Invech Holdings Inc. Files S-1/A Amendment
Ticker: IVHI · Form: S-1/A · Filed: Jul 24, 2024 · CIK: 1009919
| Field | Detail |
|---|---|
| Company | Invech Holdings, Inc. (IVHI) |
| Form Type | S-1/A |
| Filed Date | Jul 24, 2024 |
| Risk Level | medium |
| Pages | 15 |
| Reading Time | 18 min |
| Key Dollar Amounts | $25,000, $2,083, $64,641, $63,641, $23,641 |
| Sentiment | neutral |
Sentiment: neutral
Topics: sec-filing, s-1/a, registration
TL;DR
Invech Holdings (IVCH) filed an S-1/A amendment, continuing its SEC registration process.
AI Summary
Invech Holdings, Inc. filed an S-1/A amendment on July 24, 2024, for its registration statement. The company, previously known as Amersin Life Sciences Corp, HUBEI PHARMACEUTICAL GROUP LTD, and PAN ASIA COMMUNICATIONS CORP, is incorporated in Nevada and operates in management consulting services. Its principal executive offices are located in Scottsdale, AZ.
Why It Matters
This filing indicates Invech Holdings, Inc. is continuing its process of registering securities, which is a step towards potentially offering them to the public or making other significant corporate actions.
Risk Assessment
Risk Level: medium — S-1/A filings are typically associated with companies seeking to go public or make significant changes to their securities, which inherently carries higher risk.
Key Numbers
- 333-276779 — SEC File Number (Identifies the specific registration statement)
- 0001683168-24-005020 — Accession Number (Unique identifier for the SEC filing)
Key Players & Entities
- Invech Holdings, Inc. (company) — Registrant
- Amersin Life Sciences CORP (company) — Former company name
- HUBEI PHARMACEUTICAL GROUP LTD (company) — Former company name
- PAN ASIA COMMUNICATIONS CORP (company) — Former company name
- Nevada (jurisdiction) — State of incorporation
- Scottsdale, AZ (location) — Principal executive offices address
- Pacific Stock Transfer Co. (company) — Agent for service
- Rhonda Keaveney (person) — Correspondence contact
- 20240724 (date) — Filing date
FAQ
What is the purpose of this S-1/A filing?
This S-1/A filing is an amendment to a registration statement filed under the Securities Act of 1933, indicating Invech Holdings, Inc. is updating or supplementing information related to its securities.
What were the previous names of Invech Holdings, Inc.?
Invech Holdings, Inc. was formerly known as Amersin Life Sciences CORP, HUBEI PHARMACEUTICAL GROUP LTD, and PAN ASIA COMMUNICATIONS CORP.
Where are Invech Holdings, Inc.'s principal executive offices located?
The principal executive offices of Invech Holdings, Inc. are located at 7339 E. Williams Drive Unit 26496, Scottsdale, AZ 85255.
What is the company's Standard Industrial Classification (SIC) code?
The company's SIC code is 8742, which falls under SERVICES-MANAGEMENT CONSULTING SERVICES.
Who is the agent for service for Invech Holdings, Inc.?
The agent for service for Invech Holdings, Inc. is Pacific Stock Transfer Co., located at 6725 Via Austi Parkway Suite 300, Las Vegas, NV 89119.
Filing Stats: 4,518 words · 18 min read · ~15 pages · Grade level 14.2 · Accepted 2024-07-24 08:10:12
Key Financial Figures
- $25,000 — n of operations we require a minimum of $25,000 to maintain websites, email campaigns,
- $2,083 — Our monthly burn rate is approximately $2,083. The month on which we will run out of
- $64,641 — 023, the Company incurred a net loss of $64,641 and used cash of $63,641 for operating
- $63,641 — a net loss of $64,641 and used cash of $63,641 for operating activities. As of Decembe
- $23,641 — ompany had a working capital deficit of $23,641 and an accumulated deficit of $241,199.
- $241,199 — f $23,641 and an accumulated deficit of $241,199. These factors raise substantial doubt
- $30,641 — mber 31, 2023, SCC advanced the Company $30,641 to pay for general operating expenses.
Filing Documents
- invech_s1a6.htm (S-1/A) — 854KB
- invech_ex2301.htm (EX-23.1) — 2KB
- 0001683168-24-005020.txt ( ) — 858KB
RISK FACTORS
RISK FACTORS 6 CAUTIONARY NOTE REGARDING FORWARD-LOOKING STATEMENTS 15 DIVIDEND POLICY 15 MARKET FOR COMMON EQUITY AND RELATED STOCKHOLDER MATTERS 16
USE OF PROCEEDS
USE OF PROCEEDS 16 DETERMINATION OF OFFERING PRICE 16
DILUTION
DILUTION 16 SELLING SECURITY HOLDERS 17 PLAN OF DISTRIBUTION-SELLING STOCKHOLDERS 22
DESCRIPTION OF CAPITAL STOCK
DESCRIPTION OF CAPITAL STOCK 25 LEGAL MATTERS 27 EXPERTS 27 INTERESTS OF NAMED EXPERTS AND COUNSEL 27 MANAGEMENT’S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS OF OPERATIONS 28 DESCRIPTION OF BUSINESS 37 MARKET FOR OUR COMMON STOCK 42 DIRECTORS AND EXECUTIVE OFFICERS 43
EXECUTIVE COMPENSATION
EXECUTIVE COMPENSATION 49 CERTAIN RELATIONSHIPS AND RELATED TRANSACTIONS 50
SECURITY OWNERSHIP OF CERTAIN BENEFICIAL OWNERS AND MANAGEMENT
SECURITY OWNERSHIP OF CERTAIN BENEFICIAL OWNERS AND MANAGEMENT 52 DISCLOSURE OF COMMISSION POSITION ON INDEMNIFICATION FOR SECURITIES ACT LIABILITIES 53 WHERE YOU CAN FIND MORE INFORMATION 56 INDEX TO CONSOLIDATED FINANCIAL STATEMENTS F-1 i ABOUT THIS PROSPECTUS You should rely only on the information contained in this prospectus or contained in any prospectus supplement or free writing prospectus filed with the Securities and Exchange Commission (the “ SEC ”). Neither we nor the selling stockholders have authorized anyone to provide you with additional information or information different from that contained in this prospectus filed with the SEC. The selling stockholders are offering to sell, and seeking offers to buy, shares of 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 of any sale of shares of our common stock. Our business, financial condition, results of operations and prospects may have changed since that date. For investors outside the United States: Neither we nor the selling stockholders have 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 the shares of common stock and the distribution of this prospectus outside the United States. As used in this prospectus, unless otherwise designated, the terms “ we ,” “ us ,” “ our ,” the “ Company ,” “ IVHI ” and “ our Company ” refer to Invech Holdings, Inc., a Nevada corporation. ii CAUTION REGARDING FORWARD-LOOKING STATEMENTS
SUMMARY INFORMATION, RISK FACTORS AND RATIO OF EARNINGS TO FIXED CHARGES
ITEM 3. SUMMARY INFORMATION, RISK FACTORS AND RATIO OF EARNINGS TO FIXED CHARGES We and our business are subject to material risks, which could cause actual results, performance and achievements to differ materially from those anticipated, and the risk factors set forth in the section entitled “ Risk Factors ” beginning on page 6 of this prospectus. These risks can be summarized as follows: Business Related Risks · We have incurred operating losses in some of our historical periods and we could incur additional losses until we successfully integrate acquired practices, improve collections for procedures and reduce operating expenses. · Our capital resources may not be sufficient to meet our capital requirements, and in the absence of additional resources we may have to curtail or cease business operations. · We may encounter substantial competition in the public company compliance consulting industry and our failure to compete effectively may adversely affect our ability to generate revenue. · We may face a number of risks associated with our business services, including the possibility that we may incur substantial debt or convertible debt, which could adversely affect our financial condition. · Our development will depend on the efforts of key management, key personnel and our relationships with operators and other partnerships. · Our officers, directors and principal stockholders own a large percentage of our stock and other stockholders have little or no ability to elect directors or influence corporate matters. Risk Related to our Stock · Our stock trades on an unsolicited basis only, so you may be unable to sell your shares at or near the quoted bid prices if you need to sell a significant number of your shares. · Our common stock is defined as “penny stock” under the Exchange Act, and the rules promulgated thereunder. · We may issue more shares in an