Snail, Inc. Files for Public Offering
Ticker: SNAL · Form: S-1 · Filed: May 8, 2025 · CIK: 1886894
| Field | Detail |
|---|---|
| Company | Snail, Inc. (SNAL) |
| Form Type | S-1 |
| Filed Date | May 8, 2025 |
| Risk Level | medium |
| Sentiment | neutral |
Sentiment: neutral
Topics: ipo, registration-statement, sec-filing
TL;DR
Snail, Inc. is going public, filing its S-1 for an IPO.
AI Summary
Snail, Inc. filed an S-1 registration statement on May 7, 2025, for a proposed sale of securities. The company, formerly known as Snail Games USA, Inc., is incorporated in Delaware and headquartered in Culver City, California. This filing indicates the company is preparing to offer its shares to the public.
Why It Matters
This S-1 filing signals Snail, Inc.'s intention to become a publicly traded company, which could provide it with capital for growth and increase its visibility.
Risk Assessment
Risk Level: medium — As a newly public company, Snail, Inc. faces the inherent risks associated with market volatility, regulatory scrutiny, and the need to establish a track record as a public entity.
Key Numbers
- 333-287057 — SEC File Number (Identifies the registration statement with the SEC.)
- 1231 — Fiscal Year End (Indicates the company's financial year closes on December 31st.)
Key Players & Entities
- Snail, Inc. (company) — Registrant
- Snail Games USA, Inc. (company) — Former company name
- 0001641172-25-009105 (filing_id) — Accession Number
- May 7, 2025 (date) — Filing date
- Culver City, California (location) — Principal executive office
- Xuedong Tian (person) — Co-Chief Executive Officer
- Patrick J. Egan, Esq. (person) — Legal counsel
- Blank Rome LLP (company) — Legal firm
FAQ
What is the primary purpose of this S-1 filing?
The S-1 filing is a registration statement required by the SEC for companies intending to offer securities to the public, indicating Snail, Inc.'s preparation for an initial public offering (IPO) or similar event.
When was this S-1 filing submitted to the SEC?
The S-1 filing was submitted to the SEC on May 7, 2025.
What was Snail, Inc.'s former company name?
Snail, Inc. was formerly known as Snail Games USA, Inc., with a name change occurring on October 6, 2021.
Where is Snail, Inc.'s principal executive office located?
Snail, Inc.'s principal executive office is located at 12049 Jefferson Boulevard, Culver City, California 90230.
Who is listed as a Co-Chief Executive Officer for Snail, Inc.?
Xuedong Tian is listed as a Co-Chief Executive Officer for Snail, Inc.
Filing Details
This Form S-1 (Form S-1) was filed with the SEC on May 8, 2025 by Xuedong Tian regarding Snail, Inc. (SNAL).