Company Overview - J-Star Holding Co., Ltd. is a leading provider of innovative carbon fiber and composite solutions across various applications including personal sports equipment, healthcare products, automobile parts, resin systems, and research and development services [1][6] - The company has over 50 years of experience in the material composites industry, with operations in Taiwan, Hong Kong, and Samoa [6] Initial Public Offering (IPO) Details - J-Star announced the closing of its initial public offering of 1,250,000 ordinary shares at a price of $4.00 per share, resulting in gross proceeds of $5.0 million before expenses [1][2] - The shares began trading on the Nasdaq Capital Market under the symbol "YMAT" on July 30, 2025 [2] - Maxim Group LLC acted as the sole Book-Running manager for the offering and has been granted a 45-day option to purchase an additional 187,500 shares at the offering price [2][3] Regulatory Information - The offering was conducted under the Company's Registration Statement on Form F-1, which was declared effective by the U.S. Securities and Exchange Commission on July 29, 2025 [4]

Core Viewpoint - J-Star Holding Co., Ltd., a Taiwanese carbon fiber composite materials manufacturer, is set to go public on NASDAQ, issuing 1.25 million shares at $4 each, raising a total of $5 million. The company initially submitted its application in 2021 [1]. Company Overview - J-Star's predecessor was established in 1970, focusing on the research and production of high-performance carbon composite materials. The company's product range includes carbon fiber bicycle components (such as frames and handlebars), high-end sports equipment (tennis and badminton rackets), automotive lightweight parts (body structure components), and health products. The company has over 50 years of technological expertise, with its R&D center located in Taichung, Taiwan, and its main production facility in Dongguan, China, along with subsidiaries in Hong Kong and Samoa [3]. Financial Performance - For the fiscal years ending December 31, 2023, and 2024, the company's revenues were reported at $23.77 million and $39.38 million, respectively, with corresponding net profits of $2.18 million and $1.01 million [6]. - For the six months ending June 30, 2024, the operating revenue was approximately $8.01 million, with a gross profit of about $2.45 million. Operating expenses were around $1.83 million, leading to a profit from continuing operations of approximately $497,249 [7].

Core Viewpoint - J-Star Holding Co., Ltd. has announced a public offering of 1,250,000 ordinary shares priced at $4.00 per share, aiming to raise approximately $5.0 million before expenses [1][2]. Company Overview - J-Star is a leading provider of carbon fiber and composite solutions, with applications in personal sports equipment, healthcare products, automobile parts, and more [1][6]. - The company has over 50 years of experience in the material composites industry, focusing on carbon reinforcement and resin systems [6]. Offering Details - The public offering is set to begin trading on the Nasdaq Capital Market under the ticker symbol "YMAT" on July 30, 2025, with the offering expected to close on July 31, 2025 [3]. - Maxim Group LLC is the sole Book-Running manager for the offering, and the offering is conducted under the Company's Registration Statement on Form F-1, which was declared effective by the SEC [3][4].

As filed with the U.S. Securities and Exchange Commission on July 25, 2025. Registration No. 333-286805 UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 Amendment No. 2 to FORM F-1 REGISTRATION STATEMENT UNDER THE SECURITIES ACT OF 1933 J-Star Holding Co., Ltd. (Exact name of Registrant as specified in its charter) Not Applicable (Translation of Registrant's name into English) (State or other jurisdiction of incorporation or organization) (I.R.S. Employer Identification Number) 7/F-1, ...