Decent Holding Inc. Prices Initial Public Offering “`

January 23, 2025 by No Comments

Yantai, China-based Decent Holding Inc. (the “Company”), a provider of wastewater treatment services, priced its initial public offering (IPO) of 1,250,000 ordinary shares at $4.00 per share. The company anticipates gross proceeds of $5 million before deducting underwriting fees and other expenses. These shares are slated for listing on the Nasdaq Capital Market under the symbol “DXST,” with trading commencing January 22, 2025, and the offering closing January 23, 2025, contingent upon customary closing conditions. The underwriters hold a 45-day option to purchase up to an additional 187,500 shares at the IPO price, less underwriting discounts.

Net proceeds will fund business expansion, research and development, river water quality management service promotion and expansion, wastewater treatment technology upgrades, and recruitment of R&D and management personnel.

Craft Capital Management LLC and D. Boral Capital LLC are the underwriters for this firm commitment offering. Ortoli Rosenstadt LLP serves as U.S. securities counsel for Decent Holding Inc., and The Crone Law Group, P.C. acts as U.S. securities counsel to the underwriters.

The SEC declared effective the Form F-1 registration statement (File No. 333-282509) on January 21, 2025. The offering is prospectus-based. Prospectuses are available from Craft Capital Management LLC (377 Oak St, Lower Concourse, Garden City, NY 11530; +1 (800) 550-8411; email address omitted) and D. Boral Capital LLC (590 Madison Ave 39th Floor, New York, NY 10022; +1 (212) 970-5150; email address omitted), and on the SEC website (website address omitted).

Review the prospectus and SEC filings before investing. This release is for informational purposes only and does not constitute an offer to sell or a solicitation to buy securities where prohibited by law.

About Decent Holding Inc.

Decent Holding Inc., through its subsidiary Shandong Dingxin Ecology Environmental Co., Ltd., provides wastewater treatment (industrial wastewater cleansing), ecological river restoration (water quality enhancement), and river ecosystem management, along with microbial products for pollutant removal and water quality improvement.

For more information, please visit: (website address omitted).

Forward-Looking Statement

This release includes forward-looking statements concerning plans, objectives, strategies, future events or performance, and underlying assumptions—statements beyond historical facts. Words like “may,” “will,” “intend,” “should,” “believe,” “expect,” “anticipate,” “project,” and “estimate” (excluding solely historical contexts) indicate forward-looking statements. These include statements regarding Ordinary Share trading on Nasdaq and offering closure. These statements are not performance guarantees and involve uncertainties that could materially affect actual results. Factors include market conditions and successful IPO completion. Refer to the registration statement’s “Risk Factors” section for more details. Investors should not rely unduly on these statements. See the Company’s SEC filings (website address omitted) for additional information. The Company does not commit to updating these forward-looking statements.

For more information, please contact:

Investor Relations
WFS Investor Relations Inc.
Connie Kang
Partner
Email: (email address omitted)
Tel: +86 1381 185 7742 (CN)

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