Latest S-1 registration statements

Heartflow, a pioneer in AI-powered coronary artery disease diagnostics, has filed its S-1 registration statement for an initial public offering, showcasing significant revenue growth and an expanding product pipeline despite ongoing net losses.

McGraw Hill, a leading global education solutions provider, is pursuing an Initial Public Offering of 24.39 million shares at an estimated price range of $19.00 to $22.00 per share, aiming to reduce its substantial debt while continuing its digital and AI-driven growth strategy.

BRB Foods Inc., a Brazilian dry food manufacturer, is pursuing an initial public offering on Nasdaq to fund its strategic national relaunch of 64 products by Q3 2025, despite recent net losses and a temporary sales pause.

A newly formed blank check company, Timber Road Acquisition Corp., aims to raise $200 million through an initial public offering to pursue a business combination in the real estate and consumer industries, emphasizing experienced management and strategic market insights.

Biofrontera Inc. has filed an S-1 registration statement to allow selling stockholders to resell 13,602,176 shares of common stock issued from the conversion of Series C Convertible Preferred Stock, with the company not receiving any proceeds from these sales.

Gameverse Interactive Corp, a pre-revenue software and video game development company, is launching an initial public offering to raise $13.1 million to accelerate its TruWorlds metaverse platform development, despite facing a 'going concern' warning from its auditors due to historical losses and negative cash flows.

Crown Reserve Acquisition Corp. I, a newly formed blank check company, filed an S-1/A registration statement for its initial public offering of $150 million, aiming to acquire a business primarily in the pharma, medical technology, or healthcare IT industries.

Tecogen Inc. filed Amendment No. 3 to its S-1 Registration Statement, primarily to update the signature page with its Principal Accounting Officer and disclose estimated registration expenses, recent share issuance, and corporate governance policies.

NUBURU, Inc. is undergoing a significant business transformation and continuous capital raises to address severe liquidity constraints, recurring losses, and a going concern doubt, while facing potential delisting from NYSE American.

Nuburu, Inc. files an amended S-1 registration statement to register the resale of up to 20 million common shares by YA II PN, LTD. under a $100 million Standby Equity Purchase Agreement, while detailing significant financial losses, strategic acquisitions, and ongoing liquidity challenges.

MSM Frontier Capital Acquisition Corp., a blank check company, filed an amended S-1 registration statement for its $225 million initial public offering, aiming to acquire businesses in Africa's power, oil and gas, and cement sectors.

Tecogen Inc. filed Amendment No. 2 to its S-1 Registration Statement, primarily to include the Principal Accounting Officer on the signature page, update estimated offering expenses, and detail corporate governance policies.

Spirit Aviation Holdings, Inc., the new parent company of Spirit Airlines, has filed an S-1 registration statement to allow selling stockholders to resell up to 6.28 million shares of common stock following its emergence from Chapter 11 bankruptcy.

Tecogen Inc. filed an Amendment No. 1 to its S-1 Registration Statement, primarily to include its Principal Accounting Officer's signature and update estimated offering expenses, while reiterating its director indemnification policies.

ECD Automotive Design, a custom luxury car builder, reported substantial net losses and a working capital deficit, raising going concern doubts, even as it pursues new financing, expands product lines, and undergoes key management changes.

ENDRA Life Sciences Inc. is launching a public offering of common stock and warrants to raise approximately $118 million, primarily to fund a new treasury strategy focused on holding bitcoin and other cryptocurrencies, while continuing to develop its TAEUS medical technology.

reAlpha Tech Corp. is conducting a best-efforts public offering of up to 16.38 million shares and warrants to raise approximately $3.5 million, while facing Nasdaq delisting notices and transitioning its business from short-term rentals to an AI-powered homebuying platform.

Functional Brands Inc., a nutraceutical and hemp-derived product manufacturer, is pursuing a direct listing on Nasdaq while grappling with recurring losses, negative cash flows, and a significant accumulated deficit, prompting an auditor's going concern warning.

AIM ImmunoTech Inc. has filed an amended registration statement for a public offering of up to $10 million in units, seeking to raise capital while facing significant financial challenges including negative stockholders' equity and a risk of delisting from the NYSE American.

Harvard Ave Acquisition Corporation, a Cayman Islands-incorporated blank check company, filed an amended S-1 registration statement for its initial public offering of 18 million units at $10.00 each, emphasizing its search for a business combination while disclosing substantial potential dilution for public shareholders and risks associated with its international management and sponsor structure.

Accelerant Holdings, a specialty insurance marketplace, is set to launch its initial public offering on the NYSE, showcasing robust premium growth and a recent shift to profitability driven by its data-driven risk exchange model.

Carlsmed, a medical technology company specializing in AI-enabled personalized spine surgery, is pursuing an initial public offering of 6.7 million shares, aiming to raise approximately $88.3 million to fuel commercialization and R&D, particularly for its planned 2026 cervical spine fusion market entry.

Solarius Capital Acquisition Corp., a newly formed blank check company, filed an amended S-1 registration statement for its $150 million initial public offering, aiming to acquire businesses in the asset management, wealth management, and financial services sectors.

reAlpha Tech Corp. is seeking to raise up to $3.52 million through a public offering of common stock and warrants to fund operations, while facing Nasdaq delisting warnings, a substantial accumulated deficit, and an independent auditor's going concern doubt.

GivBux, Inc. has filed an S-1 registration statement to register shares for resale from a recent convertible note and warrant financing of up to $11.11 million, as the company continues to report substantial net losses and faces a going concern doubt.

Arrive AI Inc., a developmental technology company focused on smart mailboxes for autonomous last-mile delivery, has filed an S-1/A registration statement to allow for the resale of up to 8,125,779 shares, outlining its strategic product roadmap, financial performance marked by ongoing losses, and significant capital raising efforts.

A biopharmaceutical company is registering a significant resale of common stock by existing holders, while grappling with Nasdaq non-compliance issues and a 'going concern' audit opinion, signaling substantial financial challenges.

Tecogen Inc. has filed an S-1 registration statement to offer 2.67 million shares of common stock, aiming to raise capital for its strategic expansion into the artificial intelligence data center market and other growth initiatives, despite an operating history of losses and identified material weaknesses in internal controls.

Duos Technologies Group, Inc. announced a substantial 363% increase in first-quarter 2025 revenues, primarily due to a new Asset Management Agreement in the power generation sector, even as its core rail technology segment faced significant project delays.

Dror Ortho-Design, Inc., a development-stage company, filed an amended S-1 registration statement to offer up to 2,020,203 shares of common stock and warrants, aiming to raise approximately $8.9 million for working capital and general corporate purposes, while facing significant operating losses and a going concern warning.