Idaho Copper Corp Files S-1/A Update
Ticker: COPR · Form: S-1/A · Filed: Jan 24, 2025 · CIK: 1263364
Sentiment: neutral
Topics: sec-filing, s-1/a, metal-mining
TL;DR
Idaho Copper Corp (formerly Joway Health) filed an S-1/A. Metal mining biz.
AI Summary
Idaho Copper Corp filed an S-1/A on January 24, 2025, to update its registration statement. The company, formerly known as Joway Health Industries Group Inc and G2 Ventures Inc, is incorporated in Nevada and operates in the Metal Mining sector. Its fiscal year ends on January 31.
Why It Matters
This filing indicates ongoing efforts by Idaho Copper Corp to comply with SEC regulations, which is crucial for its public trading status and potential future capital raises.
Risk Assessment
Risk Level: low — This is a routine S-1/A filing for an existing public company, not indicating new significant risks.
Key Numbers
- 0131 — Fiscal Year End (Indicates the end of the company's financial reporting year.)
Key Players & Entities
- Idaho Copper Corp (company) — Filer
- Joway Health Industries Group Inc (company) — Former Company Name
- G2 VENTURES INC (company) — Former Company Name
- 20250124 (date) — Filing Date
FAQ
What is the primary business of Idaho Copper Corp?
Idaho Copper Corp operates in the METAL MINING sector, as indicated by its SIC code [1000].
When was Idaho Copper Corp incorporated?
Idaho Copper Corp is incorporated in Nevada (NV).
What were Idaho Copper Corp's previous names?
Idaho Copper Corp was formerly known as Joway Health Industries Group Inc and G2 VENTURES INC.
What is the filing date of this S-1/A?
The filing date of this S-1/A is January 24, 2025.
What is the SEC file number for this registration?
The SEC file number for this registration is 333-280762.
Filing Stats: 4,572 words · 18 min read · ~15 pages · Grade level 14.9 · Accepted 2025-01-24 06:10:15
Key Financial Figures
- $0.001 — 6,642 shares of common stock, par value $0.001 per share (the "Common Stock"), of Idah
- $201,200 — es in the aggregate principal amount of $201,200 in total, at a price of $0.23 per share
- $0.23 — unt of $201,200 in total, at a price of $0.23 per share, issued to certain Selling St
- $0.192 — rted sale price of our Common Stock was $0.192 per share. There is currently a limited
- $0.24 — related transfer at the fixed price of $0.24 per share until such time as our shares
- $100,000 — consideration for the purchase price of $100,000. In connection with the acquisition of
- $12,000 — s (the "Units"), at a purchase price of $12,000 per Unit for an aggregate purchase pric
- $276,000 — Unit for an aggregate purchase price of $276,000 (the "Private Placement Offering"). Eac
- $195,200 — ment Agent received cash commissions of $195,200, representing 10.0% of the gross purcha
Filing Documents
- forms-1a.htm (S-1/A) — 2425KB
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- 0001493152-25-003482.txt ( ) — 40590KB
- copr-20240731.xsd (EX-101.SCH) — 43KB
- copr-20240731_cal.xml (EX-101.CAL) — 46KB
- copr-20240731_def.xml (EX-101.DEF) — 228KB
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USE OF PROCEEDS
USE OF PROCEEDS 14 DETERMINATION OF OFFERING PRICE 14 MARKET PRICE OF AND DIVIDENDS ON THE COMPANY'S COMMON EQUITY AND RELATED STOCKHOLDER MATTERS 14 SELLING STOCKHOLDERS 15 PLAN OF DISTRIBUTION 22
MANAGEMENT'S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS OF OPERATIONS
MANAGEMENT'S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS OF OPERATIONS 24 DESCRIPTION OF BUSINESS 30 MANAGEMENT 44
SECURITY OWNERSHIP OF CERTAIN BENEFICIAL OWNERS AND MANAGEMENT
SECURITY OWNERSHIP OF CERTAIN BENEFICIAL OWNERS AND MANAGEMENT 48
DESCRIPTION OF SECURITIES
DESCRIPTION OF SECURITIES 50 SHARES ELIGIBLE FOR FUTURE SALE 53 LEGAL MATTERS 54 EXPERTS 54 DISCLOSURE OF COMMISSION POSITION ON INDEMNIFICATION FOR SECURITIES ACT LIABILITIES 54 WHERE YOU CAN FIND MORE INFORMATION 54 INDEX TO CONSOLIDATED FINANCIAL STATEMENTS OF IDAHO COPPER CORPORATION, INC. F-1 i ABOUT THIS PROSPECTUS This prospectus is part of a registration statement on Form S-1 that we filed with the U.S. Securities and Exchange Commission (the "Commission"). You should read this prospectus and the information and documents incorporated herein by reference carefully. Such documents contain important information you should consider when making your investment decision. See " Where You Can Find Additional Information " in this prospectus. Neither we nor the Selling Stockholders have authorized anyone to provide you with a ny information other than in this prospectus . If anyone provides you with additional, different or inconsistent information, you should not rely on it. We take no responsibility for, and can provide no assurances as to the reliability of, any other information that others may give you. You should assume that the information in this prospectus is accurate only as of the date hereof. Our business, financial condition, results of operations and prospects may have changed since that date. Neither we nor the Selling Stockholders are making an offer to sell these securities in any jurisdiction where the offer or sale is not permitted. No action is being taken in any jurisdiction outside the United States to permit a public offering of our securities or possession or distribution of this prospectus in that jurisdiction. Persons who come into possession of this prospectus in jurisdictions outside the United States are required to inform themselves about and to observe any restrictions as to this offering and the distribution of this prospectus applicable to those jurisdictions. CAUTIONARY NOTE REGARDING FORWARD-LOOKING S
Use of proceeds
Use of proceeds We will not receive any proceeds from the sale of the Common Stock. However, to the extent that the Warrants held by the Selling Stockholders are exercised for cash, we will receive the payment of the exercise price in connection with such exercise.
Risk Factors
Risk Factors See the discussion under the caption "Risk Factors" and other information in this Prospectus for a discussion of factors you should carefully consider before deciding to invest in our Common Stock. 5 RISK FACTORS Investing in our Common Stock involves a high degree of risk. Before investing in our Common Stock, you should carefully consider the risks described below, as well as the other information in this prospectus, including our consolidated financial statements and the related notes. In addition, we may face additional risks and uncertainties not currently known to us, or which as of the date of this registration statement we might not consider significant, which may adversely affect our business. If any of the following risks occur, our business, financial condition and results of operations could be materially adversely affected. In such case, the trading price of our Common Stock could decline due to any of these risks or uncertainties, and you may lose part or all of your investment. Risks Related to Capital Structure Our Common Stock is currently quoted on the Pink tier of OTC Markets Group Inc., an over-the-counter quotation system, under the symbol "COPR." The trading price of the Company's securities could be subject to wide fluctuations, in response to quarterly variations in its operating results, announcements by the Company or others, developments affecting it, and other events or factors. In addition, the stock market has experienced extreme price and volume fluctuations in recent years. These fluc