent upon successful listing approval. The proceeds from this offering are allocated towards operational expenses, software development, marketing, and general working capital. The offering has associated risks due to limited operating history, potential inability to attract customers, and dependency on the Internet for services. Investors should be cautious as the actual market for these common stocks is currently non-existent, and significant risks are outlined in the document.