Ozop Energy Solutions Files Amendment to Registration Statement
Ticker: OZSC · Form: S-1/A · Filed: Jan 23, 2024 · CIK: 1679817
| Field | Detail |
|---|---|
| Company | Ozop Energy Solutions, Inc. (OZSC) |
| Form Type | S-1/A |
| Filed Date | Jan 23, 2024 |
| Risk Level | low |
| Pages | 15 |
| Reading Time | 18 min |
| Key Dollar Amounts | $0.0018 |
| Sentiment | neutral |
Complexity: simple
Sentiment: neutral
Topics: Ozop Energy Solutions, S-1/A, Registration Statement, Securities Act of 1933, SEC Filing
TL;DR
<b>Ozop Energy Solutions filed an S-1/A amendment for its registration statement under the Securities Act of 1933.</b>
AI Summary
OZOP ENERGY SOLUTIONS, INC. (OZSC) filed a Amended IPO Registration (S-1/A) with the SEC on January 23, 2024. Ozop Energy Solutions, Inc. filed an S-1/A amendment on January 23, 2024. The filing is for a registration statement under the Securities Act of 1933. The company's principal executive offices are located at 55 Ronald Reagan Blvd., Warwick, NY 10990. The company was formerly known as Ozop Surgical Corp. and Newmarkt Corp. Ozop Energy Solutions is classified as a smaller reporting company and a non-accelerated filer.
Why It Matters
For investors and stakeholders tracking OZOP ENERGY SOLUTIONS, INC., this filing contains several important signals. This amendment indicates the company is continuing its process of registering securities, which could lead to future fundraising or stock offerings. The filing provides updated corporate information, including former names and current address, essential for investors to track the company's evolution and structure.
Risk Assessment
Risk Level: low — OZOP ENERGY SOLUTIONS, INC. shows low risk based on this filing. The filing is an amendment to a registration statement, which is a standard procedural step and does not inherently indicate significant positive or negative developments.
Analyst Insight
Monitor for further amendments or filings that provide details on the purpose and terms of the securities registration.
Key Numbers
- 333-276497 — SEC File Number (Registration statement file number)
- 0001493152-24-003470 — Accession Number (Filing accession number)
- 2024-01-23 — Filing Date (Date of filing)
- 1231 — Fiscal Year End (Company's fiscal year end)
Key Players & Entities
- OZOP ENERGY SOLUTIONS, INC. (company) — Filer name
- OZSC (company) — Ticker symbol
- S-1/A (filing) — Form type
- 2024-01-23T00:00:00.000Z (date) — Filing date
- Nevada (jurisdiction) — State of Incorporation
- 55 Ronald Reagan Blvd. Warwick, NY 10990 (address) — Principal executive offices
- Ozop Surgical Corp. (company) — Former company name
- Newmarkt Corp. (company) — Former company name
Forward-Looking Statements
- OZOP ENERGY SOLUTIONS, INC. will initiate a public offering of securities within the next 12 months. (OZOP ENERGY SOLUTIONS, INC.) — medium confidence, target: 2025-01-23
FAQ
When did OZOP ENERGY SOLUTIONS, INC. file this S-1/A?
OZOP ENERGY SOLUTIONS, INC. filed this Amended IPO Registration (S-1/A) with the SEC on January 23, 2024.
What is a S-1/A filing?
A S-1/A is a amendment to an IPO registration statement, typically incorporating SEC feedback. This particular S-1/A was filed by OZOP ENERGY SOLUTIONS, INC. (OZSC).
Where can I read the original S-1/A filing from OZOP ENERGY SOLUTIONS, INC.?
You can access the original filing directly on the SEC's EDGAR system. The filing is publicly available and includes all exhibits and attachments submitted by OZOP ENERGY SOLUTIONS, INC..
What are the key takeaways from OZOP ENERGY SOLUTIONS, INC.'s S-1/A?
OZOP ENERGY SOLUTIONS, INC. filed this S-1/A on January 23, 2024. Key takeaways: Ozop Energy Solutions, Inc. filed an S-1/A amendment on January 23, 2024.. The filing is for a registration statement under the Securities Act of 1933.. The company's principal executive offices are located at 55 Ronald Reagan Blvd., Warwick, NY 10990..
Is OZOP ENERGY SOLUTIONS, INC. a risky investment based on this filing?
Based on this S-1/A, OZOP ENERGY SOLUTIONS, INC. presents a relatively low-risk profile. The filing is an amendment to a registration statement, which is a standard procedural step and does not inherently indicate significant positive or negative developments.
What should investors do after reading OZOP ENERGY SOLUTIONS, INC.'s S-1/A?
Monitor for further amendments or filings that provide details on the purpose and terms of the securities registration. The overall sentiment from this filing is neutral.
How does OZOP ENERGY SOLUTIONS, INC. compare to its industry peers?
The filing pertains to the energy solutions sector, specifically related to the registration of securities under the Securities Act of 1933.
Are there regulatory concerns for OZOP ENERGY SOLUTIONS, INC.?
The filing is made under the Securities Act of 1933, which governs the registration and regulation of securities offerings in the United States.
Industry Context
The filing pertains to the energy solutions sector, specifically related to the registration of securities under the Securities Act of 1933.
Regulatory Implications
The filing is made under the Securities Act of 1933, which governs the registration and regulation of securities offerings in the United States.
What Investors Should Do
- Review the full S-1/A filing for specific details on the securities being registered.
- Track future SEC filings from Ozop Energy Solutions for updates on the offering or company operations.
- Research the company's business model and financial health to assess investment potential.
Year-Over-Year Comparison
This is an amendment (S-1/A) to a previous registration statement, indicating ongoing procedural steps rather than a new initial filing.
Filing Stats: 4,463 words · 18 min read · ~15 pages · Grade level 14.7 · Accepted 2024-01-23 16:59:05
Key Financial Figures
- $0.0018 — ted sale price for our common stock was $0.0018 per share. Prior to this offering, th
Filing Documents
- forms-1a.htm (S-1/A) — 1824KB
- ex5-1.htm (EX-5.1) — 14KB
- ex23-1.htm (EX-23.1) — 5KB
- ex107.htm (EX-FILING FEES) — 59KB
- ex5-1_001.jpg (GRAPHIC) — 39KB
- ex23-1_001.jpg (GRAPHIC) — 16KB
- ex23-1_002.jpg (GRAPHIC) — 17KB
- ex23-1_003.jpg (GRAPHIC) — 30KB
- 0001493152-24-003470.txt ( ) — 2043KB
SUMMARY INFORMATION, RISK FACTORS, AND RATIO OF EARNINGS TO FIXED CHARGES
Item 3. SUMMARY INFORMATION, RISK FACTORS, AND RATIO OF EARNINGS TO FIXED CHARGES 4
USE OF PROCEEDS
Item 4. USE OF PROCEEDS 19
DETERMINATION OF OFFERING PRICE
Item 5. DETERMINATION OF OFFERING PRICE 19
DILUTION
Item 6. DILUTION 19
SELLING SECURITY HOLDER
Item 7. SELLING SECURITY HOLDER 19
PLAN OF DISTRIBUTION
Item 8. PLAN OF DISTRIBUTION 22
DESCRIPTION OF SECURITIES TO BE REGISTERED
Item 9. DESCRIPTION OF SECURITIES TO BE REGISTERED 23
INTERESTS OF NAMED EXPERTS AND COUNSEL
Item 10. INTERESTS OF NAMED EXPERTS AND COUNSEL 24
INFORMATION WITH RESPECT TO THE REGISTRANT
Item 11. INFORMATION WITH RESPECT TO THE REGISTRANT 25
MATERIAL CHANGES
Item 11A. MATERIAL CHANGES 41
INCORPORATION OF CERTAIN INFORMATION BY REFERENCE
Item 12. INCORPORATION OF CERTAIN INFORMATION BY REFERENCE. 41
OTHER EXPENSES OF ISSUANCE AND DISTRIBUTION
Item 13. OTHER EXPENSES OF ISSUANCE AND DISTRIBUTION 42
INDEMNIFICATION OF OFFICERS AND DIRECTORS
Item 14. INDEMNIFICATION OF OFFICERS AND DIRECTORS 42
RECENT SALES OF UNREGISTERED SECURITIES
Item 15. RECENT SALES OF UNREGISTERED SECURITIES 42
EXHIBITS AND FINANCIAL STATEMENT SCHEDULES
Item 16. EXHIBITS AND FINANCIAL STATEMENT SCHEDULES 43 3 We have not authorized any person to give you any supplemental information or to make any representations for us. You should not rely upon any information about our company that is not contained in this prospectus. Information contained in this prospectus may become stale. You should not assume the information contained in this prospectus or any prospectus supplement is accurate as of any date other than their respective dates, regardless of the time of delivery of this prospectus, any prospectus supplement or of any sale of the shares. Our business, financial condition, results of operations, and prospects may have changed since those dates. 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. In this prospectus, “Ozop” the “Company,” “we,” “us,” and “our” refer to Ozop Energy Solutions, Inc., a Nevada corporation. Item 3. SUMMARY INFORMATION, RISK FACTORS, AND RATIO OF EARNINGS TO FIXED CHARGES You should carefully read all information in the prospectus, including the financial statements and their explanatory notes under the Financial Corporate Background Ozop Energy Solutions, Inc. (the” Company,” “we,” “us” or “our”) was originally incorporated as Newmarkt Corp. on July 17, 2015, under the laws of the State of Nevada. On October 29, 2020, the Company formed a new wholly owned subsidiary, Ozop Surgical Name Change Subsidiary, Inc., a Nevada corporation (“Merger Sub”). The Merger Sub was formed under the Nevada Revised Statutes for the sole purpose and effect of changing the Company’s name to “Ozop Energy Solutions, Inc.” That same day the Company entered into an Agreement and Plan of Merger (the &ldquo
Business
Business interruptions, including any interruptions resulting from COVID-19, could significantly disrupt our operations and could have a material adverse impact on us if the situation continues. The ongoing coronavirus outbreak which began in China at the beginning of 2020 has impacted various businesses throughout the world, including travel restrictions and the extended shutdown of certain businesses in impacted geographic regions. If the coronavirus outbreak situation should worsen, we may experience disruptions to our business including, but not limited to equipment, to our workforce, or to our business relationships with other third parties. The extent to which the coronavirus impacts our operations or those of our third-party partners will depend on future developments, which are highly uncertain and cannot be predicted with confidence, including the duration of the outbreak, new information that may emerge concerning the severity of the coronavirus and the actions to contain the coronavirus or treat its impact, among others. Any such disruptions or losses we incur could have a material adverse effect on our financial results and our ability to conduct business as expected. The Company always maintains the ability for team members to work virtually. 7 We need to continue as a going concern if our business is to succeed. Our independent registered public accounting firm reports on our audited financial statements for the years ended December 31, 2022, and 2021, indicate that there are a number of factors that raise substantial risks about our ability to continue as a going concern. Such factors identified in the report are our accumulated deficit since inception, our failure to attain profitable operations, the excess of liabilities over assets, and our dependence upon obtaining adequate additional financing to pay our liabilities. If we are not able to continue as a going concern, investors could lose their investments. Because of the unique diff