Corporate ActionJul 15, 2026, 03:27 PM
Neucleus Group Plans IPO of 4.5M Class A Shares at $4-$5
AI Summary
Neucleus Group Limited filed an F-1/A for its Initial Public Offering, planning to offer 4,500,000 Class A Ordinary Shares at an estimated price range of $4 to $5 per share. The company, a scientific parental consultation service provider based in Malaysia, intends to list on the Nasdaq Capital Market under the symbol "NEUC." Post-IPO, it will have a dual-class share structure and will be a "controlled company" due to its controlling shareholder retaining significant voting power, though it does not intend to use the associated exemptions.
Key Highlights
- Offering 4,500,000 Class A Ordinary Shares in its Initial Public Offering.
- Estimated IPO price range is $4 to $5 per Class A Ordinary Share.
- Intends to list Class A Ordinary Shares on Nasdaq Capital Market under "NEUC".
- Controlling Shareholder to hold approximately 53.64% of shares and 85.44% voting power post-IPO.
- FY2025 revenue was $3,098,307, significantly up from $274,084 in FY2024.
- Proceeds allocated: 35% for service development, 25% for marketing, 20% for regional expansion, 20% for working capital.
- Underwriters have a 45-day option to purchase up to 675,000 additional Class A shares.
- Company, directors, officers, and major shareholders subject to a 180-day lock-up period.
Price Impact