Company Overview - Dhoot Transmission Ltd. is an automotive-parts manufacturer backed by Bain Capital, with a 49% stake held by Bain after an investment in January [2][5] - Founded in 1999 and based in Maharashtra, India, Dhoot produces electronic sensors, automotive switches, cords, and cables for various vehicles and appliances [2][5] - The company operates manufacturing plants not only in India but also in the UK, Slovakia, Thailand, Japan, and South Korea [2][5] IPO Details - Dhoot Transmission Ltd. is preparing for an initial public offering (IPO) in Mumbai, expected to raise approximately $250 million [1][5] - The IPO is likely to include a fresh issue of shares and secondary sales by existing investors, with a potential valuation of up to $1.5 billion [1][5] - The company has appointed four banks, including Axis Bank Ltd. and Kotak Mahindra Bank Ltd., to facilitate the IPO [5] Market Context - Over $10 billion has been raised in Indian IPOs this year, marking a 16% increase compared to the same period in 2024 [5] - Notable IPOs this year include HDB Financial Services Ltd. and Hexaware Technologies Ltd., each raising over $1 billion [5]

As filed with the U.S. Securities and Exchange Commission on September 23, 2025 Registration No. 333-290122 UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Amendment No. 1 to Form F-1 REGISTRATION STATEMENT UNDER THE SECURITIES ACT OF 1933 HAMA Intelligence Limited (Exact Name of Registrant as Specified in its Charter) British Virgin Islands 7380 Not Applicable (State or Other Jurisdiction of Incorporation or Organization) (Primary Standard Industrial Classification Code Number) (I.R ...

Core Viewpoint - ALEC Holdings PJSC is launching an initial public offering (IPO) on the Dubai Financial Market, marking a significant step for the company and the region's construction sector [3][18] Company Overview - ALEC is a diversified engineering and construction group based in Dubai, UAE, and is recognized as one of the largest construction groups in the region [3][18] - The IPO aims to unify private-sector momentum and public investment under a cohesive capital strategy [3] IPO Details - The price range for the IPO is set between Dhs1.35 and Dhs1.40 per share, leading to a market capitalization of Dhs6.75 billion ($1.84 billion) to Dhs7 billion ($1.91 billion) at listing [3][4] - The offering consists of 1 billion shares, representing 20% of ALEC's total share capital, with an offering size between Dhs1.35 billion ($368 million) and Dhs1.40 billion ($381 million) [4] - All shares offered are existing shares, with no new capital being raised by ALEC [4] Shareholder Structure - Post-IPO, the Investment Corporation of Dubai (ICD) will retain an 80% stake in ALEC, maintaining majority control [5] - The IPO is viewed as a strategic monetization of government-backed assets while ensuring long-term control [6] Dividend Policy - ALEC has established a clear dividend policy, projecting a cash dividend of Dhs500 million, which implies a dividend yield of 7.1% to 7.4% based on the IPO price range [7][8] - A cash dividend of Dhs200 million is planned for April 2026, followed by a larger dividend of Dhs500 million for the financial year ending December 31, 2026 [7] Investor Tranches - The IPO is structured into three investor tranches: 1. Individual subscribers (5% of total shares) for retail investors [9] 2. Professional investors (94% of total shares) targeting qualified institutional investors [10] 3. Eligible employees (1% of total shares) for ALEC and ICD employees [11] Timeline and Regulatory Aspects - Subscription opens on September 23, 2025, and closes on September 30, 2025, with the final offer price announced on October 1, 2025, and expected listing on October 15, 2025 [15] - The IPO is subject to market conditions and regulatory approvals from the UAE's Securities and Commodities Authority (SCA) and Dubai Financial Market (DFM) [12] Stability Measures - The IPO includes lock-up provisions to ensure market stability, with a stabilisation mechanism in place for up to 100 million Offer Shares [13][16] Shariah Compliance - The offering has received Shariah compliance certification, enhancing its appeal to Islamic investors and aligning with regional investor preferences [14] Advisory and Banking Support - A consortium of financial institutions, including Emirates NBD Capital PSC and P. Morgan Securities PLC, is supporting the IPO [17][19]

Core Insights - Kraken's co-CEO Arjun Sethi indicates that the company is not currently pursuing an IPO despite speculation and market optimism surrounding the crypto industry [1][4] - The company has been focusing on strategic acquisitions rather than rushing to go public, with recent acquisitions including NinjaTrade and Breakout [4][5] - Sethi emphasizes that Kraken is not on an acquisition spree but is evaluating opportunities that align with its long-term roadmap [5][6] Company Strategy - Kraken has hinted at a potential IPO as early as Q1 2026, but plans have been delayed due to market conditions and regulatory challenges [4] - The company has been actively acquiring smaller firms to strengthen its position in the market, with a notable acquisition of NinjaTrade for $1.5 billion [4] - Sethi clarifies that the acquisitions are not opportunistic but are strategically aligned with Kraken's goals [5] Market Context - The crypto industry has seen a surge in IPO activity, with rival exchanges like Bullish and Gemini successfully listing on major stock exchanges [2] - The current pro-crypto environment in the U.S., including supportive policies from the government and the SEC, has created a favorable backdrop for potential public offerings [2][3]

SynopsisICICI Prudential Asset Management Co., India’s second-largest asset manager, has commenced investor roadshows in preparation for its planned initial public offering. The IPO, backed by Prudential Plc and ICICI Bank Ltd., aims to raise approximately $1.1 billion through the sale of a 10% stake held by Prudential, valuing the money manager at around $11 billion. ...

Core Viewpoint - Commercial Bancgroup has launched its initial public offering (IPO), offering a total of 3,738,317 shares of common stock, with an expected price range of $25.75 to $27.75 per share [2][4]. Company Overview - Commercial Bank is a Tennessee state-chartered commercial bank providing consumer and commercial banking products and services in parts of Kentucky, North Carolina, and Tennessee [4]. IPO Details - The selling shareholders plan to grant underwriters a 30-day option to purchase an additional 560,747 shares at the IPO price [2]. - The net proceeds from the offering will be used to repay certain company indebtedness, redeem outstanding subordinated debentures, and for general corporate purposes [3]. Market Context - The U.S. IPO market has been experiencing a resurgence, with seven large-cap companies raising over $4 billion in a single week, indicating a positive reception for new public offerings [6][7]. - The banking and insurance sectors are currently attractive to investors as the IPO market is recovering from a slump, and these companies' core operations are less affected by tariffs and import/export price fluctuations [5].

Financial Performance - PhonePe reported revenue exceeding ₹7,000 crore for FY25, with a 41% increase in revenue from operations to ₹7,148.6 crore compared to ₹5,064.1 crore in FY24 [1] - Total income, including other income, rose to ₹7,631.4 crore from ₹5,722 crore in FY24 [1] - Expenses increased to ₹9,394.1 crore in FY25, a 21% rise from ₹7,754.3 crore in FY24, but the growth rate of expenses was lower than that of revenue [2] - Consolidated loss after tax narrowed to ₹1,727.4 crore in FY25 from ₹1,996.2 crore in FY24 [2] - Other comprehensive income for the year was ₹72.6 crore, reversing a loss of ₹16.3 crore from the previous year [2] Company Overview - PhonePe was founded in December 2015 and is a subsidiary of Walmart Inc, expanding from payments into insurance, lending, wealth management, and consumer technology [2] - The company has raised nearly $1 billion from investors, including General Atlantic and Tiger Global, and was valued at $12 billion in its latest funding round in 2023 [2] IPO Plans - PhonePe is preparing for a public listing and has appointed JP Morgan, Citi India, Morgan Stanley, and Kotak Mahindra Capital as merchant bankers for its proposed IPO [3] - In April, the company transitioned from a private firm to a public company in preparation for its IPO, marking a significant milestone as it celebrates its 10-year anniversary [4] - The company shifted its domicile from Singapore to India in 2022, becoming the first Indian company to do so, which involved a tax payment of approximately ₹8,000 crore to the Indian government [4]

Core Viewpoint - A lawsuit has been filed against Lineage, Inc. and its senior executives for potential violations of federal securities laws related to its IPO and subsequent financial performance [1][2]. Group 1: Lawsuit Details - The lawsuit is pending in the U.S. District Court for the Eastern District of Michigan, specifically titled City of St. Clair Shores Police and Fire Retirement System v. Lineage, Inc., et al., No. 2:25-cv-12383 [2]. - Investors who purchased stock during Lineage's IPO on July 25, 2024, are represented in the lawsuit, which asserts claims under Sections 11 and 15 of the Securities Act of 1933 [2]. Group 2: Company Overview - Lineage, Inc. operates as a cold storage-focused real estate investment trust (REIT), owning and managing temperature-controlled storage facilities for perishable products [3]. - The company claimed in its IPO documents that it had "consistent cold chain demand," which was expected to provide strong cash flows even during economic downturns [4]. Group 3: Financial Performance and Market Reaction - Following the IPO, Lineage's stock price has significantly declined from an initial price of $78 per share to approximately $40 per share, indicating a drop of nearly 50% [5]. - The company's Q4 2024 financial results revealed that customers were reducing excess inventory, returning to a more typical seasonal pattern, which was anticipated to continue [5].

Group 1 - Pine Labs, an Indian payments technology company, aims to raise up to $700 million through an IPO scheduled for the second half of October, down from an initial target of $1 billion due to current shareholders reducing their stake [1][2] - The IPO will consist of new shares valued at Rs26 billion ($295 million) and the sale of 147.8 million shares by the founder and investors, including Peak XV Partners, Pine Investment Holdings, and Invesco Investment Funds [2] - Discussions regarding the timing and size of the offering are ongoing and may change [2] Group 2 - Pine Labs reported a loss of Rs1.9 billion against a revenue of Rs13.4 billion for the fiscal year ending in March 2024 [3] - The company provides payment terminals and services in India and international markets such as Singapore, Malaysia, and the UAE [3] - In March 2023, Pine Labs and Visa launched Visa Instalment Solutions (VIS) on Pine Labs' multi-issuer platform, enabling merchants in Southeast Asia to offer installment payments [3][4]

Core Viewpoint - BitGo, a crypto custody provider, has filed for a U.S. initial public offering (IPO) to capitalize on renewed institutional interest in digital asset infrastructure under a favorable regulatory environment [1] Company Overview - BitGo reported $90.3 billion in assets on its platform as of June 30, 2025, serving over 4,600 institutional clients and 1.1 million users across 100 countries [2] - The company supports custody for more than 1,400 digital assets and offers $250 million in insurance coverage, alongside SOC 1 and SOC 2 audits [2] IPO Structure - The IPO will allow co-founder and CEO Michael Belshe to maintain control through dual-class shares, with Class B shares granting him 15 votes each compared to one vote for Class A stock, qualifying BitGo as a "controlled company" under NYSE rules [3] Regulatory Developments - BitGo's public filing follows its expanded license from Germany's BaFin, allowing it to provide custody, trading, staking, and transfers under the EU's new MiCA framework [4] - The IPO coincides with U.S. and European banks re-entering the digital custody space, with U.S. Bancorp relaunching its crypto custody business and Deutsche Bank planning to offer custody for cryptocurrencies starting next year [5][6] Financing and Valuation - BitGo secured financing with only a minor valuation decrease compared to prior expectations, raising $100 million at a $1.75 billion valuation in August 2024 [7] - The firm had previously raised $42.5 million in a Series B funding round in 2017 [7] Historical Context - BitGo had previously explored going public in 2021 through an acquisition by Galaxy Digital, which was terminated in August 2022 due to BitGo's failure to provide audited financial statements [8]