Rubber Leaf Inc. Files S-1/A Amendment
Ticker: RLEA · Form: S-1/A · Filed: Apr 19, 2024 · CIK: 1893657
| Field | Detail |
|---|---|
| Company | Rubber Leaf Inc (RLEA) |
| Form Type | S-1/A |
| Filed Date | Apr 19, 2024 |
| Risk Level | low |
| Pages | 15 |
| Reading Time | 19 min |
| Key Dollar Amounts | $0.001, $5.80, $4.00, $6.00, $15,000,000 |
| Sentiment | neutral |
Sentiment: neutral
Topics: IPO, S-1/A, Rubber Leaf Inc., Automotive Parts, SEC Filing
TL;DR
<b>Rubber Leaf Inc. has filed an S-1/A amendment, providing updated information for its potential public offering.</b>
AI Summary
Rubber Leaf Inc (RLEA) filed a Amended IPO Registration (S-1/A) with the SEC on April 19, 2024. Filing is an S-1/A amendment for Rubber Leaf Inc., a motor vehicle parts & accessories company. The company is incorporated in Nevada with its principal business address in Ningbo, Zhejiang, China. The filing references financial data for the fiscal years ending December 31, 2023, 2022, and 2021. Key entities mentioned include Rubber Leaf Sealing Products Co. Ltd., Shanghai Xinsen Import And Export Co. Ltd., and Xinsen Sealing Products Hangzhou Co. Ltd. The filing includes details on various asset types such as land use rights, leasehold improvements, buildings, equipment, and vehicles as of December 31, 2023.
Why It Matters
For investors and stakeholders tracking Rubber Leaf Inc, this filing contains several important signals. This S-1/A filing indicates Rubber Leaf Inc. is moving forward with its plans to become a publicly traded company, requiring detailed disclosures. The inclusion of specific entities and asset details suggests the company is preparing for regulatory scrutiny and investor due diligence.
Risk Assessment
Risk Level: low — Rubber Leaf Inc shows low risk based on this filing. The filing is an S-1/A amendment, which is a procedural update rather than a new disclosure of material financial or operational changes, suggesting a lower immediate risk.
Analyst Insight
Monitor for subsequent filings (e.g., S-1/A with updated financials or prospectus) to assess the progress and terms of Rubber Leaf Inc.'s potential IPO.
Key Numbers
- 2024-04-19 — Filing Date (Date the S-1/A amendment was filed.)
- 2023-12-31 — Fiscal Year End (Most recent fiscal year end for which data is referenced.)
- 2022-12-31 — Prior Fiscal Year End (Previous fiscal year end for which data is referenced.)
- 2021-12-31 — Prior Fiscal Year End (Fiscal year end prior to 2022 for which data is referenced.)
Key Players & Entities
- Rubber Leaf Inc. (company) — Filer of the S-1/A amendment.
- Ningbo, Zhejiang (location) — Location of the company's business address.
- Rubber Leaf Sealing Products Co. Ltd (company) — An associated entity.
- Shanghai Xinsen Import And Export Co. Ltd (company) — An associated entity.
- Xinsen Sealing Products Hangzhou Co. Ltd (company) — An associated entity.
- Xingxiu Hua (person) — Associated with Shanghai Xinsen Import And Export Co. Ltd.
FAQ
When did Rubber Leaf Inc file this S-1/A?
Rubber Leaf Inc filed this Amended IPO Registration (S-1/A) with the SEC on April 19, 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 Rubber Leaf Inc (RLEA).
Where can I read the original S-1/A filing from Rubber Leaf 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 Rubber Leaf Inc.
What are the key takeaways from Rubber Leaf Inc's S-1/A?
Rubber Leaf Inc filed this S-1/A on April 19, 2024. Key takeaways: Filing is an S-1/A amendment for Rubber Leaf Inc., a motor vehicle parts & accessories company.. The company is incorporated in Nevada with its principal business address in Ningbo, Zhejiang, China.. The filing references financial data for the fiscal years ending December 31, 2023, 2022, and 2021..
Is Rubber Leaf Inc a risky investment based on this filing?
Based on this S-1/A, Rubber Leaf Inc presents a relatively low-risk profile. The filing is an S-1/A amendment, which is a procedural update rather than a new disclosure of material financial or operational changes, suggesting a lower immediate risk.
What should investors do after reading Rubber Leaf Inc's S-1/A?
Monitor for subsequent filings (e.g., S-1/A with updated financials or prospectus) to assess the progress and terms of Rubber Leaf Inc.'s potential IPO. The overall sentiment from this filing is neutral.
How does Rubber Leaf Inc compare to its industry peers?
Rubber Leaf Inc. operates in the motor vehicle parts and accessories industry, a sector that is subject to global supply chain dynamics and automotive market trends.
Are there regulatory concerns for Rubber Leaf Inc?
As a company filing with the SEC, Rubber Leaf Inc. must adhere to the disclosure requirements of the Securities Act of 1933.
Industry Context
Rubber Leaf Inc. operates in the motor vehicle parts and accessories industry, a sector that is subject to global supply chain dynamics and automotive market trends.
Regulatory Implications
As a company filing with the SEC, Rubber Leaf Inc. must adhere to the disclosure requirements of the Securities Act of 1933.
What Investors Should Do
- Review the full S-1/A filing for specific details on the company's business, financials, and use of proceeds.
- Track future SEC filings from Rubber Leaf Inc. for updates on their IPO status and prospectus details.
- Research the automotive parts and accessories market for relevant industry trends and competitive landscape.
Key Dates
- 2024-04-19: Filing of S-1/A Amendment — Indicates an update to the company's registration statement for a potential public offering.
Year-Over-Year Comparison
This is an S-1/A filing, which is an amendment to a previously filed registration statement, indicating updates or corrections to initial disclosures.
Filing Stats: 4,638 words · 19 min read · ~15 pages · Grade level 16.6 · Accepted 2024-04-19 17:29:28
Key Financial Figures
- $0.001 — 0,000 shares of common stock, par value $0.001 per share, of Rubber Leaf Inc (the "Com
- $5.80 — our common stock on April 18, 2024 was $5.80 per share. There is currently a limited
- $4.00 — that the offering price will be between $4.00 and $6.00 per share. The final offering
- $6.00 — ffering price will be between $4.00 and $6.00 per share. The final offering price of
- $15,000,000 — ("Nasdaq") public float requirement of $15,000,000, we are partly relying on the registrat
Filing Documents
- forms-1a.htm (S-1/A) — 1998KB
- ex10-5.htm (EX-10.5) — 28KB
- ex23-1.htm (EX-23.1) — 4KB
- ex107.htm (EX-FILING FEES) — 24KB
- forms-1_001.jpg (GRAPHIC) — 2KB
- forms-1_002.jpg (GRAPHIC) — 30KB
- forms-1_003.jpg (GRAPHIC) — 26KB
- forms-1_004.jpg (GRAPHIC) — 30KB
- forms-1_005.jpg (GRAPHIC) — 26KB
- report_001.jpg (GRAPHIC) — 21KB
- forms-1_007.jpg (GRAPHIC) — 2KB
- forms-1_009.jpg (GRAPHIC) — 2KB
- forms-1_010.jpg (GRAPHIC) — 23KB
- forms-1_011.jpg (GRAPHIC) — 21KB
- forms-1_012.jpg (GRAPHIC) — 2KB
- ex23-1_001.jpg (GRAPHIC) — 48KB
- 0001493152-24-015400.txt ( ) — 6701KB
- rlea-20231231.xsd (EX-101.SCH) — 31KB
- rlea-20231231_cal.xml (EX-101.CAL) — 58KB
- rlea-20231231_def.xml (EX-101.DEF) — 162KB
- rlea-20231231_lab.xml (EX-101.LAB) — 299KB
- rlea-20231231_pre.xml (EX-101.PRE) — 229KB
- forms-1a_htm.xml (XML) — 709KB
RISK FACTORS
RISK FACTORS 15 SPECIAL NOTE REGARDING FORWARD-LOOKING STATEMENTS 40
USE OF PROCEEDS
USE OF PROCEEDS 40 DIVIDEND POLICY 41 MARKET FOR COMMON EQUITY AND RELATED STOCKHOLDER MATTERS 41 CAPITALIZATION 42
MANAGEMENT'S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS OF OPERATIONS
MANAGEMENT'S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS OF OPERATIONS 44
BUSINESS
BUSINESS 54 MANAGEMENT 63
EXECUTIVE COMPENSATION
EXECUTIVE COMPENSATION 69 PRINCIPAL STOCKHOLDERS 73 CERTAIN RELATIONSHIPS AND RELATED PARTY TRANSACTIONS 74
DESCRIPTION OF SECURITIES
DESCRIPTION OF SECURITIES 75 Shares Eligible for Future Sale 78
UNDERWRITING
UNDERWRITING 79 EXPERTS 83 LEGAL MATTERS 83 WHERE YOU CAN FIND MORE INFORMATION 83 INDEX TO FINANCIAL STATEMENTS F-1 Through and including ______________, 2024 (the 25th day after the date of this prospectus), all dealers that effect transactions in these securities, whether or not participating in this offering, may be required to deliver a prospectus. This is in addition to the dealers' obligation to deliver a prospectus when acting as underwriter and with respect to their unsold allotments or subscriptions. You should rely only on the information contained in this prospectus or any prospectus supplement or amendment. Neither we, nor the underwriters, have authorized any other person to provide you with information that is different from, or adds to, that contained in this prospectus. If anyone provides you with different or inconsistent information, you should not rely on it. Neither we nor the underwriters take responsibility for, and can provide no assurance as to the reliability of, any other information that others may give you. You should assume that the information contained in this prospectus or any free writing prospectus is accurate only as of the date of this prospectus, regardless of the time of delivery of this prospectus or of any sale of our securities. Our business, financial condition, results of operations and prospects may have changed since that date. We are not making an offer of any securities in any jurisdiction in which such offer is unlawful. No action is being taken in any jurisdiction outside the United States to permit a public offering of our securities or possession or distribution of this prospectus in that jurisdiction. Persons who come into possession of this prospectus in jurisdictions outside the United States are required to inform themselves about and to observe any restrictions as to this public offering and the distribution of this prospectus applicable to that jurisdiction. i ABOUT THIS PROSPECTUS Th