Core Viewpoint - J-Star Holding Co., Ltd., a Taiwanese carbon fiber composite materials manufacturer, is set to go public on NASDAQ, issuing 1.25 million shares at $4 each, raising a total of $5 million. The company initially submitted its application in 2021 [1]. Company Overview - J-Star's predecessor was established in 1970, focusing on the research and production of high-performance carbon composite materials. The company's product range includes carbon fiber bicycle components (such as frames and handlebars), high-end sports equipment (tennis and badminton rackets), automotive lightweight parts (body structure components), and health products. The company has over 50 years of technological expertise, with its R&D center located in Taichung, Taiwan, and its main production facility in Dongguan, China, along with subsidiaries in Hong Kong and Samoa [3]. Financial Performance - For the fiscal years ending December 31, 2023, and 2024, the company's revenues were reported at $23.77 million and $39.38 million, respectively, with corresponding net profits of $2.18 million and $1.01 million [6]. - For the six months ending June 30, 2024, the operating revenue was approximately $8.01 million, with a gross profit of about $2.45 million. Operating expenses were around $1.83 million, leading to a profit from continuing operations of approximately $497,249 [7].