Dror Ortho-Design, Inc. Files Amendment No. 1 to S-1 Registration Statement
Ticker: DROR · Form: S-1/A · Filed: Apr 17, 2024 · CIK: 1282980
Sentiment: neutral
Topics: S-1/A, Registration Statement, Securities Act of 1933, Public Offering, Dror Ortho-Design
TL;DR
<b>Dror Ortho-Design, Inc. has filed an amendment to its S-1 registration statement, indicating potential delayed or continuous offering of securities.</b>
AI Summary
Dror Ortho-Design, Inc. (DROR) filed a Amended IPO Registration (S-1/A) with the SEC on April 17, 2024. Dror Ortho-Design, Inc. filed an S-1/A (Amendment No. 1) on April 17, 2024. The company is incorporated in Delaware and has its principal executive offices in Jerusalem, Israel. The filing relates to a registration statement under the Securities Act of 1933. The company's IRS Employer Identification Number is 85-0461778. The filing indicates the securities may be offered on a delayed or continuous basis.
Why It Matters
For investors and stakeholders tracking Dror Ortho-Design, Inc., this filing contains several important signals. This amendment provides updated information for potential investors regarding the company's securities offering. The S-1/A filing is a crucial step for companies intending to go public or conduct further public offerings.
Risk Assessment
Risk Level: low — Dror Ortho-Design, Inc. shows low risk based on this filing. The filing is an amendment to an S-1 registration statement, which is a preliminary step for a public offering and does not contain detailed financial performance or operational data that would indicate immediate risk.
Analyst Insight
Monitor future filings for the effectiveness of the registration statement and details of the securities offering.
Key Numbers
- 333-276981 — Registration Number (S-1 Registration Statement)
- 20240417 — Filing Date (Amendment No. 1)
- 850461778 — IRS Employer Identification Number (Dror Ortho-Design, Inc.)
Key Players & Entities
- Dror Ortho-Design, Inc. (company) — Registrant
- NOVINT TECHNOLOGIES INC (company) — Former company name
- Eliyahu (Lee) Haddad (person) — Chief Executive Officer
- Haynes and Boone, LLP (company) — Legal counsel
- Securities Act of 1933 (regulator) — Act under which registration is filed
FAQ
When did Dror Ortho-Design, Inc. file this S-1/A?
Dror Ortho-Design, Inc. filed this Amended IPO Registration (S-1/A) with the SEC on April 17, 2024.
What is a S-1/A filing?
A S-1/A is a amendment to an IPO registration statement, typically incorporating SEC feedback. This particular S-1/A was filed by Dror Ortho-Design, Inc. (DROR).
Where can I read the original S-1/A filing from Dror Ortho-Design, Inc.?
You can access the original filing directly on the SEC's EDGAR system. The filing is publicly available and includes all exhibits and attachments submitted by Dror Ortho-Design, Inc..
What are the key takeaways from Dror Ortho-Design, Inc.'s S-1/A?
Dror Ortho-Design, Inc. filed this S-1/A on April 17, 2024. Key takeaways: Dror Ortho-Design, Inc. filed an S-1/A (Amendment No. 1) on April 17, 2024.. The company is incorporated in Delaware and has its principal executive offices in Jerusalem, Israel.. The filing relates to a registration statement under the Securities Act of 1933..
Is Dror Ortho-Design, Inc. a risky investment based on this filing?
Based on this S-1/A, Dror Ortho-Design, Inc. presents a relatively low-risk profile. The filing is an amendment to an S-1 registration statement, which is a preliminary step for a public offering and does not contain detailed financial performance or operational data that would indicate immediate risk.
What should investors do after reading Dror Ortho-Design, Inc.'s S-1/A?
Monitor future filings for the effectiveness of the registration statement and details of the securities offering. The overall sentiment from this filing is neutral.
How does Dror Ortho-Design, Inc. compare to its industry peers?
The filing is related to the dental equipment and supplies industry (SIC 3843).
Are there regulatory concerns for Dror Ortho-Design, Inc.?
The filing is made under the Securities Act of 1933, which governs the registration of securities.
Industry Context
The filing is related to the dental equipment and supplies industry (SIC 3843).
Regulatory Implications
The filing is made under the Securities Act of 1933, which governs the registration of securities.
What Investors Should Do
- Review the full S-1/A filing for detailed information on the proposed securities offering.
- Track the effectiveness date of the registration statement.
- Analyze future financial disclosures once the offering progresses.
Year-Over-Year Comparison
This is an amendment to a previously filed S-1 registration statement.
Filing Stats: 4,526 words · 18 min read · ~15 pages · Grade level 15.1 · Accepted 2024-04-17 16:50:33
Key Financial Figures
- $0.0001 — 6,461 shares of common stock, par value $0.0001 per share ("Common Stock"), of Dror Ort
- $0.011 — rivate transactions at a fixed price of $0.011 per share until our common stock is lis
- $0.005 — ed sales price for our Common Stock was $0.005 per share. Investment in our Common S
- $3,150,000 — inst an aggregated investment amount of $3,150,000 ($150,000 of which was provided prior t
- $150,000 — egated investment amount of $3,150,000 ($150,000 of which was provided prior to the fina
Filing Documents
- ea0203425-s1a1_drorortho.htm (S-1/A) — 1272KB
- ea020342501ex23-1_drorortho.htm (EX-23.1) — 3KB
- image_001.jpg (GRAPHIC) — 15KB
- image_002.jpg (GRAPHIC) — 14KB
- image_003.jpg (GRAPHIC) — 29KB
- image_004.jpg (GRAPHIC) — 44KB
- image_005.jpg (GRAPHIC) — 18KB
- image_006.jpg (GRAPHIC) — 34KB
- image_007.jpg (GRAPHIC) — 7KB
- ex23-1_001.jpg (GRAPHIC) — 4KB
- ex23-1_002.jpg (GRAPHIC) — 34KB
- 0001213900-24-033845.txt ( ) — 5314KB
- dror-20231231.xsd (EX-101.SCH) — 59KB
- dror-20231231_cal.xml (EX-101.CAL) — 28KB
- dror-20231231_def.xml (EX-101.DEF) — 217KB
- dror-20231231_lab.xml (EX-101.LAB) — 424KB
- dror-20231231_pre.xml (EX-101.PRE) — 224KB
- ea0203425-s1a1_drorortho_htm.xml (XML) — 419KB
Use of Proceeds
Use of Proceeds 45 Determination of Offering Price 46 Market for Our Common Stock and Dividends 47
Management's Discussion and Analysis of Financial Condition and Results of Operations
Management's Discussion and Analysis of Financial Condition and Results of Operations 48
Business
Business 55 Management 73
Executive Compensation
Executive Compensation 76
Description of Capital Stock
Description of Capital Stock 83
Security Ownership of Certain Beneficial Owners and Management
Security Ownership of Certain Beneficial Owners and Management 90 Selling Securityholders 92 Certain Relationships and Related Person Transactions 98 Material U.S. Federal Tax Considerations for Holders of Common Stock and Warrants 99 Plan of Distribution 107 Legal Matters 109 Experts 109 Where You Can Find Additional Information 109 Index to Financial Statements F-1 You should rely only on the information contained in this prospectus. No one has been authorized to provide you with information that is different from that contained in this prospectus. This prospectus is dated as of the date set forth on the cover hereof. You should not assume that the information contained in this prospectus is accurate as of any date other than that date. For investors outside of the United States: We have not done anything that would permit this offering or possession or distribution of this prospectus in any jurisdiction where action for that purpose is required, other than in the United States. Persons outside the United States who come into possession of this prospectus must inform themselves about, and observe any restrictions relating to, the offering of our securities and the distribution of this prospectus outside the United This document contains references to trademarks and service marks belonging to other entities. Solely for convenience, trademarks and trade names referred to in this prospectus may appear without the or symbols, but such references are not intended to indicate, in any way, that the applicable licensor will not assert, to the fullest extent under applicable law, its rights to these trademarks and trade names. Dror does not intend its use or display of other companies' trade names, trademarks or service marks to imply a relationship with, or endorsement or sponsorship of Dror by, any other companies. Notwithstanding references thereto in this prospectus, Dror's website is not part of and is not incorporated in the pros