Concorde International Group Ltd. filed a Form F-1 registration statement for an initial public offering on 2024-08-27. It has amended it 5 times. It filed its final prospectus on 2025-04-21, at a public offering price of $4.00 per share. Each fact below is quoted from the filing named with it.
What the filings say
Listing
In connection with this offering, we have received the approval letter from The Nasdaq Stock Market LLC (“Nasdaq”) to list our Class A Ordinary Shares on the Nasdaq Capital Market under the trading symbol “CIGL”.From the 424B4 filed 2025-04-21
Shares offered
We are offering 1,250,000 Class A Ordinary Shares at an initial public offering price of $4.00 per share.From the 424B4 filed 2025-04-21
Offering price
We are offering 1,250,000 Class A Ordinary Shares at an initial public offering price of $4.00 per share.From the 424B4 filed 2025-04-21
Use of proceeds
We plan to use the net proceeds of this offering for purchase and rollout of electric vehicular mobile command centers, research and development activities, regional market development and exploration of new markets, product development, working capital and general corporate purposes.From the 424B4 filed 2025-04-21
Revenue
Our revenue decreased by $241,443, or 4% in the six months ended June 30, 2024 as compared to the six months ended June 30, 2023, primarily due to a major customer one-off commencement sales in the six months ended June 30, 2023.From the F-1/A filed 2024-12-17
Net loss or income
Our profit increased by $1,798,174, or 224%, from a net loss of $803,980 for the year ended December 31, 2022 to a net profit of $994,194 for the year ended December 31, 2023, which was mainly due to by (i) an increase in sales by 5,649,648 or 113% driven by market demand, and; by (ii) a decrease of other expenses of $672,157, or 68% from $986,796 for the year ended December 31, 2022 to $314,639 for the year ended December 31, 2023 due to step up collection effort of the new established finance team, there was improvement in bad debt allowances and recovery of previously written off bad debt.From the F-1/A filed 2024-12-17
Timeline
| Filed | What it is | Filing |
|---|---|---|
| 2024-08-27 | Registration statement filed (foreign issuer) | F-1 |
| 2024-09-18 | Registration statement amended (foreign issuer) | F-1/A |
| 2024-11-05 | Registration statement amended (foreign issuer) | F-1/A |
| 2024-11-26 | Registration statement amended (foreign issuer) | F-1/A |
| 2024-12-17 | Registration statement amended (foreign issuer) | F-1/A |
| 2025-01-07 | Registration statement amended (foreign issuer) | F-1/A |
| 2025-04-21 | Final prospectus filed: the offering is priced | 424B4 |
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Where this comes from
A company that wants to sell shares to the public in the United States files a registration statement with the SEC: Form S-1 for a US company, Form F-1 for a foreign one. It amends that statement as the figures and terms are filled in, usually adding the expected price range shortly before the offering. Once the offering is priced it files its final prospectus under Rule 424(b)(4). A company that decides not to go ahead can ask for the registration statement to be withdrawn on Form RW.
Every row on this page is one of those filings, linked to the filing itself. The facts are the company's own sentences, quoted from the filing named beside each one and never reworded; where no filing states a fact in a sentence that can be read exactly, this page leaves it out. A filing is the company's statement of its plans and its figures, not a verification of them, and nothing here is investment advice.