- Filed
- Dec 19, 2025
- Pages
- 170
- Underwriters
- —
Road to listing
310 days from first draft to public filing- Draft submittedFeb 12 · DRSA first draft of the registration statement, sent to the SEC in confidence.0001213900-25-013048
- Draft amendedAug 15 · DRS/A0001213900-25-077022
- Draft amendedOct 6 · DRS/A0001213900-25-096268
- Filed in publicDec 19 · S-1The registration statement, public for the first time.0001213900-25-123767
- AmendedApr 17 · S-1/AThe registration statement, revised.0001213900-26-044859
- AmendedOct 22 · S-1/AThe registration statement, revised.0001213900-26-111649
- RoadshowNot yet · FWPA company that filed drafts in confidence must file in public at least 15 days before its roadshow begins.
- EffectiveNot yet · EFFECTThe SEC declares the registration statement effective, and the shares can be sold.
- PricedNot yet · 424B4The final prospectus, with the price the shares sold at.
- First tradeNot yet · NEOAThe shares open on the exchange, and the desk covers the company in full.
The company sent the SEC 3 drafts in confidence over 310 days, then filed in public on December 19, 2025. The dashed stops are still to come.
Revenue
FY 2025p. 12from SGD 0.00 in FY 2024
Loss from operations
FY 2025p. 12from SGD 1.34M in FY 2024
Net loss
FY 2025p. 12from SGD 1.27M in FY 2024
Cash
Jun 30, 2026p. 13
Total assets
Jun 30, 2026p. 13Liabilities SGD 612.67K
Reading
Thaler Agent, each line on its passageRevenue and its largest cost
Statement of operations
52 of 52 checks passedAs filed, in the prospectus’s own lines, in SGD.
| Line | FY 2024 | FY 2025 | H1 2025 | H1 2026 |
|---|---|---|---|---|
| Revenues | — | — | — | — |
| Gross profit | — | — | — | — |
| Total operating expenses | ||||
| Loss from operations | ||||
| Total other income, net | ||||
| Income tax expense | — | — | — | — |
| Net loss |
Balance sheet
As filed, in the prospectus’s own lines, in SGD.
| Line | Dec 31, 2024 | Dec 31, 2025 | Jun 30, 2026 |
|---|---|---|---|
| Cash and cash equivalents | |||
| Deferred offering costs | — | ||
| Other current assets, net | — | ||
| Total current assets | |||
| Plant and equipment, net | — | — | — |
| Operating leases right-of-use assets | |||
| Total non-current assets | |||
| TOTAL ASSETS | |||
| Accruals and other payables | — | ||
| Operating lease liabilities, current | — | ||
| Amount due to stockholders | — | ||
| Total current liabilities | |||
| Operating lease liabilities | — | — | |
| Total non-current liabilities | — | ||
| TOTAL LIABILITIES | |||
| Total shareholders’ equity | |||
| COMMITMENTS AND CONTINGENCIES (Note 12) | — | — | — |
| Class A Common stock | — | — | |
| Class B Common stock | — | — | |
| Additional paid-in capital | — | ||
| Accumulated deficit | — | ||
| TOTAL STOCKHOLDERS’ EQUITY | — | ||
| TOTAL LIABILITIES AND STOCKHOLDERS’ EQUITY | — |
Read from the prospectus’s tables, merged into one statement: the audited financial statements first, every other table checked against them.
From SEC EDGAR · Form S-1/A · 0001213900-26-111649 · filed October 22, 2026