0001977251

IPO filing research

Skubbs Holdings Ltd

Services-Computer Programming Services · SKUB

ipo amended Nasdaq F-1/A

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/A on 2026-09-18. Current deal snapshot: exchange Nasdaq.

Filing Timeline

SEC EDGAR

F-1/A amended

Amended foreign registration statement

Updated foreign registration statement filed after SEC comments or deal changes.

First tracked pre-IPO filing for this issuer.

Price $5.00 · Range $4.50 to $5.50 · 5,000,000 shares · Gross proceeds $20,000,000

Ordinary Shares · Exchange NASDAQ · Over-allotment 600,000 · Use of proceeds Net proceeds will be used for research and development, marketing, mergers and acquisitions, loan repayment, overseas expansion, and general working capital · Flags cayman_holding_company, foreign_private_issuer

2026-09-18 · 0001493152-26-043327

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.

Skubbs Holdings Ltd's DRS/A filing highlights significant revenue growth from $572,505 in 2021 to $1,202,842 in 2022, driven by a 51% contribution from IT solutions and 49% from platform advertisement services (primarily Dee.Market). Gross profit margins remained stable at ~91.5%, while operating expenses decreased as a percentage of revenue. The filing emphasizes Dee.Market's role in future growth, alongside risks related to pandemic impacts and reliance on key clients.

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.

Skubbs Holdings Ltd's recent filing highlights a significant revenue increase from $572,505 in 2021 to $1,202,842 in 2022, driven by growth in IT solutions (51% of revenue) and the emergence of platform advertisement services (49% of revenue). The company reports stable gross margins (91.6% in 2021, 91.5% in 2022) and expanding operating profits, with a focus on Dee.Market's potential to drive future growth. Key financial details include rising operating expenses, cost management strategies, and reliance on foreign currency adjustments. The filing emphasizes revenue recognition under ASC 606 and highlights risks related to market conditions and operational dependencies.

2023-06-09 · 0001493152-23-020753