OneMeta Inc. Files S-1 with SEC
Ticker: ONEI · Form: S-1 · Filed: Dec 20, 2024 · CIK: 1388295
| Field | Detail |
|---|---|
| Company | Onemeta INC. (ONEI) |
| Form Type | S-1 |
| Filed Date | Dec 20, 2024 |
| Risk Level | medium |
| Pages | 15 |
| Reading Time | 17 min |
| Key Dollar Amounts | $0.0001, $58.9 billion |
| Sentiment | neutral |
Sentiment: neutral
Topics: S-1, SEC filing, company information
TL;DR
OneMeta Inc. (fka WebSafety) filed S-1. Looks like they're gearing up for something big.
AI Summary
OneMeta Inc., formerly WebSafety, Inc., filed an S-1 form on December 20, 2024. The company, incorporated in Nevada, is in the computer processing and data preparation services sector. Its business address is 1 Hampshire Court, Newport Beach, CA 92660. The filing indicates financial data for periods ending December 31, 2022, 2023, and September 30, 2024.
Why It Matters
This S-1 filing signals OneMeta Inc.'s intention to potentially go public or offer new securities, providing investors with crucial financial and operational details.
Risk Assessment
Risk Level: medium — As an S-1 filing, it indicates a company preparing for a significant financial event like an IPO, which inherently carries market and execution risks.
Key Numbers
- 1231 — Fiscal Year End (Indicates the end of the company's financial year.)
- 20241220 — Filing Date (The date the S-1 form was submitted to the SEC.)
- 2024-09-30 — Most Recent Interim Period End (Marks the end of the latest reported financial period.)
Key Players & Entities
- OneMeta Inc. (company) — Filer
- WebSafety, Inc. (company) — Former company name
- NV (state) — State of incorporation
- 1 Hampshire Court, Newport Beach, CA 92660 (address) — Business and mailing address
- 949-642-7816 (phone_number) — Business phone number
- 20241220 (date) — Filing date
- 333-283974 (sec_file_number) — SEC file number
FAQ
What is the primary business of OneMeta Inc.?
OneMeta Inc. is in the SERVICES-COMPUTER PROCESSING & DATA PREPARATION sector, SIC code 7374.
When was OneMeta Inc. incorporated?
OneMeta Inc. was incorporated in Nevada (NV).
What were the previous names of OneMeta Inc.?
OneMeta Inc. was formerly known as WebSafety, Inc., Blindspot Alert, Inc., and Promotions on Wheels Holdings, Inc.
What is the business address of OneMeta Inc.?
The business address is 1 Hampshire Court, Newport Beach, CA 92660.
What is the SEC file number associated with this filing?
The SEC file number is 333-283974.
Filing Stats: 4,365 words · 17 min read · ~15 pages · Grade level 16.9 · Accepted 2024-12-20 16:06:36
Key Financial Figures
- $0.0001 — of common stock in this offering minus $0.0001. The Pre-Funded Warrants will be immedi
- $58.9 billion — positioned to capitalize on the growing $58.9 billion language services market (as estimated
Filing Documents
- forms-1.htm (S-1) — 2556KB
- ex3-1.htm (EX-3.1) — 143KB
- ex3-2.htm (EX-3.2) — 236KB
- ex10-2.htm (EX-10.2) — 172KB
- ex10-3.htm (EX-10.3) — 298KB
- ex10-4.htm (EX-10.4) — 21KB
- ex10-5.htm (EX-10.5) — 93KB
- ex10-6.htm (EX-10.6) — 128KB
- ex21-1.htm (EX-21.1) — 2KB
- ex23-1.htm (EX-23.1) — 2KB
- ex107.htm (EX-FILING FEES) — 21KB
- audit_001.jpg (GRAPHIC) — 7KB
- forms-1_001.jpg (GRAPHIC) — 7KB
- forms-1_002.jpg (GRAPHIC) — 4KB
- forms-1_003.jpg (GRAPHIC) — 160KB
- forms-1_004.jpg (GRAPHIC) — 69KB
- forms-1_005.jpg (GRAPHIC) — 62KB
- forms-1_006.jpg (GRAPHIC) — 69KB
- forms-1_007.jpg (GRAPHIC) — 87KB
- forms-1_009.jpg (GRAPHIC) — 163KB
- forms-1_010.jpg (GRAPHIC) — 179KB
- forms-1_011.jpg (GRAPHIC) — 172KB
- forms-1_012.jpg (GRAPHIC) — 155KB
- forms-1_013.jpg (GRAPHIC) — 227KB
- forms-1_014.jpg (GRAPHIC) — 228KB
- forms-1_015.jpg (GRAPHIC) — 222KB
- ex23-1_001.jpg (GRAPHIC) — 9KB
- 0001493152-24-051052.txt ( ) — 13747KB
- onei-20240930.xsd (EX-101.SCH) — 33KB
- onei-20240930_cal.xml (EX-101.CAL) — 39KB
- onei-20240930_def.xml (EX-101.DEF) — 229KB
- onei-20240930_lab.xml (EX-101.LAB) — 325KB
- onei-20240930_pre.xml (EX-101.PRE) — 275KB
- forms-1_htm.xml (XML) — 960KB
Underwriting
Underwriting discounts and commissions (1) $ $ $ Proceeds, before expenses, to us $ $ $ (1)
Underwriting
Underwriting discounts and commissions do not include a non-accountable expense allowance equal to 1.0% of the public offering price payable to the underwriters. See "Underwriting" for additional information regarding underwriters' compensation. We have granted a 45-day option to the representative of the underwriters to purchase up to additional shares of common stock and/or Pre-Funded Warrants solely to cover over-allotments, if any. The underwriters expect to deliver the shares to purchasers on or about , 2025. ThinkEquity The date of this prospectus is , 2025 TABLE OF CONTENTS Page ABOUT THIS PROSPECTUS ii MARKET DATA iii CAUTIONARY STATEMENT REGARDING FORWARD-LOOKING STATEMENTS iv PROSPECTUS SUMMARY 1 THE OFFERING 7
USE OF PROCEEDS
USE OF PROCEEDS 22 DIVIDEND POLICY 23 CAPITALIZATION 24
MANAGEMENT'S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS OF OPERATIONS
MANAGEMENT'S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS OF OPERATIONS 26 DESCRIPTION OF BUSINESS 34 OUR MANAGEMENT 39
EXECUTIVE COMPENSATION
EXECUTIVE COMPENSATION 44 CERTAIN RELATIONSHIPS AND RELATED PERSON TRANSACTIONS 49
SECURITY OWNERSHIP OF CERTAIN BENEFICIAL OWNERS AND MANAGEMENT
SECURITY OWNERSHIP OF CERTAIN BENEFICIAL OWNERS AND MANAGEMENT 51
DESCRIPTION OF SECURITIES
DESCRIPTION OF SECURITIES 52 SHARES ELIGIBLE FOR FUTURE SALE 57 MATERIAL U.S. FEDERAL INCOME TAX CONSIDERATIONS FOR NON-U.S. HOLDERS OF COMMON STOCK 60
UNDERWRITING
UNDERWRITING 64 LEGAL MATTERS 72 EXPERTS 72 WHERE YOU CAN FIND MORE INFORMATION 72 INDEX TO FINANCIAL STATEMENTS F-1 i ABOUT THIS PROSPECTUS Throughout this prospectus, unless otherwise designated or the context suggests otherwise, all references to the "Company," the "registrant," "OneMeta," "we," "our," or "us" collectively refer to OneMeta Inc., a Nevada corporation, and its subsidiaries; all references to the "offering" refer to the public offering contemplated by this prospectus; "year" or "fiscal year" mean the Company's fiscal year ending December 31; and all dollar or $ references when used in this prospectus refer to United States dollars. The registration statement of which this prospectus forms a part that we have filed with the U.S. Securities and Exchange Commission (the "SEC") includes exhibits that provide more detail of the matters discussed in this prospectus. You should read this prospectus and the related exhibits filed with the SEC, together with the additional information described under the heading " Where You Can Find More Information ," before making your investment decision. You should rely only on the information provided in this prospectus or in any prospectus supplement or any free writing prospectuses or amendments thereto, or to which we have referred you, before making your investment decision. Neither we nor the underwriters have authorized anyone to provide you with information different from, or in addition to, that contained in this prospectus or any related free writing prospectus. If anyone provides you with different or inconsistent information, you should not rely on it. This prospectus, any prospectus supplement, or any free writing prospectuses or amendments thereto do not constitute an offer to sell, or a solicitation of an offer to purchase, the shares of common stock offered by this prospectus, any prospectus supplement or any free writing prospectuses or amendments thereto in any jurisdictio