Core Viewpoint - J-Star Holding Co., Ltd. successfully completed the sale of an additional 187,500 ordinary shares at the IPO price of $4.00 per share, raising a total of $5,750,000, which includes previously announced IPO gross proceeds of $5,000,000 [1] Group 1: Company Overview - J-Star is a leading provider of innovative carbon fiber and composite solutions, serving various applications such as personal sports equipment, healthcare products, automobile parts, and resin systems [1] - The company has over 50 years of experience in the material composites industry, with operations in Taiwan, Hong Kong, and Samoa [5] - J-Star specializes in developing and commercializing technology related to carbon reinforcement and resin systems, producing lightweight, high-performance carbon composite products [5] Group 2: Offering Details - The Offering was conducted under the Company's Registration Statement on Form F-1, which was declared effective by the SEC on July 29, 2025 [3] - Maxim Group LLC acted as the sole Book-Running manager for the Offering, with legal counsel provided by Loeb & Loeb LLP and Ellenoff Grossman & Schole LLP [2]
J-Star Holding Announces Closing of Underwriters’ Over-Allotment Option in Connection with Initial Public Offering