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F-1/A: Registration statement for securities of certain Canadian issuers (Amendment)

SEC announcement ·  Jun 27 00:52
Summary by Futu AI
SRIVARU Holding Limited (SVH), a Cayman Islands exempted company, has filed a registration statement with the U.S. Securities and Exchange Commission (SEC) for the resale of shares by certain shareholders. The registration includes 21,208,158 ordinary shares and 250,000 shares underlying warrants. SVH, which operates through its subsidiary SVM, is an electric two-wheeler (E2W) manufacturer focusing on the Indian market. The company began early-stage commercial sales in 2021 and plans to expand its product offerings and distribution network. SVH will not receive proceeds from the resale of shares by the selling shareholders. The registration statement also outlines SVH's financials, including a net loss for the nine-month period ending December 31, 2023, and details on the company's strategy, market opportunity, and competitive advantages. The filing includes information on SVH's governance, such as director independence, board committees, and indemnification agreements. SVH's financial statements are audited by Manohar Chowdhry & Associates, and the company has not identified any disagreements with accountants on accounting and financial disclosure.
SRIVARU Holding Limited (SVH), a Cayman Islands exempted company, has filed a registration statement with the U.S. Securities and Exchange Commission (SEC) for the resale of shares by certain shareholders. The registration includes 21,208,158 ordinary shares and 250,000 shares underlying warrants. SVH, which operates through its subsidiary SVM, is an electric two-wheeler (E2W) manufacturer focusing on the Indian market. The company began early-stage commercial sales in 2021 and plans to expand its product offerings and distribution network. SVH will not receive proceeds from the resale of shares by the selling shareholders. The registration statement also outlines SVH's financials, including a net loss for the nine-month period ending December 31, 2023, and details on the company's strategy, market opportunity, and competitive advantages. The filing includes information on SVH's governance, such as director independence, board committees, and indemnification agreements. SVH's financial statements are audited by Manohar Chowdhry & Associates, and the company has not identified any disagreements with accountants on accounting and financial disclosure.
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