TriUnity Business Services Ltd Files S-1 for Public Offering

Ticker: ITXP · Form: S-1 · Filed: Oct 8, 2024 · CIK: 2025878

Sentiment: neutral

Topics: ipo, registration-statement, sec-filing

TL;DR

TriUnity Business Services Ltd is going public, filing an S-1 for a public offering.

AI Summary

TriUnity Business Services Ltd, incorporated in Nevada, filed an S-1 registration statement on October 8, 2024, to offer securities to the public. The company's principal executive offices are located in Kuala Lumpur, Malaysia. The filing indicates an intention to offer securities on a delayed or continuous basis.

Why It Matters

This S-1 filing signals TriUnity Business Services Ltd's intent to become a publicly traded company, which could lead to increased capital availability and liquidity for its shares.

Risk Assessment

Risk Level: medium — As a newly public company filing an S-1, there is inherent uncertainty regarding its business model, financial stability, and market reception.

Key Numbers

Key Players & Entities

FAQ

What type of securities is TriUnity Business Services Ltd registering?

The S-1 filing does not specify the exact type of securities being registered, only that they are intended for a public offering.

When is the proposed sale of securities expected to commence?

The proposed sale is expected to commence 'As soon as practicable after this Registration Statement becomes effective'.

Is this offering being conducted on a delayed or continuous basis?

Yes, the filing explicitly checks the box indicating the securities are to be offered on a delayed or continuous basis pursuant to Rule 415.

What is the company's fiscal year end?

The company's fiscal year ends on July 31.

Where are TriUnity Business Services Ltd's principal executive offices located?

The principal executive offices are located at BO1-A-09, Menara 2, KL Eco City, 3, Jalan Bangsar, 59200 Kuala Lumpur, Malaysia.

Filing Stats: 4,595 words · 18 min read · ~15 pages · Grade level 13.3 · Accepted 2024-10-08 12:56:24

Key Financial Figures

Filing Documents

PROSPECTUS

PART I PROSPECTUS PAGE PROSPECTUS SUMMARY 1 RISK FACTORS 4 SUMMARY OF OUR FINANCIAL INFORMATION 12 MANAGEMENT’S DISCUSSION AND ANALYSIS 14 INDUSTRY OVERVIEW 15 FORWARD-LOOKING 16 DESCRIPTION OF BUSINESS 16

USE OF PROCEEDS

USE OF PROCEEDS 18 DETERMINATION OF OFFERING PRICE 18

DILUTION

DILUTION 19 PLAN OF DISTRIBUTION 20 DESCRIPTION OF SECURITIES 21 INTERESTS OF NAMED EXPERTS AND COUNSEL 22 REPORTS TO SECURITIES HOLDERS 22 DESCRIPTION OF FACILITIES 22 LEGAL PROCEEDINGS 23 PATENTS AND TRADEMARKS 23 DIRECTORS AND EXECUTIVE OFFICERS 23 EXECUTIVE COMPENSATION 24 SECURITY 26 CERTAIN RELATIONSHIPS AND RELATED TRANSACTIONS 26 PRINCIPAL ACCOUNTING FEES AND SERVICES 26 MATERIAL CHANGES 26 FINANCIAL F1-F9

INFORMATION

PART II. INFORMATION NOT REQUIRED IN PROSPECTUS OTHER EXPENSES OF ISSUANCE AND DISTRIBUTION 27 INDEMNIFICATION OF OFFICERS AND DIRECTORS 27 RECENT SALES OF UNREGISTERED SECURITIES 28 EXHIBITS TO THE REGISTRATION STATEMENT 28 UNDERTAKINGS 29

SIGNATURES

SIGNATURES 30 You should rely only on the information contained in this prospectus or contained in any free writing prospectus filed with the Securities and Exchange Commission. We have not authorized anyone to provide you with additional information or information different from that contained in this prospectus filed with the Securities and Exchange Commission. We take no responsibility for, and can provide no assurance as to the reliability of, any other information that others may give you. We are offering to sell, and seeking offers to buy, our common stock only in jurisdictions where offers and sales are permitted. The information contained in this prospectus is accurate only as of the date of this prospectus, regardless of the time of delivery of this prospectus or any sale of shares of our common stock. Our business, financial condition, results of operations and prospects may have changed since that date. Through October 31, 2025, all dealers that effect transactions in these securities, whether or not participating in this offering, may be required to deliver a prospectus. This is in addition to the dealers' obligation to deliver a prospectus when acting as underwriters and with respect to their unsold allotments or subscriptions. The date of this prospectus is October 8, 2024. Table of Contents PROSPECTUS SUMMARY In this Prospectus, “TriUnity,” “the Issuer,” the “Company,” “we,” “us,” and “our,” refer to TriUnity Business Services Limited, unless the context otherwise requires. Unless otherwise indicated, the term ''fiscal year'' refers to our fiscal year ending July 31 th . Unless otherwise indicated, the term ''common stock'' refers to shares of the Company's common stock. This Prospectus, and any supplement to this Prospectus include “forward-looking statements”. To the extent that the information presented in this Prospectus discusses financial projections

RISK FACTORS

RISK FACTORS Please consider the following risk factors and other information in this prospectus relating to our business before deciding to invest in our common stock. This offering and any investment in our common stock involves a high degree of risk. You should carefully consider the risks described below and all of the information contained in this prospectus before deciding whether to purchase our common stock. If any of the following risks actually occur, our business, financial condition and results of operations could be harmed. The trading price of our common stock could decline due to any of these risks, and you may lose all or part of your investment. We consider the following to be the material risks for an investor regarding this offering. Our company should be viewed as a high-risk investment and speculative in nature. An investment in our common stock may result in a complete loss of the invested amount. An investment in our common stock is highly speculative, and should only be made by persons who can afford to lose their entire investment in us. You should carefully consider the following risk factors and other information in this report before deciding to become a holder of our common stock. If any of the following risks actually occur, our business and financial results could be negatively affected to a significant extent. Risks Relating to Our Company and Our Industry It is possible that our bookkeeping, accounting, and administrative services may not generate as much interest from potential clients as we anticipate. Although we constantly seek to modify our services in order to remain competitive, it is possible that our current available services may not meet the needs of, or generate interest from, potential clients in our target demographic. As is typically the case, the needs of the marketplace see rapid shifts and evolutions. If we cannot appropriately anticipate what services will generate demand and market acceptance then we are

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