IPO - Viewbix Inc.

Form Type: S-1/A

Filing Date: 2025-03-24

Corporate Action: Ipo

Type: Update

Accession Number: 000164117225000384

Filing Summary: Viewbix Inc. is filing an amendment to its registration statement under the Securities Act of 1933 as it prepares for an initial public offering (IPO). This amendment outlines the registration of 6,256,323 shares of common stock to be offered by selling stockholders, including shares from recent private placements and warrants issued. The company aims to list its common stock on the Nasdaq Capital Market, adopting the ticker symbol 'VBIX'. Recent financial activities include entering into a $1 million credit facility in June 2024 and another facility for $2.5 million in July 2024 to support operational expansion and fundraising efforts. The document discusses the company's business focus on digital advertising platforms, detailing operations in video advertising, ad search, and digital content marketing, despite past operational downsizing due to unmet sales targets. The expected commencement of public sales will begin following the declaration of effectiveness by the SEC. Key risk factors and financial summaries are also included in this filing, alongside information on selling stockholders and the intended use of proceeds.

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