IPO - YSX Tech Co., Ltd

Form Type: CORRESP

Filing Date: 2024-12-16

Corporate Action: Ipo

Type: Update

Accession Number: 000110465924128719

Filing Summary: YSX Tech Co., Ltd has filed for the acceleration of its Registration Statement on Form F-1, requesting for effectiveness at 4:00 p.m. Eastern Time on December 17, 2024. This indicates the company's intent to proceed with its initial public offering (IPO). The accompanying letter from Kingswood Capital Partners outlines their commitment to secure adequate distribution of the preliminary prospectus to underwriters, ensuring compliance with relevant regulations. The letter is signed by Tony Tian, Senior Managing Director of Kingswood Capital Partners, demonstrating their role in the IPO process.

Form Type: DRSLTR

Filing Date: 2024-02-26

Corporate Action: Ipo

Type: Update

Accession Number: 000110465924027656

Filing Summary: YSX Tech Co., Ltd submitted Amendment No. 2 to its Draft Registration Statement on Form F-1 on February 26, 2024, in response to comments from the U.S. Securities and Exchange Commission dated January 16, 2024. The amendment includes revisions to risk disclosures regarding legal and operational risks associated with business operations in China, specifically concerning PRC regulations. The SEC expressed concerns about the adequacy of the revisions made since a prior amendment filed on November 17, 2023, and suggested that the company restore certain disclosures as they were previously presented. The company has agreed to restore these disclosures to improve clarity on the risks of potential government intervention and regulatory changes affecting their operations and the value of the securities being registered.