Corporate ActionApr 28, 2026, 11:08 AM
ASFH Files S-1/A for 3.75M Share Public Offering at $4.00-$6.00
AI Summary
ASIAFIN HOLDINGS CORP. filed an Amendment No. 3 to its S-1 Registration Statement for a public offering of 3,750,000 shares of common stock, with an anticipated price range of $4.00 to $6.00 per share. The company also effected a 1-for-6 reverse stock split and intends to apply for listing on the NYSE American. Recent management changes include the appointment of Ghi Geok Khoo (Chanti) as CFO.
Key Highlights
- ASFH plans a public offering of 3,750,000 shares of common stock.
- Anticipated public offering price is between $4.00 and $6.00 per share.
- A 1-for-6 reverse stock split was effected prior to the offering.
- Underwriter Aegis Capital Corp. has an option for an additional 562,500 shares.
- Underwriting discount is 7% per share, plus warrants for 5% of shares sold.
- Company intends to apply for listing on the NYSE American under symbol ASFH.
- Ghi Geok Khoo (Chanti) was appointed Chief Financial Officer effective August 1, 2025.