Safe Pro Group Inc. filed a Form S-1 registration statement for an initial public offering on 2025-06-06. It has amended it 3 times. It filed its final prospectus on 2024-08-29, at a public offering price of $5.00 per share. Each fact below is quoted from the filing named with it.
What the filings say
Listing
Our common stock is listed on the NASDAQ Stock Market under the symbol “SPAI.” On June 5, 2025, the last sale price for our common stock as reported on the NASDAQ Stock Market was $2.66 per share.From the S-1 filed 2025-06-06
Shares offered
This is the initial public offering of 1,020,000 shares of our common stock at an initial public offering price of $5.00 per share.From the 424B4 filed 2024-08-29
Offering price
This is the initial public offering of 1,020,000 shares of our common stock at an initial public offering price of $5.00 per share.From the 424B4 filed 2024-08-29
Use of proceeds
We intend to use the net proceeds of this offering for the repayment of debt, working capital and general corporate purposes.From the 424B4 filed 2024-08-29
Revenue
During the three months ended March 31, 2025 and 2024, cost of revenues decreased to $123,236 compared to $180,438, a decrease of $57,202, or 31.7%.From the S-1 filed 2025-06-06
Net loss or income
For the years ended December 31, 2024, and 2023, we have incurred net losses of $7,428,461 and $6,314,649, respectively.From the S-1 filed 2025-06-06
Timeline
| Filed | What it is | Filing |
|---|---|---|
| 2024-07-19 | Registration statement amended | S-1/A |
| 2024-08-02 | Registration statement amended | S-1/A |
| 2024-08-09 | Registration statement amended | S-1/A |
| 2024-08-29 | Final prospectus filed: the offering is priced | 424B4 |
| 2025-06-06 | 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 A company that decides not to go ahead can ask for the registration statement to be withdrawn on Form RW.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.