早在2025年12月18日，美国证券交易委员会(SEC)批准了纳斯达克关于上调IPO流动性门槛的整体方案。该方案包含两个关键调整：一是将全球企业IPO的最 低公众持股市值门槛从500万美元大幅提升至1500万美元;二是拟针对主要在中国运营的企业，设定更高的2500万美元募资要求。 这标志着美股上市监管进一步从"形式合规"转向"实质风控"。其中，1500万美元的全球性新门槛已于2026年1月17日正式生效，显著收窄了中小企业赴美融 资的通道。而针对中国企业的2500万美元专项要求目前仍为提案，尚未实施，其后续进展有待进一步观察。 就在赴美上市门槛全面提升的背景下，仍有中企欲登陆美国资本市场，这其中就包括了来自香港的Riverstone Ltd(以下简称"韦恩实业")。 智通财经APP了解到，在2025年4月11日向SEC秘密递表之后，韦恩实业已于2025年12月29日向SEC提交了公开版的招股说明书，申请以"DNJF"为代码在纳 斯达克上市。 据招股书显示，韦恩实业是一家垂直整合的、兼具B2B和B2C业务模式的快时尚供应链管理服务提供商。其预计在此次IPO中以5-7美元的价格发行250万股 普通股，募集资金约1 ...

Core Viewpoint - Riverstone Holdings Limited has submitted an IPO application to list on the NASDAQ under the ticker "DNJF," aiming to raise $15 million by offering 2.5 million shares at a price range of $5 to $7 per share, which would value the company at $75 million at the midpoint of the proposed range [1] Company Overview - Riverstone is headquartered in Hong Kong and operates as a B2B and B2C fast fashion supply chain management service provider, offering comprehensive solutions including market trend analysis, product design, raw material procurement, production, quality control, and logistics management [1] - The company serves a diverse clientele primarily located in Australia, Mexico, the UK, and the US [1] - Riverstone has a manufacturing facility in China covering over 13,000 square meters, with a monthly production capacity of 600,000 garments [1] - The company also operates its own brand, DOUBLE CRAZY [1] Financial Performance - For the 12 months ending March 31, 2025, Riverstone is projected to achieve revenues of $46 million [1] - The IPO application was submitted confidentially on April 11, 2025, with Joseph Gunnar acting as the sole book-running manager for the transaction [1]