Varsal Tech, Inc. filed a Form S-1 registration statement for an initial public offering on 2026-05-26. It has amended it 3 times. As of its latest filing, on 2026-08-17, it has not priced the offering or withdrawn it.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 plan to apply to list our Class A Common Stock on the NYSE American and intend to reserve the symbol “VAT” for purposes of listing our Class A Common Stock on the NYSE American.From the S-1/A filed 2026-08-17
Use of proceeds
We plan to use the net proceeds we receive from this offering to fund working capital and for other general corporate purposes, including the support of our current business and:From the S-1/A filed 2026-08-17
Net loss or income
For the nine months ended June 30, 2026, cash provided by operating activities was primarily driven by net income of $6.8 million, partially offset by changes in operating assets and liabilities that used $0.5 million of cash, mainly reflecting an increase in accounts receivable, partially offset by increases in accounts payable, income tax payable, and other payables and accrued liabilities, as well as a decrease in inventories.From the S-1/A filed 2026-08-17
Timeline
| Filed | What it is | Filing |
|---|---|---|
| 2026-05-26 | Registration statement filed | S-1 |
| 2026-07-01 | Registration statement amended | S-1/A |
| 2026-07-22 | Registration statement amended | S-1/A |
| 2026-08-17 | Registration statement amended | S-1/A |
Tools for this story
Each opens in a new tab, filled in for Varsal Tech, Inc.. With no account yet, you sign up free and land on the result.
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 A company that decides not to go ahead can ask for the registration statement to be withdrawn on Form RW.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.