Oriental Rise Holdings Closes IPO
Ticker: ORIS · Form: 6-K · Filed: Oct 23, 2024 · CIK: 1964664
| Field | Detail |
|---|---|
| Company | Oriental Rise Holdings Ltd (ORIS) |
| Form Type | 6-K |
| Filed Date | Oct 23, 2024 |
| Risk Level | medium |
| Pages | 1 |
| Reading Time | 2 min |
| Key Dollar Amounts | $0.0008, $4.00, $7,000,000, $1,050,000 |
| Sentiment | neutral |
Sentiment: neutral
Topics: ipo, offering, agriculture
TL;DR
Oriental Rise Holdings just closed its IPO on Oct 18th. Shares are trading!
AI Summary
Oriental Rise Holdings Limited closed its initial public offering (IPO) of ordinary shares on October 18, 2024. The company, registered in the Cayman Islands, offered shares with a par value of $0.0008 each. The IPO was conducted under a registration statement on Form F-1, as amended.
Why It Matters
The successful completion of an IPO marks a significant milestone for Oriental Rise Holdings, potentially providing capital for growth and increasing its public profile.
Risk Assessment
Risk Level: medium — As a newly public company from an IPO, Oriental Rise Holdings faces inherent risks related to market reception, execution of its business plan, and financial performance.
Key Numbers
- $0.0008 — Par Value per Share (This is the nominal value assigned to each ordinary share offered in the IPO.)
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 of ordinary shares
- Form F-1 (document) — Registration statement form used for the IPO
FAQ
What is the total number of shares offered in the IPO?
The filing does not specify the total number of shares offered in the IPO, only the par value per share.
What was the offering price of the shares?
The filing states the par value per share is $0.0008, but does not explicitly mention the offering price.
What is the primary business of Oriental Rise Holdings Limited?
The filing lists the Standard Industrial Classification as 'AGRICULTURE PRODUCTION - CROPS [0100]', indicating their business is related to crop production.
Where is Oriental Rise Holdings Limited based?
Oriental Rise Holdings Limited is based in the People's Republic of China, with its principal executive offices located at No. 48 Xianyu Road, Shuangcheng Town, Zherong County, Ningde City, Fujian Province.
Under which form was the IPO registration statement filed?
The IPO was conducted pursuant to a registration statement on Form F-1, as amended (File No. 333-274976).
Filing Stats: 406 words · 2 min read · ~1 pages · Grade level 12.6 · Accepted 2024-10-23 14:51:41
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. Under the Underwriting Agreement, the
- $1,050,000 — losed on October 23, 2024, resulting in $1,050,000 in additional gross proceeds from the O
Filing Documents
- ea0218422-6k_oriental.htm (6-K) — 12KB
- ea021842201ex99-1_oriental.htm (EX-99.1) — 7KB
- 0001213900-24-089927.txt ( ) — 20KB
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 23, 2024 Oriental Rise Holdings Limited By: /s/ Dezhi Liu Dezhi Liu Chief Executive Officer 2 EXHIBIT INDEX Exhibit Number Description 99.1 Press Release 3