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.
Price $5.00 · 1,250,000 shares · Gross proceeds $6,250,000
Ordinary · Exchange Nasdaq Capital Market · Ticker SZTD · Flags foreign_private_issuer
Shangzhaitong Holding Co., Ltd. is conducting an initial public offering (IPO) of 1,250,000 ordinary shares at an expected price of $5.00 per share, with listings on the Nasdaq Capital Market under 'SZTD'. The company, structured as a British Virgin Islands (BVI) holding company, operates primarily through subsidiaries in Mainland China. As an emerging growth company, it faces significant risks related to PRC regulatory scrutiny, including cybersecurity reviews, anti-monopoly enforcement, and the U.S. Holding Foreign Companies Accountable Act (HFCAA). The filing highlights ongoing uncertainties around compliance with Chinese and U.S. regulations, including potential delisting risks if the PCAOB cannot inspect auditors in China.
2025-12-15 · 0001099910-25-000266
F-1
filed
Initial foreign registration statement
Initial public filing for a foreign issuer submitted to start the SEC review process.
First tracked pre-IPO filing for this issuer.
Price $5.00 · 1,250,000 shares · Gross proceeds $6,250,000
Ordinary Shares · Exchange Nasdaq Capital Market · Ticker SZTD · Flags foreign_private_issuer, cayman_holding_company, vie_structure
Shangzhaitong Holding Co., Ltd. is conducting an initial public offering (IPO) of 1,250,000 ordinary shares at $5.00 per share, aiming to list on the Nasdaq Capital Market under the symbol 'SZTD.' The company, structured as a Cayman Islands holding company with operations in Mainland China, faces regulatory and operational risks due to its Chinese jurisdiction. It is classified as an 'emerging growth company' and 'foreign private issuer,' subject to reduced reporting requirements. The filing highlights risks related to PRC regulatory actions, cybersecurity reviews, anti-monopoly enforcement, and potential U.S. trading restrictions under the HFCAA.
2025-11-26 · 0001099910-25-000254