Holdco Nuvo Group D.G 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 2024-07-09. Amendments on record here: 2. It asked for the registration statement to be withdrawn on 2024-07-25. Each fact below is quoted from the filing named with it.
What the filings say
Listing
Our Ordinary Shares are listed on Nasdaq under the trading symbol “NUVO”.From the F-1/A filed 2024-07-09
Shares offered
We are offering up to $15 million of our securities, consisting of up to 13,888,888 ordinary shares, no par value per share (“Ordinary Shares”), together with Series A Warrants to purchase up to 13,888,888 Ordinary Shares (the “Series A Warrants”) and Series B Warrants to purchase up to 13,888,888 Ordinary Shares (the “Series B Warrants” and, together with the Series A Warrants, the “Series Warrants”) at an assumed combined public offering price of $1.08 per share and accompanying Series Warrants, which is equal to the last reported sale price per Ordinary Share on the Nasdaq Stock Market LLC, (“Nasdaq”) on July 5, 2024 (and the Ordinary Shares that are issuable from time to time upon…From the F-1/A filed 2024-07-09
Use of proceeds
We intend to use the net proceeds from this offering to hire incremental sales and marketing personnel and focus resources on building the commercial aspects of our business, to continue to incur significant research and development expenses associated with moving our current product offering forward, including personnel related expenses and costs of conducting preclinical studies and clinical trials, to expand our accounting, finance and administrative staff and resources in connection with our transition to a public company, and for general corporate purposes.From the F-1/A filed 2024-07-09
Net loss or income
For the years ended December 31, 2023, 2022 and 2021, we reported net losses of $33.655 million, $20.679 million and $34.512 million, respectively.From the F-1/A filed 2024-07-09
Withdrawal
We are no longer requesting that such Registration Statement be declared effective at such time and we hereby withdraw our request for acceleration of the effective date until further notice from the Company. [Signature page follows] Very truly yours, Holdco Nuvo Group D.G Ltd. By: /s/ Robert Powell Name:From the RW filed 2024-07-25
Timeline
| Filed | What it is | Filing |
|---|---|---|
| 2024-07-09 | Registration statement amended (foreign issuer) | F-1/A |
| 2024-07-22 | Registration statement amended (foreign issuer) | F-1/A |
| 2024-07-25 | Request to withdraw a registration (Form F-1) | RW |
Tools for this story
Each opens in a new tab, filled in for Holdco Nuvo Group D.G 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.
