As filed with the U.S. Securities and Exchange Commission on October 23, 2025. Registration No. 333-290821 UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 AMENDMENT NO. 1 TO FORM S-1 REGISTRATION STATEMENT UNDER THE SECURITIES ACT OF 1933 _____________________________________ SONIC LIGHTING, INC. (Exact Name of Registrant as Specified in its Charter) _____________________________________ | Nevada | 5010 | 33-4774630 | | --- | --- | --- | | (State or Other Jurisdiction of | (Primary S ...

Core Insights - Punjab National Bank (PNB) has divested a 10% stake in Canara HSBC Life Insurance Company, reducing its ownership from 23% to 13% [1][2] - The divestment was executed through an offer for sale (OFS) during Canara HSBC Life's IPO, which was oversubscribed 2.3 times due to strong institutional interest [2][3] - PNB's divestment generated proceeds of approximately Rs10.07 billion from the sale of 95 million shares at Rs106 each [1][2] Financial Performance - PNB reported a 14% year-over-year increase in net profit, reaching Rs49.04 billion for the quarter ending in September [3] - Canara HSBC Life Insurance reported a profit of Rs849 million for the nine-month period ending December 31, 2024 [4] Strategic Moves - The divestment aligns with PNB's strategy to streamline capital and monetize non-core assets while maintaining strategic partnerships in the financial sector [3] - PNB MetLife India Insurance has entered a bancassurance partnership with India Post Payments Bank (IPPB) to enhance the distribution of life insurance products [4][5] - The partnership allows PNB MetLife's products to reach over 110 million customers through IPPB's 650 banking outlets [5]

Core Points - Miluna Acquisition Corp has priced its initial public offering (IPO) at $10.00 per unit, with a total of 6,000,000 units being offered [1] - The units will be listed on the Nasdaq Global Market under the ticker symbol "MMTXU" starting October 23, 2025 [1] - Each unit consists of one ordinary share and one redeemable warrant, with separate trading expected for the shares and warrants under the symbols "MMTX" and "MMTXW" respectively [1] Offering Details - D. Boral Capital LLC and ARC Group Securities LLC are the joint book-running managers for the offering [2] - The underwriters have a 45-day option to purchase an additional 900,000 units to cover over-allotments [2] - The offering is anticipated to close on October 24, 2025, subject to customary closing conditions [2] Company Background - Miluna Acquisition Corp is a blank check company aimed at executing mergers, share exchanges, asset acquisitions, and similar business combinations [5] - The company is open to pursuing targets in any industry or geographic region, except for those based in or primarily operating in the People's Republic of China [5] Regulatory Information - A registration statement for the securities was declared effective by the Securities and Exchange Commission on September 30, 2025 [3] - The offering is being conducted solely through a prospectus, which can be obtained from the underwriters [3]

Core Points - Univest Securities, LLC announced the closing of an initial public offering for AMBITIONS ENTERPRISE MANAGEMENT CO. L.L.C, raising gross proceeds of US$6.9 million by offering 1,725,000 Class A ordinary shares at a price of US$4.00 per share [1][2] - The Class A Ordinary Shares began trading on the Nasdaq Capital Market under the ticker symbol "AHMA" on October 21, 2025 [2] Company Overview - AMBITIONS ENTERPRISE MANAGEMENT CO. L.L.C is a UAE-based provider of MICE (meetings, incentives, conferences, and exhibitions) and tourism services, offering event management and travel solutions globally [7] - The company is supported by an experienced management team and partnerships across the tourism and hospitality sectors in the Middle East, Europe, Africa, and the Americas [7] Investment Banking Details - Univest Securities, LLC and AC Sunshine Securities LLC acted as joint bookrunners for the offering, with legal counsel provided by Hunter Taubman Fischer & Li and Ortoli Rosenstadt LLP [3] - A registration statement on Form F-1 was filed with the SEC and declared effective on September 30, 2025 [4]

Group 1 - Kraken plans to take the majority of its staff to a Caribbean island in January 2024 for a team-building event ahead of its anticipated U.S. listing [1] - The company has issued a special one-off bonus to all employees, indicating a positive shift in morale after earlier staff cuts [2] - Kraken reported a significant increase in revenue, with Q3 revenue more than doubling and adjusted earnings before taxes reaching $178.6 million, a 124% increase quarter-over-quarter [2] Group 2 - The company is expected to file its S-1 with the U.S. Securities and Exchange Commission (SEC) before the end of this year, although the exact timing has not been confirmed [3]

Core Insights - Kraken's revenue more than doubled in Q3, reaching $648 million, a 114% increase year-over-year [1] - Adjusted earnings before taxes reached $178.6 million, up 124% quarter-over-quarter, with total volume rising 23% to $561.9 billion [2] - Kraken plans to go public in the U.S., joining other crypto firms in seeking public market access [3] Financial Performance - Revenue for Q3 was $648 million, reflecting a 114% increase from the previous year [1] - Adjusted earnings before taxes were $178.6 million, compared to a slightly negative figure a year earlier [2] - Total trading volume increased by 23% to $561.9 billion in the same period [2] IPO Plans - Kraken is preparing for an initial public offering, having recently raised $500 million, valuing the company at $15 billion [2] - The potential IPO would position Kraken alongside other crypto firms like Bullish and Gemini in the public markets [3] - Competitor Coinbase is expected to report a nearly 50% increase in adjusted revenue for Q3 [3]

Core Viewpoint - Shawbrook Group is preparing for an initial public offering (IPO) with a targeted market capitalization between £1.8 billion ($2.4 billion) and £2 billion ($2.7 billion) upon its admission to the London Stock Exchange [1] Group 1: IPO Details - The IPO is expected to finalize on 4 November 2025, with share prices set between 350p and 390p [1] - The current sole shareholder, Marlin Bidco, plans to sell between 79.9 million and 81.1 million shares [2] - Shawbrook Group will issue between 12.8 million and 14.3 million new shares to raise £50 million in gross proceeds [2] Group 2: Ownership and Offer Structure - Post-IPO, public ownership of Shawbrook Group's shares is projected to be approximately 18% if the over-allotment option is not executed, increasing to around 21% if fully exercised [3] - The offering will be available to qualified institutional buyers in the US and UK-based retail investors, with a minimum application sum of £250 for retail investors [3] Group 3: Application and Advisory Details - The final deadline for retail offer applications is set for 29 October 2025 [4] - Shawbrook has appointed Ardea Partners International as its financial adviser, with Goldman Sachs International and Barclays Bank serving as joint global coordinators and joint bookrunners [4]

Core Insights - Hong Kong Exchanges and Clearing (HKEX) has emerged as the largest IPO market globally, with over 300 companies in the listing pipeline, indicating strong fundraising momentum in the city [1][2] - International investors, particularly from Europe, the US, the Middle East, and emerging markets, are actively participating in new listings, showing confidence in the mainland's technology sector [2][3] - Total funds raised from new share sales in Hong Kong surged by 220% year-on-year in the first nine months of 2025, amounting to US$23.27 billion raised by 66 companies on the main board [3][4] Fundraising and Market Performance - HKEX outperformed the New York Stock Exchange and Nasdaq, which raised US$16.53 billion and US$15.32 billion respectively, marking the first time HKEX ranked first in the first three quarters since 2018 [4] - The Hang Seng Index increased by 35% this year, making it one of the best-performing major indices globally [5] - Funds raised by existing Hong Kong-listed companies through share placements and other offerings reached HK$456.1 billion (US$58.47 billion) in the first nine months of this year, which is double the amount raised in IPOs during the same period [6]

Core Insights - The capital markets in Hong Kong are experiencing significant activity, driven by international capital inflows into IPOs and refinancing deals, particularly due to the perceived value and quality of Chinese assets [1][3]. Group 1: Market Activity - Citic Securities International is a major player in the Hong Kong IPO market, sponsoring approximately one-third of the companies with IPO applications as of October 7 [2]. - In the first nine months of the year, 66 companies raised a total of US$23.3 billion from the Hong Kong stock exchange, marking a year-on-year increase of over three times and solidifying Hong Kong's status as the leading capital-raising venue globally [5]. Group 2: Financial Performance - Citic Securities reported a rise in fee and commission income from investment banking to 2.13 billion yuan (US$300 million) in the first half of the year, up from 1.8 billion yuan the previous year [4]. - The company achieved the highest investment banking fees in the Asia-Pacific region, excluding Japan, totaling US$1.06 billion in the first three quarters of 2025 [3]. Group 3: Future Outlook - The continued interest from international capital is expected as long as there are profitable opportunities, particularly in high-quality deals involving mega-cap blue chips [3]. - Citic Securities is expanding its team to meet the growing demand in the thriving market, with an IPO pipeline that includes companies from various regions including China, Europe, the US, and Southeast Asia [4].

Core Points - Calisa Acquisition Corp has priced its initial public offering (IPO) at $10.00 per unit, with a total of 6,000,000 units being offered [1] - The units will be listed on Nasdaq under the ticker symbol "ALISU" starting October 22, 2025, and will consist of one ordinary share and one right [1] - The company is a Cayman exempt company formed as a blank check company, focusing on business combinations primarily in Asia [2] Offering Details - EarlyBirdCapital, Inc. is the book-running manager for the offering, with an option for underwriters to purchase an additional 900,000 units within 45 days [3] - A registration statement for these securities was filed with the SEC and became effective on October 20, 2025 [4]