Web3Labs Global Inc.

FWP supplemental

Range $4.00 to $5.00 · 6,250,000 shares · Gross proceeds $25,000,000

Web3Labs Global Inc. is conducting an IPO with an indicative price range of $4.00-$5.00 per Class A ordinary share, offering 6,250,000 shares (7,187,500 with over-allotment). The company provides fee-based Web3 services across the blockchain lifecycle, including regulatory advisory, acceleration programs, and ecosystem development. The lead underwriter is Eddid Securities USA Inc., with proceeds targeting business expansion, operations, and corporate purposes. The offering aims to list on Nasdaq under the ticker MDAT.

F-1/A amended

Range $4.00 to $5.00 · Gross proceeds $25,000,000

Web3Labs Global Inc. is conducting an IPO with a dual-class share structure, issuing 6,250,000 Class A shares (up to 7,187,500 with over-allotment) at an estimated $4.00-$5.00 per share. The company will maintain a controlled company status under Nasdaq, exempting it from certain governance requirements. The offering aims to fund business expansion, market exploration, and general corporate purposes. The filing highlights risks related to its dual-class structure, regulatory uncertainties in the Web3 ecosystem, and reliance on acceleration programs. The company's financials show mixed performance, with growth in strategic consulting and general business services offset by declines in event organization revenue.

F-1 filed

Range $4.00 to $5.00 · Gross proceeds $25,000,000

Web3Labs Global Inc. reported mixed financial performance for the six months ended December 31, 2025, with revenue from Web3.0 general business services rising to HK$0.8 million (up from nil in 2024) and strategic consulting services growing, while event organization revenue declined by 35.2% due to non-recurring projects. Gross profit surged 73.8% to HK$5.4 million, driven by cost controls and high-margin services. However, SG&A expenses jumped 139.3% due to IPO-related costs, leading to a 53.7% drop in net income to HK$0.8 million.

DRS/A amended

Web3Labs Global Inc., a Cayman Islands holding company, is conducting its initial public offering (IPO) of Class A ordinary shares. The company operates through its Hong Kong subsidiary, Web3hub, which conducts business in Hong Kong, a Special Administrative Region of the PRC. The IPO involves 25 million shares with an expected price range of $4.00 to $5.00 per share, listed on Nasdaq under the symbol 'MDAT'. The offering includes a dual-class share structure with voting rights and conversion features. The company emphasizes its offshore structure, noting no direct operations in mainland China and reliance on Hong Kong's legal framework.

DRS/A amended

Web3Labs Global Inc. is a Cayman Islands holding company conducting operations through its Hong Kong subsidiary, Web3hub. The company is offering Class A ordinary shares in its initial public offering (IPO), targeting a Nasdaq listing under the symbol 'MDAT.' The offering includes two share classes with differing voting rights, and the company highlights risks related to PRC regulatory actions, data security compliance, and potential restrictions on cross-border capital flows. No public market exists for its shares prior to this offering.

DRS/A amended

Web3Labs Global Inc. is conducting an initial public offering (IPO) of Class A ordinary shares, with the shares to be listed on Nasdaq under the symbol 'MDAT'. The company is a Cayman Islands holding company operating through its Hong Kong subsidiary, Web3hub, which conducts business in Hong Kong. The filing outlines the share structure, including voting rights and conversion terms between Class A and Class B shares, and highlights regulatory risks related to PRC laws, data security, and cross-border fund transfers. The company emphasizes its lack of operations in mainland China and its belief that PRC regulations do not currently apply to its Hong Kong subsidiary.

DRS filed

Web3Labs Global Inc. is conducting its initial public offering (IPO) of Class A ordinary shares, with no prior public market for its securities. The company, structured as a Cayman Islands exempted holding company, operates through its Hong Kong subsidiary, Web3hub Global Company Limited. The offering aims to list on Nasdaq under the symbol 'MDAT,' though listing is not guaranteed. The filing highlights regulatory risks related to PRC and Hong Kong laws, cybersecurity compliance, and potential U.S. regulatory actions under the HFCAA.