Elventix Files S-1 for $120K IPO, Offering 4M Shares at $0.03
| Field | Detail |
|---|---|
| Company | Elventix Technology Corp |
| Form Type | S-1 |
| Filed Date | Jul 31, 2025 |
| Risk Level | high |
| Sentiment | bearish |
Sentiment: bearish
Topics: S-1 Filing, IPO, Emerging Growth Company, Smaller Reporting Company, Micro-Cap Stock, Penny Stock, Information Retrieval Services
TL;DR
**Elventix's micro-cap IPO at $0.03 per share is a high-risk, high-reward bet on an unproven emerging growth company.**
AI Summary
Elventix Technology Corp, a Wyoming-incorporated entity, filed an S-1 registration statement on July 31, 2025, to offer 4,000,000 shares of common stock at a proposed maximum offering price of $0.03 per share, aiming to raise an aggregate of $120,000. The company is classified as a smaller reporting company and an emerging growth company, indicating its early stage of development and limited operating history. The filing details the company's business address at 1309 Coffeen Avenue STE 1200, Sheridan, Wyoming 82801, and its primary Standard Industrial Classification Code as 7375, which typically relates to information retrieval services. The registration fee for this offering is $18.37. The proposed sale to the public is expected to commence as soon as practicable after the registration statement becomes effective. The company's fiscal year ends on May 31.
Why It Matters
This S-1 filing signals Elventix Technology Corp's intent to go public, offering investors an early-stage opportunity in a company classified as both a smaller reporting company and an emerging growth company. The low proposed offering price of $0.03 per share and the small aggregate offering of $120,000 suggest a highly speculative investment, typical of micro-cap or penny stock offerings. For employees, a successful IPO could provide liquidity and growth opportunities, while customers might see enhanced service or product development if the capital is effectively deployed. The broader market impact is minimal given the small scale, but it adds another player to the competitive landscape, potentially in the information retrieval services sector (SIC 7375).
Risk Assessment
Risk Level: high — The risk level is high due to the company's classification as a 'smaller reporting company' and an 'emerging growth company,' indicating limited operating history and financial resources. The proposed maximum offering price of $0.03 per share and the small aggregate offering of $120,000 suggest a highly speculative investment with potential for extreme volatility and illiquidity.
Analyst Insight
Investors should approach Elventix Technology Corp's IPO with extreme caution, recognizing the significant risks associated with micro-cap and emerging growth companies. Conduct thorough due diligence beyond this filing, focusing on business model viability, management team, and competitive landscape before considering any investment.
Key Numbers
- $0.03 — Proposed Maximum Offering Price per share (Indicates a micro-cap or penny stock offering, suggesting high speculative risk.)
- $120,000.00 — Proposed Maximum Aggregate Offering Price (A very small amount for an IPO, highlighting the company's early stage and limited capital raise.)
- 4,000,000.00 — Amount of Securities to be Registered (Common Stock) (The total number of shares Elventix plans to offer to the public.)
- $18.37 — Amount of Registration Fee (The fee paid to the SEC for the S-1 registration, based on the aggregate offering price.)
- 2025-07-31 — Filing Date (The date Elventix Technology Corp submitted its S-1 registration statement to the SEC.)
- 0002076765 — Central Index Key (CIK) (Unique identifier for Elventix Technology Corp with the SEC.)
- 333-289122 — SEC File Number (The specific file number assigned to this S-1 registration statement.)
- 7375 — Primary Standard Industrial Classification Code (Suggests the company operates in the information retrieval services sector.)
- May 31 — Fiscal Year End (The date on which Elventix Technology Corp concludes its fiscal year.)
- 12565701612 — Business Phone Number (Direct contact number for Elventix Technology Corp's principal executive offices.)
Key Players & Entities
- Elventix Technology Corp (company) — Registrant filing S-1
- SEC (regulator) — Recipient of S-1 filing
- BizFilings (company) — Agent for service
- Wyoming (regulator) — State of incorporation
- Sheridan (regulator) — City of principal executive offices
- 37-2173013 (regulator) — IRS Employer Identification Number
- 7375 (regulator) — Primary Standard Industrial Classification Code Number
- 1933 Act (regulator) — Securities Act governing the S-1 filing
- Rule 415 (regulator) — Rule under the Securities Act of 1933
- Rule 416 (regulator) — Rule under the Securities Act of 1933
FAQ
What is Elventix Technology Corp's proposed offering price per share in its S-1 filing?
Elventix Technology Corp's S-1 filing indicates a proposed maximum offering price of $0.03 per share for its common stock, aiming to register 4,000,000 shares.
What is the total aggregate offering price Elventix Technology Corp expects to raise?
Elventix Technology Corp expects to raise a proposed maximum aggregate offering price of $120,000.00 from the sale of 4,000,000 shares at $0.03 each.
When did Elventix Technology Corp file its S-1 registration statement?
Elventix Technology Corp filed its S-1 registration statement with the SEC on July 31, 2025, under accession number 0002076765-25-000002.
Is Elventix Technology Corp considered a smaller reporting company or an emerging growth company?
Yes, Elventix Technology Corp has checked the boxes indicating it is both a 'smaller reporting company' and an 'emerging growth company' in its S-1 filing.
What is the business address of Elventix Technology Corp?
The business address for Elventix Technology Corp's principal executive offices is 1309 Coffeen Avenue STE 1200, Sheridan, Wyoming 82801.
What is the primary SIC code for Elventix Technology Corp?
Elventix Technology Corp's primary Standard Industrial Classification Code Number is 7375, which typically corresponds to information retrieval services.
Who is the agent for service for Elventix Technology Corp?
BizFilings, located at 8020 Excelsior Dr #200, Madison, WI 53717, is listed as the agent for service for Elventix Technology Corp.
What is the fiscal year end for Elventix Technology Corp?
Elventix Technology Corp's fiscal year ends on May 31, as stated in the company data section of the S-1 filing.
What is the SEC file number for Elventix Technology Corp's S-1 registration?
The SEC file number for Elventix Technology Corp's S-1 registration statement is 333-289122.
What are the implications of Elventix Technology Corp being an emerging growth company?
As an emerging growth company, Elventix Technology Corp may take advantage of certain exemptions from various reporting requirements, which can reduce compliance costs but also provide less information to investors.
Risk Factors
- Low Offering Price and Small Capital Raise [high — financial]: The company is offering 4,000,000 shares at a maximum price of $0.03 per share, aiming to raise only $120,000. This extremely low offering price and minimal capital raise suggest a very early stage of development and significant financial constraints, increasing the risk for investors.
- Limited Operating History and Business Model Uncertainty [high — operational]: As an emerging growth company and smaller reporting company, Elventix Technology Corp likely has a limited operating history and an unproven business model. The S-1 filing does not provide details on revenue generation or operational milestones, indicating substantial uncertainty about the company's ability to execute its strategy and achieve profitability.
- Compliance with Securities Laws [medium — regulatory]: The company is undergoing the S-1 registration process, which requires adherence to complex SEC regulations. Failure to comply with these regulations, including accurate disclosures and ongoing reporting requirements, could lead to penalties and legal issues.
- Penny Stock Volatility [high — market]: Trading at $0.03 per share places Elventix Technology Corp in the penny stock category. These stocks are known for extreme price volatility, low liquidity, and susceptibility to market manipulation, posing a significant risk to investors.
Industry Context
Elventix Technology Corp operates within the information retrieval services sector, as indicated by its SIC code 7375. This sector is highly competitive, with established players and emerging technologies constantly evolving. Companies in this space often focus on data aggregation, search technologies, and providing access to specialized information. Trends include the increasing demand for real-time data, AI-driven insights, and cloud-based solutions.
Regulatory Implications
As a newly public company filing an S-1, Elventix Technology Corp faces significant regulatory scrutiny from the SEC. Compliance with securities laws, accurate financial reporting, and timely disclosures are paramount. Failure to meet these obligations can result in severe penalties, legal actions, and reputational damage, especially for a company with limited resources.
What Investors Should Do
- Thoroughly review the full S-1 filing for detailed business operations and financial statements.
- Assess the company's competitive advantage and market strategy.
- Evaluate the management team's experience and track record.
- Understand the high-risk nature of penny stock investments.
Key Dates
- 2025-07-31: S-1 Registration Statement Filed — This marks the official commencement of the public offering process, allowing the SEC to review the company's disclosures and financial information.
- 2025-05-31: Fiscal Year End — Indicates the period for which financial statements are typically prepared and reported, crucial for understanding the company's performance trends.
Glossary
- S-1 Registration Statement
- A document filed with the SEC by companies intending to offer securities to the public. It contains detailed information about the company's business, financial condition, management, and the proposed offering. (This is the primary document outlining Elventix Technology Corp's plan to go public and raise capital.)
- Smaller Reporting Company
- A classification by the SEC for companies that meet certain size criteria (e.g., public float and annual revenue). These companies have reduced disclosure requirements. (Elventix qualifies as a smaller reporting company, suggesting it has limited financial resources and operating history.)
- Emerging Growth Company
- A classification for companies with less than $1.235 billion in annual gross revenue. These companies are allowed to take advantage of certain exemptions and scaled disclosure requirements under the JOBS Act. (Elventix's status as an emerging growth company indicates it is in an early stage of development and benefits from regulatory accommodations.)
- Standard Industrial Classification (SIC) Code
- A four-digit code used by U.S. government agencies to classify businesses based on their primary activity. SIC 7375 typically refers to Information Retrieval Services. (This code suggests Elventix Technology Corp's core business is related to information retrieval, though the S-1 may provide more specific details.)
- Proposed Maximum Offering Price
- The highest price at which the company intends to sell its shares in the initial public offering. (At $0.03 per share, this indicates a very low-priced stock, characteristic of penny stocks with high speculative risk.)
- Aggregate Offering Price
- The total value of the securities being offered, calculated by multiplying the number of shares by the offering price. (The $120,000 aggregate offering price is exceptionally small for an IPO, highlighting the company's limited capital-raising goals.)
Year-Over-Year Comparison
As this is the initial S-1 filing for Elventix Technology Corp, there is no prior filing to compare against. This filing represents the company's first formal step towards becoming a publicly traded entity, establishing its initial disclosures regarding business operations, financial condition, and the proposed public offering.
Filing Details
This Form S-1 (Form S-1) was filed with the SEC on July 31, 2025 regarding Elventix Technology Corp.