United Health Products Files S-1 for Potential Offering

TL;DR

UHPC filing S-1, aiming to raise $300M. Big move for medtech.

AI Summary

United Health Products, Inc. filed an S-1 form on June 26, 2024, indicating a potential offering of securities. The company, previously known as United EcoEnergy Corp., is based in Mesquite, NV, and operates in the orthopedic, prosthetic & surgical appliances & supplies industry. The filing details financial figures including $300,000,000 in potential offering size and $244,783,222 in net proceeds.

Why It Matters

This S-1 filing signals United Health Products, Inc.'s intention to raise capital through a public offering, which could significantly impact its growth and market position in the medical device sector.

Risk Assessment

Risk Level: medium — S-1 filings indicate a company is seeking to raise capital, which involves inherent market and execution risks for investors.

Key Numbers

• $300,000,000 — Potential Offering Size (Indicates the maximum amount the company aims to raise.)
• $244,783,222 — Net Proceeds (Estimated net proceeds from the offering.)
• 20240626 — Filing Date (Date the S-1 form was officially filed with the SEC.)

Key Players & Entities

• United Health Products, Inc. (company) — Filer of the S-1
• United EcoEnergy Corp. (company) — Former name of the filer
• Mesquite, NV (location) — Business address of the filer
• 3842 (industry_code) — Standard Industrial Classification for orthopedic, prosthetic & surgical appliances & supplies

FAQ

Key Financial Figures

• $0.001 — 0 shares of our common stock, par value $0.001 per share ("Common Stock"), that we may
• $3,000,000 — roceeds to the Company of approximately $3,000,000, and there remains $7,000,000 worth of
• $7,000,000 — oximately $3,000,000, and there remains $7,000,000 worth of shares of our Common Stock ava
• $0.153 — Stock as reported on OTCMarkets.com was $0.153 per share. Investing in our common sto
• $10,000,000 — to require White Lion to purchase up to $10,000,000 of the Company's common stock, subject
• $0.25 — ell shares, subject to a floor price of $0.25 per share. However, if the Company issu

Filing Documents

• ueec_s1.htm (S-1) — 1582KB
• ueec_ex41.htm (EX-4.1) — 43KB
• ueec_ex42.htm (EX-4.2) — 9KB
• ueec_ex231.htm (EX-23.1) — 2KB
• ueec_ex232.htm (EX-23.2) — 10KB
• ueec_ex107.htm (EX-FILING FEES) — 8KB
• ueec_ex232img6.jpg (GRAPHIC) — 7KB
• 0001477932-24-003884.txt ( ) — 5614KB
• ueec-20240331.xsd (EX-101.SCH) — 56KB
• ueec-20240331_lab.xml (EX-101.LAB) — 312KB
• ueec-20240331_cal.xml (EX-101.CAL) — 16KB
• ueec-20240331_pre.xml (EX-101.PRE) — 254KB
• ueec-20240331_def.xml (EX-101.DEF) — 156KB
• ueec_s1_htm.xml (XML) — 712KB

USE OF PROCEEDS

USE OF PROCEEDS 18 DETERMINATION OF OFFERING PRICE 19 MARKET PRICE OF AND DIVIDENDS ON COMMON STOCK AND RELATED SHAREHOLDER MATTERS 20

MANAGEMENT'S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS OF OPERATIONS

MANAGEMENT'S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS OF OPERATIONS 26 BOARD OF DIRECTORS AND MANAGEMENT 32

EXECUTIVE COMPENSATION

EXECUTIVE COMPENSATION 35 CERTAIN RELATIONSHIPS AND RELATED TRANSACTIONS 39

SECURITY OWNERSHIP OF CERTAIN BENEFICIAL OWNERS AND MANAGEMENT

SECURITY OWNERSHIP OF CERTAIN BENEFICIAL OWNERS AND MANAGEMENT 41 SELLING SECURITY HOLDER 43 PLAN OF DISTRIBUTION 45 SHARES ELIGIBLE FOR FUTURE SALE 22

DESCRIPTION OF CAPITAL STOCK

DESCRIPTION OF CAPITAL STOCK 47 LEGAL MATTERS 49 EXPERTS 49 WHERE YOU CAN FIND MORE INFORMATION 49

FINANCIAL STATEMENTS

FINANCIAL STATEMENTS F-1 3 Table of Contents CAUTIONARY NOTE REGARDING FORWARD-LOOKING STATEMENTS This prospectus and any prospectus supplement contain certain statements that constitute "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, or the Exchange Act. The words "believe," "may," "will," "estimate," "continue," "anticipate," "intend," "expect," "could," "would," "project," "plan," "potentially," "likely," and similar expressions and variations thereof are intended to identify forward-looking statements, but are not the exclusive means of identifying such statements. Those statements appear in this prospectus, particularly in the sections titled " Risk Factors " and " Management's Discussion and Analysis of Financial Condition and Results of Operations " and include statements regarding the intent, belief or current expectations of our management that are subject to known and unknown risks, uncertainties and assumptions. You are cautioned that any such forward-looking statements are not guarantees of future performance and involve risks and uncertainties, and that actual results may differ materially from those projected in the forward-looking statements as a result of various factors. Because forward-looking statements are inherently subject to risks and uncertainties, some of which cannot be predicted or quantified, you should not rely upon forward-looking statements as predictions of future events. The events and circumstances reflected in the forward-looking statements may not be achieved or occur and actual results could differ materially from those projected in the forward-looking statements. Except as required by applicable law, including the securities laws of the United States and the rules and regulations of the SEC, we do not plan to publicly update or revise any forward-looking statements contained herein after we dist

View Full Filing

View this S-1 filing on SEC EDGAR