Galaxy Payroll Group Ltd has a Form F-1 registration statement on file for an initial public offering; the original was filed before the period this page covers, and the earliest filing here is an amendment filed on 2024-07-31. Amendments on record here: 2. It filed its final prospectus on 2024-09-12, 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
Our Ordinary Shares have been approved to be listed on the Nasdaq Capital Market under the symbol “GLXG”.From the 424B4 filed 2024-09-12
Offering price
The initial public offering price is $4.00 per Ordinary Share.From the 424B4 filed 2024-09-12
Use of proceeds
Specifically, we intend to use the net proceeds from this offering for research and development and additional hiring, sales and marketing, working capital, and general corporate purposes.From the 424B4 filed 2024-09-12
Revenue
Our revenue decreased by approximately 32.8% to approximately HK$31.5 million (US$4.0 million) for the year ended June 30, 2023 from HK$46.9 million (US$6.0 million) for the year ended June 30, 2022.From the F-1/A filed 2024-08-14
Net loss or income
Our net income for the year decreased significantly by approximately 60% to approximately HK$9.0 million (approximately US$1.1 million) for the year ended June 30, 2023 from approximately HK$22.6 million (approximately US$2.9 million) for the year ended June 30, 2022, which was primarily attributable to the temporary cease of the new business, the consultancy and market research services, since July 2022.From the F-1/A filed 2024-08-14
Timeline
| Filed | What it is | Filing |
|---|---|---|
| 2024-07-31 | Registration statement amended (foreign issuer) | F-1/A |
| 2024-08-14 | Registration statement amended (foreign issuer) | F-1/A |
| 2024-09-12 | Final prospectus filed: the offering is priced | 424B4 |
Tools for this story
Each opens in a new tab, filled in for Galaxy Payroll Group Ltd. With no account yet, you sign up free and land on the result.
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.