IPOGrid
0001977251
IPO filing research

Skubbs Holdings Ltd

Services-Computer Programming Services · SKUB

ipo amended Nasdaq F-1

Skubbs Holdings Ltd IPO research page with SEC filing history, offering status, deal terms, structured filing extracts, company news, and comparable IPO context. Latest filing: F-1 on 2026-08-28. Current deal snapshot: exchange Nasdaq.

Filing Timeline

SEC EDGAR
F-1 filed
Initial foreign registration statement
Initial public filing for a foreign issuer submitted to start the SEC review process.
Follows F-1 in the pre-IPO sequence.
Price $5.00 · Range $4.50 to $5.50 · 5,000,000 shares · Gross proceeds $25,000,000
Ordinary Shares of the holding company incorporated in the Cayman Islands · Exchange Nasdaq or NYSE American · Use of proceeds Use proceeds for research and development, marketing, mergers and acquisitions, repayment of shareholder loans, overseas expansion, and general working capital · Flags cayman_holding_company, foreign_private_issuer
2026-08-28 · 0001493152-26-040568
F-1 filed
Initial foreign registration statement
Initial public filing for a foreign issuer submitted to start the SEC review process.
Follows F-1 in the pre-IPO sequence.
Price $4.50 · Range $4.00 to $5.00 · 2,000,000 shares · Gross proceeds $9,000,000
Ordinary · Exchange Nasdaq · Ticker SKUB · Use of proceeds selling stockholders with no issuer proceeds · Flags cayman_holding_company
Skubbs Holdings Ltd's current IPO filing highlights significant shifts in financial metrics, strategic adjustments, and risk considerations. The company reports a decline in average revenue per customer and net income margin, attributed to post-COVID-19 market conditions and strategic pricing changes. However, it anticipates improvement through expanded marketing for its Dee-Market platform and AI-driven revenue streams. Financial leverage increased due to a director's interest-free loan, though projected revenue growth may mitigate this. The filing emphasizes compliance with accounting standards and details revenue recognition methods across IT solutions and platform advertising.
2025-02-24 · 0001493152-25-008057
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.
2,000,000 shares
ordinary · Exchange Nasdaq Capital Market · Ticker SKUB · Flags foreign_private_issuer, cayman_holding_company
Skubbs Holdings Ltd, a Singapore-based digital solutions and application development agency, operates through two service lines: IT solutions (web/mobile app development and maintenance) and platform advertisement services via Dee.Market. The company reported significant revenue growth, with total revenue increasing 110.1% from $572,505 in 2021 to $1,202,842 in 2022, driven by expanded IT solutions and advertising platform activities. Financial performance shows improved gross profit and comprehensive income, though recent six-month periods show mixed results due to rising maintenance and advertising expenses. The filing outlines dividend policies, operational risks, and the impact of the COVID-19 pandemic on business operations and client interactions.
2024-03-04 · 0001493152-24-008621
DRS/A amended
Amended draft registration statement
Updated draft registration filed before the public launch.
Updates the prior DRS/A filing.
2024-02-16 · 0001493152-24-006933
DRS/A amended
Amended draft registration statement
Updated draft registration filed before the public launch.
Updates the prior DRS/A filing.
2023-08-25 · 0001493152-23-030121
DRS/A amended
Amended draft registration statement
Updated draft registration filed before the public launch.
Updates the prior DRS/A filing.
2023-08-04 · 0001493152-23-026837
DRS/A amended
Amended draft registration statement
Updated draft registration filed before the public launch.
Updates the prior DRS filing.
2023-07-17 · 0001493152-23-024665
DRS filed
Draft registration statement
Draft registration filed confidentially before the public launch.
First tracked pre-IPO filing for this issuer.
2023-06-09 · 0001493152-23-020753
Comparable Deals

20 comparable deals

TechnologyMicro (<$50M)Last 18 months
Only 0 strict matches; expanded to 20 using nearest neighbors.
Showing top 8 by similarity.
+3.3%
Median day-1
70%
Above issue
+2.2%
Median week-1
-20.0%
Downside (p10)
Micware Co., Ltd. MWC
2026-05-14 $23M Day 1: +2.2% Wk 1: -10.6%
same SICsimilar deal sizerecent IPO
Rank One Computing Corp ROC
2026-02-20 $24M Day 1: +2.7% Wk 1: +2.8%
same SIC groupsimilar deal sizerecent IPO
GrowHub Ltd TGHL
2025-08-28 $15M Day 1: -15.5% Wk 1: -14.5%
same SIC groupnearby deal sizerecent IPO
TechCreate Group Ltd. TCGL
2025-10-15 $10M Day 1: +23.2% Wk 1: +11.3%
same SIC groupnearby deal sizerecent IPO
Neutron Holdings, Inc. LIME
2026-07-01 $174M Day 1: +4.0% Wk 1: +0.2%
same SIC grouprecent IPO
QumulusAI, Inc. QMLS
2026-07-16 - Day 1: -58.8% Wk 1: -77.6%
same SIC grouprecent IPO
Csquare, Inc. CSQR
2026-07-16 $1.1B Day 1: -1.6% Wk 1: +2.7%
same SIC grouprecent IPO
Bending Spoons S.p.A. BSP
2026-07-01 $954M Day 1: +39.7% Wk 1: +18.0%
same SIC grouprecent IPO

Recent News

No recent news stored for this issuer.