Oriental Rise Holdings Closes IPO
Ticker: ORIS · Form: 6-K · Filed: Oct 18, 2024 · CIK: 1964664
| Field | Detail |
|---|---|
| Company | Oriental Rise Holdings Ltd (ORIS) |
| Form Type | 6-K |
| Filed Date | Oct 18, 2024 |
| Risk Level | medium |
| Pages | 1 |
| Reading Time | 2 min |
| Key Dollar Amounts | $0.0008, $4.00, $7,000,000, $5,732,847, $500,000 |
| Sentiment | neutral |
Sentiment: neutral
Topics: ipo, public-offering, company-announcement
TL;DR
Oriental Rise Holdings just closed its IPO, shares are now trading!
AI Summary
Oriental Rise Holdings Limited announced the closing of its initial public offering (IPO) on October 18, 2024. The company offered ordinary shares with a par value of $0.0008 per share as part of this offering, which was registered on Form F-1. The filing does not specify the number of shares offered or the total amount raised.
Why It Matters
The closing of an IPO signifies a company's transition to being publicly traded, allowing for greater access to capital and increased scrutiny from investors.
Risk Assessment
Risk Level: medium — As a newly public company, Oriental Rise Holdings faces the inherent risks associated with market volatility and establishing its public market valuation.
Key Players & Entities
- Oriental Rise Holdings Limited (company) — Registrant and issuer of shares
- October 18, 2024 (date) — Date of IPO closing
- $0.0008 (dollar_amount) — Par value per ordinary share
- Form F-1 (document) — Registration statement for the offering
FAQ
What is the ticker symbol for Oriental Rise Holdings Limited?
The ticker symbol is not provided in this 6-K filing.
How many shares were offered in the IPO?
The filing states that ordinary shares were offered but does not specify the exact number of shares.
What was the total amount raised in the IPO?
The filing announces the closing of the IPO but does not disclose the total amount of capital raised.
Where is Oriental Rise Holdings Limited's principal executive office located?
The principal executive offices are located at No. 48 Xianyu Road, Shuangcheng Town, Zherong County, Ningde City, Fujian Province, People's Republic of China.
Under which act was this filing made?
This filing was made pursuant to Rule 13a-16 or 15d-16 of the Securities Exchange Act of 1934.
Filing Stats: 401 words · 2 min read · ~1 pages · Grade level 12 · Accepted 2024-10-18 15:41:56
Key Financial Figures
- $0.0008 — g”) of ordinary shares, par value $0.0008 per share (the “Shares”). T
- $4.00 — ,750,000 Shares at an offering price of $4.00 per share for gross proceeds of $7,000,
- $7,000,000 — f $4.00 per share for gross proceeds of $7,000,000. The net proceeds to the Company from t
- $5,732,847 — wance, and expenses, were approximately $5,732,847. Following the closing of the Offering,
- $500,000 — of the Offering, the Company deposited $500,000 from the gross proceeds from the Offeri
Filing Documents
- ea0217976-6k_oriental.htm (6-K) — 11KB
- ea021797601ex10-1_oriental.htm (EX-10.1) — 133KB
- ea021797601ex99-1_oriental.htm (EX-99.1) — 8KB
- ex10-1_001.jpg (GRAPHIC) — 7KB
- 0001213900-24-088921.txt ( ) — 163KB
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. Date: October 18, 2024 Oriental Rise Holdings Limited By: /s/ Dezhi Liu Dezhi Liu Chief Executive Officer 2 EXHIBIT INDEX Exhibit Number Description 10.1 Escrow Agreement 99.1 Press Release 3