TAICHUNG CITY, Taiwan, Sept. 22, 2025 (GLOBE NEWSWIRE) -- J-Star Holding Co., Ltd. (Nasdaq: YMAT) (“J-Star” or the “Company”), a leading provider of innovative carbon fiber and composite solutions across a wide range of applications including personal sports equipment, healthcare products, automobile parts, resin systems, and research and development services, today announced that Sam Van has been named Chief Executive Officer of J-Star, effective October 1. Mr. Van succeeds Jonathan Chiang, who will contin ...

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].

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]

Company Overview - J-Star Holding Co., Ltd. is a leading provider of innovative carbon fiber and composite solutions across various applications including personal sports equipment, healthcare products, automobile parts, resin systems, and research and development services [1][6] - The company has over 50 years of experience in the material composites industry, with operations in Taiwan, Hong Kong, and Samoa [6] Initial Public Offering (IPO) Details - J-Star announced the closing of its initial public offering of 1,250,000 ordinary shares at a price of $4.00 per share, resulting in gross proceeds of $5.0 million before expenses [1][2] - The shares began trading on the Nasdaq Capital Market under the symbol "YMAT" on July 30, 2025 [2] - Maxim Group LLC acted as the sole Book-Running manager for the offering and has been granted a 45-day option to purchase an additional 187,500 shares at the offering price [2][3] Regulatory Information - The offering was conducted under the Company's Registration Statement on Form F-1, which was declared effective by the U.S. Securities and Exchange Commission on July 29, 2025 [4]

Core Viewpoint - J-Star Holding Co., Ltd. has announced a public offering of 1,250,000 ordinary shares priced at $4.00 per share, aiming to raise approximately $5.0 million before expenses [1][2]. Company Overview - 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][6]. - The company has over 50 years of experience in the material composites industry, focusing on carbon reinforcement and resin systems [6]. Offering Details - The public offering is set to begin trading on the Nasdaq Capital Market under the ticker symbol "YMAT" on July 30, 2025, with the offering expected to close on July 31, 2025 [3]. - Maxim Group LLC is the sole Book-Running manager for the offering, and the offering is conducted under the Company's Registration Statement on Form F-1, which was declared effective by the SEC [3][4].