SHENNI HOLDINGS Ltd filed a Form F-1 registration statement for an initial public offering on 2025-03-14. It has amended it 1 time. It asked for the registration statement to be withdrawn on 2025-05-02. Each fact below is quoted from the filing named with it.
What the filings say
Listing
We have reserved the trading symbol SNI for listing on the NASDAQ.From the F-1/A filed 2025-03-31
Shares offered
We are offering on a firm commitment basis 3,000,000 ordinary shares.From the F-1/A filed 2025-03-31
Price range
We currently estimate that the initial public offering price will be between $4.00 and $6.00 per Ordinary Share.From the F-1/A filed 2025-03-31
Use of proceeds
We intend to use the net proceeds of this offering:From the F-1/A filed 2025-03-31
Revenue
During the fiscal year ended March 31, 2024, our revenue increased by approximately 1618.7%, to approximately $10.58 million from $0.62 million for the fiscal year ended March 31, 2023.From the F-1/A filed 2025-03-31
Net loss or income
In the fiscal year ended March 31, 2024, our net income amounted to approximately $1.54 million, representing an increase of approximately 1377.2%, compared to net loss of $0.12 million in the fiscal year ended March 31, 2023.From the F-1/A filed 2025-03-31
Withdrawal
Pursuant to Rule 477 under the Securities Act of 1933, as amended (the “ Securities Act ”), Shenni Holdings Ltd., a foreign private issuer organized under the laws of Cayman Islands (the “ Company ”), hereby respectfully requests that the Securities and Exchange Commission (the “ Commission ”) consent to the withdrawal of its Registration Statement on Form F-1 (File No. 333- 285809) together with all exhibits thereto (the “ Registration Statement ”), effective as of the date hereof or at the earliest practicable date hereafter.From the RW filed 2025-05-02
Timeline
| Filed | What it is | Filing |
|---|---|---|
| 2025-03-14 | Registration statement filed (foreign issuer) | F-1 |
| 2025-03-31 | Registration statement amended (foreign issuer) | F-1/A |
| 2025-05-02 | Request to withdraw a registration (Form F-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.