Skubbs Holdings Ltd filed a Form F-1 registration statement for an initial public offering on 2025-02-24. It has amended it 1 time. As of its latest filing, on 2026-09-18, it has not priced the offering or withdrawn it.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 believe that upon completion of this offering contemplated by this prospectus, we will meet the standards for listing on the NYSE American or the Nasdaq, under the symbol “SKUB”.From the F-1/A filed 2026-09-18
Shares offered
We are offering, on a firm commitment basis, 4,000,000 ordinary shares and the Selling Shareholder (as defined and named herein) is offering, on a firm commitment basis, 1,000,000 ordinary shares to be sold in the offering pursuant to this prospectus.From the F-1/A filed 2026-09-18
Price range
We anticipate that the initial public offering price of the ordinary shares will be between $4.50 and $5.50 per ordinary share.From the F-1/A filed 2026-09-18
Use of proceeds
We currently intend to use the net proceeds from this offering to (i) approximately 30% for research and development in our technology and engineering;From the F-1/A filed 2026-09-18
Revenue
Between the years ended December 31, 2024 and 2025, our total revenue increased by 336.3% from $717,231 to $3,128,994.From the F-1/A filed 2026-09-18
Net loss or income
For the year ended December 31, 2025, our net cash provided by operating activities was $674,723, which primarily reflected our net income of $1,016,761, adding back (i) the non-cash amortization of intangible assets, depreciation of right-of-use assets, bad debt, and allowance for doubtful debts of $159,874 and (ii) the increase in other receivable as much as $2,555, (iii) increase in amount due from related party $239,419, increase in other payables of $259,401, decrease in operating lease liability by $28,082, increase in income tax payable by $229,967, offset with (iv) decrease in accounts payables as much as $47,734, increase of accounts receivables of $1,152,328.From the F-1/A filed 2026-09-18
Timeline
| Filed | What it is | Filing |
|---|---|---|
| 2025-02-24 | Registration statement filed (foreign issuer) | F-1 |
| 2026-08-28 | Registration statement filed (foreign issuer) | F-1 |
| 2026-09-18 | Registration statement amended (foreign issuer) | F-1/A |
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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.