Tianci International Files S-1/A Amendment
Ticker: CIIT · Form: S-1/A · Filed: Sep 27, 2024 · CIK: 1557798
| Field | Detail |
|---|---|
| Company | Tianci International, INC. (CIIT) |
| Form Type | S-1/A |
| Filed Date | Sep 27, 2024 |
| Risk Level | medium |
| Pages | 16 |
| Reading Time | 19 min |
| Key Dollar Amounts | $0.0001, $4, $5, $4.50, $11.2 million |
| Sentiment | neutral |
Sentiment: neutral
Topics: amendment, financials, preferred-stock
TL;DR
Tianci Intl (CIIT) filed S-1/A w/ Q3 financials. Check preferred stock & logistics revenue.
AI Summary
Tianci International, Inc. filed an S-1/A amendment on September 27, 2024, detailing financial updates for the period ending April 30, 2024. The company, formerly known as Steampunk Wizards, Inc. and Freedom Petroleum Inc., is incorporated in Nevada and operates in the computer communications equipment sector. This filing includes financial data for various preferred stock series and revenue segments like Global Logistics Services.
Why It Matters
This filing provides updated financial information for Tianci International, Inc., crucial for investors to assess the company's performance and financial health as of April 30, 2024.
Risk Assessment
Risk Level: medium — The company has undergone multiple name changes and the filing is an amendment, suggesting potential complexities or ongoing adjustments in its reporting or business operations.
Key Numbers
- 2024-04-30 — Financial Period End (Latest financial reporting date included in the amendment.)
- 2023-07-31 — Fiscal Year End (The company's fiscal year concludes on this date.)
Key Players & Entities
- Tianci International, Inc. (company) — Filer of the S-1/A amendment
- Steampunk Wizards, Inc. (company) — Former company name
- Freedom Petroleum Inc. (company) — Former company name
- 0001683168-24-006713 (dollar_amount) — Accession Number for the filing
- 20240927 (date) — Filing date
- NV (location) — State of incorporation
FAQ
What specific financial updates are included in this S-1/A amendment?
The amendment includes financial data for periods ending April 30, 2024, and comparative periods, detailing Series A Preferred Stock, Series B Preferred Stock, Undesignated Preferred Stock, Global Logistics Services revenue, and Other Revenue.
When was Tianci International, Inc. previously known by other names?
The company was formerly known as Steampunk Wizards, Inc. (name change on July 2, 2015) and Freedom Petroleum Inc. (name change on September 10, 2012).
What is the primary business sector for Tianci International, Inc.?
Tianci International, Inc. is classified under the Standard Industrial Classification code 3576, which corresponds to Computer Communications Equipment.
What is the company's principal business address?
The company's business address is 401 Ryland Street, Suite 200-A, Reno, NV 89502.
What is the filing date of this S-1/A amendment?
This S-1/A amendment was filed on September 27, 2024.
Filing Stats: 4,731 words · 19 min read · ~16 pages · Grade level 14.5 · Accepted 2024-09-27 16:06:56
Key Financial Figures
- $0.0001 — 0,000 shares of common stock, par value $0.0001 per share, of Tianci International, Inc
- $4 — e public offering price will be between $4 and $5 per share. Our common stock is
- $5 — c offering price will be between $4 and $5 per share. Our common stock is current
- $4.50 — full, and assuming an offering price of $4.50 per share of common stock, which is the
- $11.2 million — ons and expenses, will be approximately $11.2 million. The lead underwriter expects to deliv
Filing Documents
- tianci_s1a3.htm (S-1/A) — 2235KB
- tianci_ex2301.htm (EX-23.1) — 2KB
- image_010.jpg (GRAPHIC) — 3KB
- image_001.jpg (GRAPHIC) — 3KB
- image_026.jpg (GRAPHIC) — 11KB
- image_021.jpg (GRAPHIC) — 25KB
- image_003.jpg (GRAPHIC) — 31KB
- image_004.jpg (GRAPHIC) — 34KB
- image_005.jpg (GRAPHIC) — 22KB
- image_024.jpg (GRAPHIC) — 58KB
- image_007.jpg (GRAPHIC) — 39KB
- image_025.jpg (GRAPHIC) — 75KB
- image_002.gif (GRAPHIC) — 14KB
- image_011.jpg (GRAPHIC) — 3KB
- 0001683168-24-006713.txt ( ) — 6711KB
- ciit-20240430_pre.xml (EX-101.PRE) — 239KB
- ciit-20240430_lab.xml (EX-101.LAB) — 273KB
- ciit-20240430_def.xml (EX-101.DEF) — 139KB
- ciit-20240430_cal.xml (EX-101.CAL) — 44KB
- ciit-20240430.xsd (EX-101.SCH) — 38KB
- tianci_s1a3_htm.xml (XML) — 569KB
RISK FACTORS
RISK FACTORS 17 A CAUTIONARY NOTE REGARDING FORWARD-LOOKING STATEMENTS 44
USE OF PROCEEDS
USE OF PROCEEDS 45 DIVIDEND POLICY 46 MARKET PRICE 46 CAPITALIZATION 46
MANAGEMENT'S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS OF OPERATIONS
MANAGEMENT'S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS OF OPERATIONS 49 DESCRIPTION OF BUSINESS 58 INDUSTRY AND MARKET OPPORTUNITIES 67 REGULATIONS 78 MANAGEMENT 84
EXECUTIVE COMPENSATION
EXECUTIVE COMPENSATION 88 CERTAIN RELATIONSHIPS AND RELATED PARTY TRANSACTIONS 91
DESCRIPTION OF CAPITAL STOCK
DESCRIPTION OF CAPITAL STOCK 93 PRINCIPAL STOCKHOLDERS 99 MATERIAL U.S. FEDERAL INCOME TAX CONSEQUENCES TO NON-U.S. HOLDERS 100 SHARES ELIGIBLE FOR FUTURE SALE 104
UNDERWRITING
UNDERWRITING 105 LEGAL MATTERS 115 EXPERTS 115 CHANGE IN REGISTRANT'S CERTIFYING ACCOUNTANT 115 WHERE YOU CAN FIND MORE INFORMATION 116 INDEX TO FINANCIAL STATEMENTS F-1 You should rely only on the information contained in this prospectus. We have not, and the lead underwriter has not, authorized anyone to provide you with information different from what is contained in this prospectus or in any related free writing prospectus. If anyone provides you with different or inconsistent information, you should not rely on it. We are not, and the lead underwriter is not, making an offer to sell securities in any jurisdiction where the offer or sale is not permitted. The information contained in this prospectus is accurate only as of the date on the front of this prospectus, regardless of the time of delivery of this prospectus or any sale of the securities. Our subsidiaries' business, and our financial condition, results of operations and prospects may have changed since that date. For investors outside of the United States of America (the "United States" or the "U.S."): Neither we nor the lead underwriter have done anything that would permit the Underwritten Offering or possession or distribution of this prospectus or any filed free-writing prospectus in any jurisdiction, other than the United States, where action for that purpose is required. Persons outside of the United States who come into possession of this prospectus or any filed free writing