Nyae Group Inc. filed a Form S-1 registration statement for an initial public offering on 2025-11-19. As of its latest filing, on 2025-11-19, it has not priced the offering or withdrawn it. Each fact below is quoted from the filing named with it.
What the filings say
Listing
We intend to apply to have our ordinary shares listed on the Nasdaq Capital Market (“Nasdaq”) under the symbol “NYAE.” We cannot guarantee that we will be successful in listing our ordinary shares on the Nasdaq; however, we will not complete this offering unless we are so listed.From the S-1 filed 2025-11-19
Price range
The purchase price for the shares will be between $2.00 and $2.20 per ordinary share.From the S-1 filed 2025-11-19
Use of proceeds
We plan to use the net proceeds from this offering as follows:From the S-1 filed 2025-11-19
Revenue
Net cash provided by operating activities was approximately $3.5 million for the year ended December 31, 2024 which was attributable primarily to the net income of approximately $2.6 million, the increase in accounts payable to a related party of approximately $0.3 million for storage fees, the increase in deferred revenue of approximately $0.9 million, the increase in other payables and accrued liabilities of approximately $0.4 million, partially offset by the increase in accounts receivable of approximately $1.0 million.From the S-1 filed 2025-11-19
Net loss or income
We recorded net income of approximately $2.6 million in 2024.From the S-1 filed 2025-11-19
Timeline
| Filed | What it is | Filing |
|---|---|---|
| 2025-11-19 | Registration statement filed | S-1 |
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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 A company that decides not to go ahead can ask for the registration statement to be withdrawn on Form RW.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.