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 $4.00 · Range $4.00 to $5.00 · 3,750,000 shares
Ordinary Shares · Exchange National Securities Exchange · Ticker PCAI · Over-allotment 562,500 · Flags foreign_private_issuer
Powercheck AI Holdings Ltd's F-1 filing highlights significant liquidity challenges, including net losses of $11,813 in 2025 and $3,174 in 2024, with negative cash flow from operations. The company relies on external financing and shareholder support to sustain operations, citing substantial doubt about its ability to continue as a going concern beyond 2026. Key risks include foreign currency fluctuations, credit concentration in Malaysia, and dependence on management's execution of its business plan. The company operates as a single segment with all assets and revenue in Malaysia.
2026-05-27 · 0001213900-26-061509