YSX Tech IPO Underwriting Agreement Signed
Ticker: YSXT · Form: 6-K · Filed: Dec 20, 2024 · CIK: 1993463
| Field | Detail |
|---|---|
| Company | Ysx Tech Co., Ltd (YSXT) |
| Form Type | 6-K |
| Filed Date | Dec 20, 2024 |
| Risk Level | medium |
| Pages | 2 |
| Reading Time | 2 min |
| Key Dollar Amounts | $0.0001, $4.00 |
| Sentiment | neutral |
Sentiment: neutral
Topics: ipo, underwriting-agreement, public-offering
Related Tickers: YSXT
TL;DR
YSX Tech inked IPO underwriting deal with Kingswood Capital Partners, prepping for public debut.
AI Summary
On December 17, 2024, YSX Tech Co., Ltd. entered into an underwriting agreement with Kingswood Capital Partners, LLC for its initial public offering (IPO). The filing was made on December 20, 2024, and relates to the IPO which is expected to occur around December 19, 2024.
Why It Matters
This filing signals a significant step for YSX Tech Co., Ltd. as it prepares for its initial public offering, potentially making its shares available to a wider range of investors.
Risk Assessment
Risk Level: medium — The company is undergoing an IPO, which inherently carries market and execution risks, and the specific terms of the underwriting agreement are not fully detailed in this 6-K.
Key Players & Entities
- YSX Tech Co., Ltd. (company) — Filer of the 6-K, company going public
- Kingswood Capital Partners, LLC (company) — Underwriter for the IPO
- December 17, 2024 (date) — Date of underwriting agreement
- December 19, 2024 (date) — Expected IPO date
- December 20, 2024 (date) — Filing date of the 6-K
FAQ
What is the total number of shares to be offered in the IPO?
The filing does not specify the total number of shares to be offered in the IPO.
What is the expected price range for the IPO shares?
The filing does not disclose the expected price range for the IPO shares.
What is the total amount of capital YSX Tech Co., Ltd. expects to raise from the IPO?
The filing does not provide an estimate of the capital to be raised from the IPO.
What are the specific responsibilities of Kingswood Capital Partners, LLC as the underwriter?
The filing mentions Kingswood Capital Partners, LLC as the representative of the underwriters but does not detail their specific responsibilities beyond that.
Are there any lock-up agreements mentioned in the underwriting agreement?
This 6-K filing does not contain information regarding lock-up agreements.
Filing Stats: 455 words · 2 min read · ~2 pages · Grade level 11.9 · Accepted 2024-12-19 19:42:40
Key Financial Figures
- $0.0001 — 000 Class A ordinary shares, par value $0.0001 per share (the “Ordinary Shares&r
- $4.00 — 024. The Ordinary Shares were priced at $4.00 per share and the IPO was conducted on
Filing Documents
- tm2431646d1_6k.htm (6-K) — 13KB
- tm2431646d1_ex1-1.htm (EX-1.1) — 354KB
- tm2431646d1_ex99-1.htm (EX-99.1) — 10KB
- tm2431646d1_ex99-2.htm (EX-99.2) — 10KB
- tm2431646d1_ex99-1img001.jpg (GRAPHIC) — 4KB
- tm2431646d1_ex99-2img001.jpg (GRAPHIC) — 5KB
- 0001104659-24-130315.txt ( ) — 402KB
SIGNATURES
SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized. YSX TECH CO. LTD Date: December 19, 2024 By: /s/ Jie Xiao Name: Jie Xiao Title: Chief Executive Officer EXHIBIT INDEX Exhibit No. Description 1.1
Underwriting
Underwriting Agreement dated December 17, 2024 99.1 Press Release on Pricing of the Company’s Initial Public Offering 99.2 Press Release on Closing of the Company’s Initial Public Offering