QDM International Inc. Files S-1 with SEC
Ticker: QDMI · Form: S-1 · Filed: Nov 12, 2024 · CIK: 1094032
| Field | Detail |
|---|---|
| Company | Qdm International Inc. (QDMI) |
| Form Type | S-1 |
| Filed Date | Nov 12, 2024 |
| Risk Level | medium |
| Pages | 16 |
| Reading Time | 19 min |
| Key Dollar Amounts | $7,500,000, $0.0001, $2.71 |
| Sentiment | neutral |
Sentiment: neutral
Topics: ipo, registration-statement, sec-filing
TL;DR
QDM International Inc. just filed an S-1, looks like they're going public. Keep an eye on this one.
AI Summary
QDM International Inc. filed an S-1 registration statement with the SEC on November 12, 2024. The company, formerly known as 24/7 Kid Doc, Inc., was incorporated in Florida and operates in the insurance agents, brokers, and services sector. The filing indicates a potential public offering, though specific details on the number of shares or price are not yet disclosed.
Why It Matters
This S-1 filing signals QDM International Inc.'s intent to become a publicly traded company, which could lead to new investment opportunities and increased market visibility.
Risk Assessment
Risk Level: medium — As an S-1 filing, it represents an early stage of a potential public offering, with many details yet to be finalized, introducing inherent market and execution risks.
Key Numbers
- 333-283175 — SEC File Number (Identifies the specific registration statement with the SEC.)
- 6411 — SIC Code (Indicates the company operates in the Insurance Agents, Brokers & Services industry.)
Key Players & Entities
- QDM International Inc. (company) — Registrant
- 24/7 Kid Doc, Inc. (company) — Former company name
- November 12, 2024 (date) — Filing date
- Florida (location) — State of incorporation
FAQ
What is the purpose of this S-1 filing for QDM International Inc.?
The S-1 filing is a registration statement required by the SEC for companies intending to offer securities to the public, indicating QDM International Inc.'s intent to go public.
When was QDM International Inc. incorporated, and in which state?
QDM International Inc. was incorporated in Florida, as indicated by the filing.
What were the previous names of QDM International Inc.?
QDM International Inc. was formerly known as 24/7 Kid Doc, Inc., DALE JARRETT RACING ADVENTURE INC, and JARRETT FAVRE DRIVING ADVENTURE INC.
What is the primary business sector for QDM International Inc.?
The company's primary standard industrial classification (SIC) code is 6411, which corresponds to Insurance Agents, Brokers & Services.
What is the physical address of QDM International Inc. as listed in the filing?
The business address is listed as Room 1030B, 10/F, Ocean Centre Harbour City, 5 Canton Road, Tsim Sha Tsui, Kowloon.
Filing Stats: 4,721 words · 19 min read · ~16 pages · Grade level 16.5 · Accepted 2024-11-12 17:20:33
Key Financial Figures
- $7,500,000 — BER 12, 2024 QDM INTERNATIONAL INC. $7,500,000 [] Shares of Common Stock This is a
- $0.0001 — ck of QDM International Inc., par value $0.0001 per share. We currently estimate that t
- $2.71 — reported price of our common stock was $2.71 per share at market close. There is a l
Filing Documents
- ea0213156-01.htm (S-1) — 4579KB
- ea021315601ex21-1_qdm.htm (EX-21.1) — 3KB
- ea021315601ex23-1_qdm.htm (EX-23.1) — 4KB
- ea021315601ex99-1_qdm.htm (EX-99.1) — 43KB
- ea021315601ex-fee_qdm.htm (EX-FILING FEES) — 34KB
- tyd_logo.jpg (GRAPHIC) — 34KB
- tflowchart_001.jpg (GRAPHIC) — 229KB
- tzh_header.jpg (GRAPHIC) — 83KB
- ex23-1_001.jpg (GRAPHIC) — 6KB
- ex99-1_001.jpg (GRAPHIC) — 2KB
- ex99-1_003.jpg (GRAPHIC) — 1KB
- ex99-1_002.jpg (GRAPHIC) — 14KB
- 0001213900-24-096928.txt ( ) — 10022KB
- qdmi-20240630.xsd (EX-101.SCH) — 38KB
- qdmi-20240630_cal.xml (EX-101.CAL) — 34KB
- qdmi-20240630_def.xml (EX-101.DEF) — 209KB
- qdmi-20240630_lab.xml (EX-101.LAB) — 349KB
- qdmi-20240630_pre.xml (EX-101.PRE) — 217KB
- ea0213156-01_htm.xml (XML) — 953KB
USE OF PROCEEDS
USE OF PROCEEDS 29 MARKET FOR COMMON EQUITY AND RELATED SHAREHOLDER MATTERS 30 DIVIDEND POLICY 32 CAPITALIZATION NOTES 33
MANAGEMENT'S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS OF OPERATION
MANAGEMENT'S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS OF OPERATION 36 INDUSTRY 43
BUSINESS
BUSINESS 45 MANAGEMENT 63
EXECUTIVE COMPENSATION
EXECUTIVE COMPENSATION 67
SECURITY OWNERSHIP OF PRINCIPAL SHAREHOLDERS AND MANAGEMENT
SECURITY OWNERSHIP OF PRINCIPAL SHAREHOLDERS AND MANAGEMENT 69 CERTAIN RELATIONSHIPS AND RELATED PARTY TRANSACTIONS 71
DESCRIPTION OF SECURITIES
DESCRIPTION OF SECURITIES 72 SHARES ELIGIBLE FOR FUTURE SALE 73 MATERIAL U.S. FEDERAL INCOME TAX CONSEQUENCES 74
UNDERWRITING
UNDERWRITING 78 LEGAL MATTERS 87 EXPERTS 87 WHERE YOU CAN FIND MORE INFORMATION 87 INDEX TO FINANCIAL STATEMENTS F-1 Through and including , 2024 (the 25 th day after the date of this prospectus), all dealers effecting transactions in these securities, whether or not participating in the offering, may be required to deliver a prospectus. This is in addition to a dealer's obligation to deliver a prospectus when acting as an underwriter and with respect to an unsold allotment or subscription. i Table of Contents CAUTIONARY NOTE REGARDING FORWARD-LOOKING STATEMENTS The information in this prospectus contains "forward -looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. We intend such forward -looking statements to be covered by the safe harbor provisions for forward -looking statements contained in Section 27A of the Securities Act of 1933, as amended (the "Securities Act") and Section 21E of the Securities Exchange Act of 1934, as amended (the "Exchange Act"). All statements other than statements of historical facts contained in this prospectus are "forward -looking statements" for purposes of federal and state securities laws, including statements regarding our expectations and projections regarding future developments, operations and financial conditions, and the anticipated impact of our acquisitions, business strategy, and strategic priorities. These statements involve known and unknown risks, uncertainties and other important factors that may cause our actual results, performance or achievements to be materially different from any future results, performance or achievements expressed or implied by the forward -looking statements. In some cases, you can identify forward -looking statements by terms such as "may," "will," "should," "expect," "plan," "anticipate," "could," "intend," "target," "project," "contemplate," "believe," "estimate," "predict," "potential" or "continue" or the negative of thes