Job Aire Group Inc. filed a Form S-1 registration statement for an initial public offering on 2024-07-24. It has amended it 2 times. It asked for the registration statement to be withdrawn on 2025-04-14. Each fact below is quoted from the filing named with it.
What the filings say
Listing
We have applied to list our Common Stock on the NYSE American LLC (“NYSE American”) under the symbol “JAG”.From the S-1/A filed 2024-10-17
Price range
We currently estimate that the offering price of the Common Stock will be between $4.50 and $5.50 per share, with a $5.00 assumed initial public offering price (which is the midpoint of the $4.50 and $5.50 per share range; this assumption is used throughout this prospectus).From the S-1/A filed 2024-10-17
Use of proceeds
We currently intend to use the net proceeds from this offering, together with our existing cash and cash equivalents, to fund the growth of our employee base and the onboarding of these new employees, and the remainder for potential acquisitions, working capital, and other general corporate purposes, including the additional costs associated with being a public company.From the S-1/A filed 2024-10-17
Revenue
We are in the medium-sized category as we had annual revenue of $19.7 million in 2022 and $29.1 million in 2023.From the S-1/A filed 2024-10-17
Net loss or income
For the year ended December 31, 2023, net income was $3 . 4 million, an increase of 4,390%, compared to a net loss of $0.1 million in the same period in 2022.From the S-1/A filed 2024-10-17
Withdrawal
Pursuant to Rule 477 promulgated under the Securities Act of 1933, as amended (the "Securities Act"), Job Aire Group, Inc. (the "Registrant") hereby respectfully requests the withdrawal of its Registration Statement on Form S-1 (File No. 333-280981), together with all exhibits and amendments thereto (collectively, the "Registration Statement"), effective as of the date hereof or at the earliest practicable date thereafter.From the RW filed 2025-04-14
Timeline
| Filed | What it is | Filing |
|---|---|---|
| 2024-07-24 | Registration statement filed | S-1 |
| 2024-08-23 | Registration statement amended | S-1/A |
| 2024-10-17 | Registration statement amended | S-1/A |
| 2025-04-14 | Request to withdraw a registration (Form S-1) | RW |
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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.