Decent Holding Inc. Prices 1.25M Share IPO
Ticker: DXST · Form: 6-K · Filed: Jan 24, 2025 · CIK: 1958133
| Field | Detail |
|---|---|
| Company | Decent Holding Inc. (DXST) |
| Form Type | 6-K |
| Filed Date | Jan 24, 2025 |
| Risk Level | medium |
| Pages | 2 |
| Reading Time | 2 min |
| Key Dollar Amounts | $0.0001, $4.00 |
| Sentiment | neutral |
Sentiment: neutral
Topics: ipo, underwriting-agreement, shares
TL;DR
Decent Holding Inc. is selling 1.25M shares in an IPO via Craft Capital Management.
AI Summary
On January 21, 2025, Decent Holding Inc. entered into an underwriting agreement with Craft Capital Management LLC to sell 1,250,000 ordinary shares in an initial public offering (IPO). The company is a Cayman Islands exempted company with principal executive offices in Yantai, Shandong Province, China.
Why It Matters
This filing indicates Decent Holding Inc. is proceeding with an initial public offering, which could provide the company with capital for growth and increase its public float.
Risk Assessment
Risk Level: medium — The company is undergoing an IPO, which carries inherent risks related to market reception, valuation, and execution.
Key Numbers
- 1,250,000 — Ordinary Shares (Number of shares to be sold in the initial public offering.)
Key Players & Entities
- Decent Holding Inc. (company) — Filer of the 6-K report and issuer of shares
- Craft Capital Management LLC (company) — Representative of the underwriters for the IPO
- 1,250,000 (dollar_amount) — Number of ordinary shares to be sold in the IPO
- January 21, 2025 (date) — Date of the underwriting agreement
FAQ
What is the par value of the ordinary shares being offered?
The par value of the ordinary shares being offered is $0.0001.
What is the filing date of this 6-K report?
This 6-K report was filed on January 24, 2025.
Which company is acting as the representative of the underwriters?
Craft Capital Management LLC is acting as the representative of the underwriters.
What type of company is Decent Holding Inc.?
Decent Holding Inc. is a Cayman Islands exempted company.
What is the SIC code for Decent Holding Inc.?
The Standard Industrial Classification (SIC) code for Decent Holding Inc. is 4950 (Sanitary Services).
Filing Stats: 505 words · 2 min read · ~2 pages · Grade level 12 · Accepted 2025-01-24 16:37:47
Key Financial Figures
- $0.0001 — of 1,250,000 ordinary shares, par value $0.0001 per share (the “Shares”), a
- $4.00 — uo;Shares”), at offering price of $4.00 per share. The Company has also granted
Filing Documents
- ea0228570-6k_decent.htm (6-K) — 13KB
- ea022857001ex1-1_decent.htm (EX-1.1) — 221KB
- ea022857001ex99-1_decent.htm (EX-99.1) — 10KB
- ea022857001ex99-2_decent.htm (EX-99.2) — 10KB
- ex99-1_001.jpg (GRAPHIC) — 10KB
- ex99-2_001.jpg (GRAPHIC) — 10KB
- 0001213900-25-006556.txt ( ) — 283KB
SIGNATURES
SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized. Decent Holding Inc. Date: January 24, 2025 By: /s/ Haicheng Xu Name: Haicheng Xu Title: Chief Executive Officer 2 EXHIBIT INDEX Exhibit No. Description 1.1
Underwriting
Underwriting Agreement dated January 21, 2025 between the Company and Craft Capital Management LLC as representative of the several underwriters 99.1 Press Release on Pricing of the Company’s Initial Public Offering 99.2 Press Release on Closing of the Company’s Initial Public Offering 3