3 unchanged sentences
of Common Stock
−Removed: On July 1, 2024, we closed our initial public offering (“IPO”),
−Removed: in which we sold 1,500,000 shares of common stock at a price to the public of $4.50 per share.
−Removed: The offer and sale
−Removed: of the shares in our IPO were registered under the Securities Act pursuant to a registration statement on Form S-1 (File No.
+Added: On July 1, 2024, we closed
+Added: our initial public offering (“IPO”), in which we sold 1,500,000 shares of common stock at a price to the public
+Added: of $4.50 per share.
+Added: The offer and sale of the shares in our IPO were registered under the Securities Act pursuant to a registration
+Added: statement on Form S-1 (File No.
333-278416), which was declared effective by the Securities and Exchange Commission on June 27, 2024.
−Removed: We raised approximately $5.7 million
−Removed: in net proceeds after deducting underwriters’ discounts and commissions as well as offering.
−Removed: As of the date of this report, with
−Removed: the proceeds of the IPO, we used approximately $3.3 million for in marketing activities and business expansion and used approximately
−Removed: $1.9 million for working capital needs.
−Removed: We expect to use the remaining net proceeds for (i) investment in strengthening our cross-border supply
−Removed: chain capabilities, (ii) marketing activities to grow our customer base, (iii) strategic investments and potential mergers and acquisitions
−Removed: in the future, and (iv) general corporate purposes.
+Added: We raised approximately $5.7 million in net proceeds after deducting underwriters’ discounts and commissions as well as
+Added: As of the date of this report, with the proceeds of the IPO, we used approximately $3.3 million for in marketing activities
+Added: and business expansion and used approximately $2.4 million for working capital needs.
+Added: We expect to use the remaining net proceeds for
+Added: (i) investment in strengthening our cross-border supply chain capabilities, (ii) marketing activities to grow our customer base,
+Added: (iii) strategic investments and potential mergers and acquisitions in the future, and (iv) general corporate purposes.
Defaults Upon Senior Securities
1 unchanged sentence
Compared sentence by sentence after normalising whitespace, quotation marks, case and digits, so re-formatting and restated figures do not read as changed language. Wording changes appear as one removal and one addition. The current filing and the prior one are authoritative.