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 in gross proceeds from the Offering [1]. Group 1: Offering Details - The Offering included the full exercise of the underwriters' over-allotment option and was part of the Company's initial public offering [1]. - The total gross proceeds from the IPO were previously announced as $5,000,000, prior to deducting underwriting discounts and commissions [1]. - Maxim Group LLC acted as the sole Book-Running manager for the Offering [2]. Group 2: Company Background - 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]. - The Company has over 50 years of experience in the material composites industry and operates through subsidiaries 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].