Sep. 20 at 9:00 PM
$LYT Lytus Technologies says intends to apply to list common shares on NYSE - SEC filing https://www.sec.gov/Archives/edgar/data/1816319/000121390025088188/ea0256941-f1_lytus.htm
Key Meaning Form F1:
-Purpose: Lytus seeks to conduct an initial public offering (IPO) of 1,111,112 common shares in the U.S. market.
-Estimated Price: Between
$8.00 and
$10.00 per share (after a 1-for-1,000 reverse stock split).
-Objective: To raise capital to pay off debt, finance operations, expand businesses (streaming, telemedicine, fintech), and list its shares on the NYSE American under the symbol "LYT".
-Risks: Include a lack of extensive operating history, dependence on the Indian market, currency exchange volatility, intense competition, and potential regulatory issues