0001945565
Company
BGIN BLOCKCHAIN Ltd
Finance Services · BGIN
ipo
trading
priced
Nasdaq
424B4
Filing Timeline
SEC EDGAR
424B4
priced
Final prospectus
Final prospectus filed after pricing with final deal terms.
Follows CERT and confirms the priced prospectus.
2025-10-22 · 0001213900-25-101062
8-A12B
effective
Exchange Act registration
Registration filed to list the securities under the Exchange Act ahead of trading.
Follows EFFECT and registers the class of securities for exchange listing.
2025-10-20 · 0001213900-25-100258
CERT
inactive
CERT
Pre-IPO filing captured from the SEC submission timeline.
Follows 8-A12B in the pre-IPO sequence.
2025-10-20 · 0001354457-25-001038
EFFECT
effective
SEC effectiveness notice
SEC declared the registration statement effective, allowing the offering to proceed.
Follows F-1/A and marks the registration effective.
2025-09-30 · 9999999995-25-003167
F-1/A
amended
Amended foreign registration statement
Updated foreign registration statement filed after SEC comments or deal changes.
Updates the prior FWP filing.
Flags cayman_holding_company, foreign_private_issuer
2025-09-26 · 0001213900-25-092461
FWP
supplemental
Free writing prospectus
Prospectus supplement or marketing filing that often updates active offering terms.
Follows F-1/A and supplements the active offering with updated prospectus details.
Range $5.00 to $7.00 · 6,000,000 shares · Gross proceeds $30,000,000
Class A Ordinary Shares · Exchange Nasdaq · Ticker BGIN · Over-allotment 135,000 · Use of proceeds 60% for mining farms, 32% for R&D, 8% for general corporate purposes · Underwriters D. Boral Capital LLC
2025-09-18 · 0001213900-25-088710
F-1/A
amended
Amended foreign registration statement
Updated foreign registration statement filed after SEC comments or deal changes.
Updates the prior F-1/A filing.
Range $5.00 to $7.00 · 6,000,000 shares · Gross proceeds $41,400,000
Class A · Exchange Nasdaq Stock Market · Ticker BGIN · Over-allotment 900,000 · Use of proceeds general corporate purposes · Flags cayman_holding_company
2025-09-12 · 0001213900-25-087010
F-1/A
amended
Amended foreign registration statement
Updated foreign registration statement filed after SEC comments or deal changes.
Updates the prior F-1/A filing.
2025-08-01 · 0001213900-25-070253
F-1/A
amended
Amended foreign registration statement
Updated foreign registration statement filed after SEC comments or deal changes.
Updates the prior FWP filing.
Class A · Flags cayman_holding_company, foreign_private_issuer
BGIN Blockchain Ltd filed an F-1/A registration statement to amend its initial public offering (IPO) details. The filing includes updated exhibits, revised cover pages, and Part II amendments. The company, incorporated in the Cayman Islands, focuses on cryptocurrency mining machines, particularly for Kaspa (KAS) and expanding into Bitcoin. It highlights recent financial performance, including $257 million revenue in 2023 and $144 million in 2024, with plans to enter the Bitcoin market. The filing emphasizes its R&D roadmap, power expansion, and strategic partnerships.
2025-03-25 · 0001013762-25-001813
F-1/A
amended
Amended foreign registration statement
Updated foreign registration statement filed after SEC comments or deal changes.
Updates the prior F-1/A filing.
Range $7.00 to $9.00 · 6,250,000 shares · Gross proceeds $57,500,000
Class A · Exchange Nasdaq · Ticker BGIN · Over-allotment 937,500 · Use of proceeds working capital, debt repayment, and other general corporate purposes · Flags cayman_holding_company
BGIN BLOCKCHAIN Ltd. is conducting an initial public offering (IPO) of 6,250,000 Class A ordinary shares, with an expected price range of $7.00 to $9.00 per share. The company, structured as a Cayman Islands holding company, operates through subsidiaries in Singapore, Hong Kong, and the U.S. The offering is underwritten by Chardan and The Benchmark Company, with a firm commitment structure. The filing highlights risks related to regulatory environments in Hong Kong and Mainland China, corporate governance as a 'controlled company,' and the company's status as an emerging growth company with reduced reporting requirements.
2025-03-20 · 0001213900-25-025276
FWP
supplemental
Free writing prospectus
Prospectus supplement or marketing filing that often updates active offering terms.
Follows F-1/A and supplements the active offering with updated prospectus details.
Price $8.00 · Range $7.00 to $9.00 · 6,250,000 shares · Gross proceeds $56,250,000
Class A · Exchange Nasdaq · Ticker BGIN · Over-allotment 937,500 · Use of proceeds Purchase and/or construction of mining farms, developing proprietary chips and general corporate purposes · Underwriters Chardan, The Benchmark Company
BGIN BLOCKCHAIN Ltd. is offering 6,250,000 Class A ordinary shares in its IPO, targeting a price range of $7.00 to $9.00 per share. The company specializes in designing and selling ASIC mining machines for cryptocurrencies like Kaspa (KAS), expanding into Bitcoin and other altcoins. Recent financial highlights include $257M revenue in 2023 and $144M in 1H 2024, with plans to enter Bitcoin mining and expand U.S. mining capacity to 500MW. The offering is underwritten by Chardan Capital Markets, with proceeds allocated for mining farm development, chip R&D, and general corporate purposes.
2025-03-20 · 0001213900-25-025433
F-1/A
amended
Amended foreign registration statement
Updated foreign registration statement filed after SEC comments or deal changes.
Updates the prior F-1 filing.
Class A Ordinary Shares · Exchange Nasdaq · Ticker BGIN · Flags cayman_holding_company
BGIN BLOCKCHAIN Ltd. is conducting an initial public offering (IPO) of Class A ordinary shares, aiming to list on Nasdaq under the symbol 'BGIN'. The company, structured as a Cayman Islands holding company, operates through subsidiaries in Singapore, Hong Kong, and the U.S. The offering involves risks related to regulatory uncertainties in Hong Kong and Mainland China, including potential government interventions and changes in legal frameworks. The IPO is on a firm commitment basis, with underwriters granted an option to purchase additional shares. The company is classified as an emerging growth company, subject to reduced reporting requirements.
2025-03-11 · 0001213900-25-022376
F-1
filed
Initial foreign registration statement
Initial public filing for a foreign issuer submitted to start the SEC review process.
Follows DRS/A in the pre-IPO sequence.
Class A · Exchange Nasdaq · Ticker BGIN · Over-allotment 0 · Use of proceeds General corporate purposes · Flags cayman_holding_company
BGIN BLOCKCHAIN Ltd. is conducting an initial public offering (IPO) of Class A ordinary shares, transitioning from a DRS/A filing to an F-1 registration. The company, structured as a Cayman Islands holding company, operates through subsidiaries in Singapore, Hong Kong, and the U.S. The IPO aims to list on Nasdaq under the symbol 'BGIN,' with an expected price range of $ to $ per share. The filing highlights risks related to Hong Kong/PRC regulatory environments, controlled company status under Nasdaq rules, and the company's reliance on subsidiaries for operations.
2025-02-21 · 0001213900-25-015852
DRS/A
amended
Amended draft registration statement
Updated draft registration filed before the public launch.
Updates the prior DRS/A filing.
Bgin Blockchain Ltd. is conducting an initial public offering (IPO) of Class A ordinary shares, targeting a price range of $ to $ per share. The company, structured as a Cayman Islands exempted company, operates through subsidiaries in Hong Kong, the U.S., and Singapore. The offering is subject to Nasdaq listing approval, and the company is classified as an emerging growth company. The filing highlights risks related to PRC and Hong Kong regulations, including potential government intervention and uncertainties in legal frameworks.
2025-01-24 · 0001213900-25-006607
DRS/A
amended
Amended draft registration statement
Updated draft registration filed before the public launch.
Updates the prior DRS/A filing.
Bgin Blockchain Ltd. is conducting an initial public offering (IPO) of Class A ordinary shares, aiming to list on Nasdaq under the symbol 'BGIN'. The company, structured as a Cayman Islands exempted company, conducts operations through subsidiaries in Hong Kong, the U.S., and Singapore. The offering is on a firm commitment basis, with underwriter discounts and potential over-allotment options. The filing highlights risks related to regulatory environments in Hong Kong and Mainland China, controlled company status, and emerging growth company reporting exemptions.
2024-12-06 · 0001213900-24-106164
DRS/A
amended
Amended draft registration statement
Updated draft registration filed before the public launch.
Updates the prior DRS/A filing.
Bgin Blockchain Limited is conducting an initial public offering (IPO) of Class A ordinary shares, aiming to list on Nasdaq under the symbol 'BGIN'. The offering is on a firm commitment basis, with an expected price range of $ to $ per share. The company, structured as a Cayman Islands holding company, operates through subsidiaries in Hong Kong and the U.S., facing regulatory and operational risks tied to its complex corporate structure and exposure to Hong Kong/PRC regulations. It is an emerging growth company subject to reduced reporting requirements.
2024-07-29 · 0001013762-24-001752
DRS/A
amended
Amended draft registration statement
Updated draft registration filed before the public launch.
Updates the prior DRS/A filing.
Bgin Blockchain Limited is conducting an initial public offering (IPO) of Class A ordinary shares, aiming to list on Nasdaq under the symbol 'BGIN.' The company, structured as a Cayman Islands holding company, operates through subsidiaries in Hong Kong and the U.S., with its primary operations managed by Bgin HK and Bgin Trading. The offering is on a firm commitment basis, with underwriter Chardan, and is conditional on Nasdaq's approval. The company highlights risks related to its corporate structure, regulatory environment in Hong Kong/PRC, and reliance on subsidiaries for operations.
2024-03-28 · 0001213900-24-027118
DRS/A
amended
Amended draft registration statement
Updated draft registration filed before the public launch.
Updates the prior DRS/A filing.
Bgin Blockchain Limited is conducting an initial public offering (IPO) of Class A ordinary shares, seeking to list on Nasdaq under the symbol 'BGIN.' The offering is on a firm commitment basis, with an expected price range of $ to $ per share. The company, structured as a Cayman Islands holding company, operates through subsidiaries in Hong Kong and the U.S. The IPO is conditional on Nasdaq's approval, and the offering includes underwriter options for over-allotments. The filing emphasizes risks related to PRC and Hong Kong regulatory environments, corporate structure, and uncertainties in listing and operations.
2024-02-12 · 0001213900-24-012648
DRS/A
amended
Amended draft registration statement
Updated draft registration filed before the public launch.
Updates the prior DRS/A filing.
Bgin Blockchain Ltd. is conducting an initial public offering (IPO) of Class A ordinary shares, aiming to list on Nasdaq under the symbol 'BGIN.' The company, structured as a Cayman Islands holding company, operates through subsidiaries in Hong Kong and the U.S. The IPO is on a firm commitment basis, with an expected price range and underwriter discounts. The offering is conditional on Nasdaq's approval, and the company faces risks related to PRC regulatory changes, corporate governance, and operational dependencies on subsidiaries.
2023-12-11 · 0001213900-23-094716
DRS/A
amended
Amended draft registration statement
Updated draft registration filed before the public launch.
Updates the prior DRS/A filing.
Bgin Blockchain Limited is conducting an initial public offering (IPO) of Class A ordinary shares, targeting a price range of $ to $ per share. The company, structured as a Cayman Islands holding company, operates through subsidiaries in Hong Kong and the U.S., with its primary operations in Hong Kong. The IPO is conditioned on Nasdaq listing approval, and the company is classified as an emerging growth company. Key risks include regulatory uncertainties in Hong Kong and mainland China, operational dependencies on subsidiaries, and potential impacts from PRC government actions.
2023-09-15 · 0001213900-23-076949
DRS/A
amended
Amended draft registration statement
Updated draft registration filed before the public launch.
Updates the prior DRS/A filing.
Bgin Blockchain Ltd. is conducting an initial public offering (IPO) of Class A ordinary shares, aiming to list on Nasdaq under the symbol 'BGIN.' The offering is on a firm commitment basis, with an expected price range of $X to $Y per share. The company, structured as a Cayman Islands holding company, operates through subsidiaries in Hong Kong and the U.S., with significant risks tied to PRC and Hong Kong regulatory environments. The filing highlights uncertainties around PRC regulations, potential impacts on operations, and the company's status as a 'controlled company' under Nasdaq rules.
2023-06-02 · 0001213900-23-045820
DRS/A
amended
Amended draft registration statement
Updated draft registration filed before the public launch.
Updates the prior DRS filing.
Bgin Blockchain Ltd. is conducting an initial public offering (IPO) of its Class A ordinary shares, aiming to list on Nasdaq under the symbol 'BGIN'. The offering is on a firm commitment basis, with an expected price range of $ to $ per share. The company, structured as a Cayman Islands holding company, conducts operations through subsidiaries in Hong Kong and the U.S. It is an emerging growth company, subject to reduced reporting requirements, and faces risks related to its corporate structure, regulatory environment in Hong Kong/China, and dependency on subsidiaries.
2023-01-18 · 0001213900-23-003306
DRS
filed
Draft registration statement
Draft registration filed confidentially before the public launch.
First tracked pre-IPO filing for this issuer.
Bgin Blockchain Limited, a Cayman Islands exempted company, is conducting an initial public offering (IPO) of Class A ordinary shares. The company operates through subsidiaries in Hong Kong and the U.S., with no direct operations. It is structured as a 'controlled company' under Nasdaq rules, allowing it to opt out of certain corporate governance requirements. The filing highlights risks related to PRC/Hong Kong regulatory environments, cybersecurity, data privacy, and the potential impact of PRC laws on its operations. The IPO is underwritten by Chardan, with an expected offering price range and a focus on U.S. market listing.
2022-09-20 · 0001213900-22-057293
Comparable Deals
4 comparable deals
FinancialsMicro (<$50M)D. Boral Capital LLCLast 18 months
Only 0 strict matches; expanded to 4 using nearest neighbors.
Recent News
No recent news stored for this issuer.