TECDO Receives Supplementary Material Requirements for Overseas Listing Filing, Focusing on Pricing Fairness of New Shareholders and Foreign Investment Compliance

NewTimeSpace · 2026/07/13 09:35 · By Zehong Cheng

NewTimeSpace News: TecDo Technology has received supplementary material requirements from regulators during the overseas securities offering and listing filing process. The Company is required to verify pricing fairness and potential benefit transfer for new shareholders added within 12 months prior to filing, confirm compliance of historical equity changes and capital contributions, disclose fundraising scale upon full greenshoe exercise, check title defects of shares for full circulation, and validate continuous foreign investment access compliance. Legal counsel shall conduct comprehensive verification and issue definitive legal opinions.

NewTimeSpace News: Recently, TecDo Technology Co., Limited received supplementary material requirements issued by regulatory authorities in the course of filing for overseas securities offering and listing.

First, the Company shall explain the pricing basis and fairness for share subscriptions by new shareholders added within 12 months prior to the overseas listing filing, and deliver definitive conclusions on whether any benefit transfer exists.

Second, verify whether previous capital increases and equity transfers involve unfulfilled capital contribution obligations, capital withdrawal or defective contribution methods, and issue definitive conclusions on the lawfulness and compliance of the Company’s establishment and all historical equity changes.

Third, state the estimated fundraising amount upon full exercise of the greenshoe option, and confirm whether shares held by shareholders participating in full circulation are encumbered by pledges, freezing orders or other title defects.

Fourth, supplement confirmation on whether the business scopes and actual operations of the issuer and its subsidiaries involve sectors restricted or prohibited for foreign investment, and verify sustained compliance with foreign investment access requirements after the proposed listing and full circulation.

Legal counsel shall complete verification procedures covering all above matters and issue definitive legal opinions.

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TecDo IPO Supplementary Materials for Filing