Maitong Sunshine Cultural Development Co., Ltd Files S-1/A Amendment

TL;DR

<b>Maitong Sunshine Cultural Development Co., Ltd has filed an S-1/A amendment for a delayed securities offering.</b>

AI Summary

Maitong Sunshine Cultural Development Co., Ltd (MGSD) filed a Amended IPO Registration (S-1/A) with the SEC on March 12, 2024. Maitong Sunshine Cultural Development Co., Ltd filed an S-1/A amendment on March 12, 2024. The company is incorporated in Nevada with its principal executive offices in Beijing, China. The filing is under the Securities Act of 1933, with registration number 333-276152. Maitong Sunshine is classified as a smaller reporting company and an emerging growth company. The filing indicates an offering of securities on a delayed or continuous basis pursuant to Rule 415.

Why It Matters

For investors and stakeholders tracking Maitong Sunshine Cultural Development Co., Ltd, this filing contains several important signals. This S-1/A filing is a procedural step for Maitong Sunshine to register securities for a future offering, indicating potential capital raising activities. As a smaller reporting and emerging growth company, this filing provides updated information to the SEC and potential investors about the company's status and offering plans.

Risk Assessment

Risk Level: low — Maitong Sunshine Cultural Development Co., Ltd shows low risk based on this filing. The filing is an S-1/A amendment, which is a routine update for a registration statement and does not contain new financial performance data or significant business developments.

Analyst Insight

Monitor for subsequent filings that may provide more details on the securities offering and the company's financial health.

Key Numbers

• S-1/A — Form Type (Amendment to registration statement)
• 2024-03-12 — Filing Date (Date of amendment filing)
• 333-276152 — SEC File Number (Registration number)
• Rule 415 — Securities Act Rule (Governs delayed or continuous offerings)

Key Players & Entities

• Maitong Sunshine Cultural Development Co., Ltd (company) — Registrant
• United Corporate Services, Inc. (company) — Agent for service
• Robert Brantl, Esq. (person) — Copy to
• NV (company) — State of incorporation
• Beijing (company) — Principal executive offices location
• 333-276152 (regulator) — SEC File Number
• 0002003750 (company) — Central Index Key
• 934332287 (company) — IRS Number

FAQ

Industry Context

The company operates in the transportation services sector, as indicated by its SIC code.

Regulatory Implications

The filing is made under the Securities Act of 1933, which governs the registration of securities.

What Investors Should Do

1. Review the full S-1/A filing for any specific details on the proposed securities offering.
2. Track future SEC filings from Maitong Sunshine for updates on their business and financial status.
3. Research the company's industry and competitive landscape within transportation services.

Key Dates

• 2024-03-12: Filing of S-1/A Amendment — Updates registration statement for securities offering

Year-Over-Year Comparison

This is an amendment to a previously filed registration statement, indicating ongoing regulatory processes rather than a new filing.

Key Financial Figures

• $1.00 — HARES OF COMMON STOCK OFFERING PRICE: $1.00 PER SHARE This prospectus relates to

Filing Documents

• ea0201540-s1a3_maitongsun.htm (S-1/A) — 985KB
• ea020154001ex5-2_maitongsun.htm (EX-5.2) — 29KB
• image_001.jpg (GRAPHIC) — 5KB
• image_002.jpg (GRAPHIC) — 11KB
• image_003.jpg (GRAPHIC) — 3KB
• ex5-2_001.jpg (GRAPHIC) — 2KB
• 0001213900-24-021565.txt (&nbsp;) — 1045KB

Forward-Looking Statements

Forward-Looking Statements 30

Use of Proceeds

Use of Proceeds 30 Determination of the Offering Price 30 Exchange Rate Information 31 Market for our Common Stock 31 Dividend Policy 31 Management&rsquo;s Discussion and Analysis of Financial Condition and Results of Operations 32 Business of the Company 36 Reports to Security Holders 44 Management 44

Executive Compensation

Executive Compensation 46 Certain Relationships and Related Party Transactions 47 Plan of Distribution 48 Selling Shareholders 50

Security Ownership of Certain Beneficial Owners

Security Ownership of Certain Beneficial Owners and Management 51

Description of Capital Stock

Description of Capital Stock 52 Shares Eligible for Future Resale 55 Experts 55 Legal Matters 55 Where You Can Find Additional Information 55 Disclosure of Commission Position on Indemnity 55 Index to Consolidated Financial Statements F-1 - F-29 This prospectus is part of a registration statement that we filed with the Securities and Exchange Commission. You should rely only on the information contained in this prospectus or to which we have referred you. We have not authorized anyone to provide you with information or to make any representation on behalf of Maitong Sunshine Cultural Development Co., Limited that is different from that contained in this prospectus. You should not rely on any unauthorized information or representation. This prospectus is an offer to sell only the securities offered by this prospectus under circumstances and in jurisdictions where it is lawful to do so. The information in this prospectus is accurate only as of the date of this prospectus, regardless of the date of delivery of this prospectus or of any sales of these securities. Our business, financial condition, results of operations and prospects may have changed since the date of this prospectus. This prospectus may be used only in jurisdictions where it is legal to sell these securities. i PROSPECTUS SUMMARY This summary highlights certain information contained elsewhere in this prospectus. You should read the entire prospectus carefully, including our financial statements and related notes, and especially the &ldquo;Risk Factors&rdquo; beginning on page 14. All references to &ldquo;we,&rdquo; &ldquo;us,&rdquo; &ldquo;our,&rdquo; &ldquo;Company&rdquo; or similar terms used in this prospectus refer to Maitong Sunshine Cultural Development Co., Limited and its consolidated subsidiaries. Unless otherwise indicated, the term &ldquo;fiscal year&rdquo; refers to our fiscal year ending September 30. Unless otherwise indicated, the term &ldquo;common stock&

View Full Filing

View this S-1/A filing on SEC EDGAR