Welcome to our dedicated page for Garden Stage Ltd. SEC filings (Ticker: GSIW), a comprehensive resource for investors and traders seeking official regulatory documents including 10-K annual reports, 10-Q quarterly earnings, 8-K material events, and insider trading forms.
Garden Stage Limited filings document a foreign private issuer whose Hong Kong operating subsidiaries provide securities dealing and brokerage, underwriting and placement, and asset management services. Form 6-K reports include operating and financial results, material agreements, current-report disclosures, and updates incorporated by reference into the company’s registration statements.
The filing record also covers capital-structure and governance matters, including Class A and Class B ordinary share disclosures, share consolidation and reclassification actions, private placement activity, shareholder voting results, board appointments, and Nasdaq minimum bid price compliance. These documents describe the company’s holding-company structure, regulated Hong Kong financial services operations, securities registrations, and public-company reporting obligations.
Garden Stage Limited is offering ordinary shares at a public offering price of $0.034 per share, with gross proceeds before expenses shown as $4,900,000. The prospectus supplement outlines use of proceeds for working capital and general corporate purposes and highlights that the company’s ordinary shares trade on Nasdaq under the symbol GSIW. The document includes definitions, licenses held by operating subsidiaries (I Win Securities and I Win Asset Management), and service descriptions for underwriting, brokerage, advisory and asset management.
The filing discloses historical capital activity and pro forma adjustments including multiple share issuances at various prices and stock-based compensation. Consolidated shareholders’ equity line items shown include additional paid-in capital $15,718,364 (with later pro forma amounts listed) and an accumulated deficit of $8,986,615. Risk and regulatory compliance disclosures note potential adverse regulatory outcomes and customary securities offering terms including warrants, debt and unit descriptions.
Garden Stage Limited has completed a registered direct offering on June 17, 2025, raising approximately $3.58 million in net proceeds. The company sold 6.1 million ordinary shares at $0.60 per share to selected investors through Securities Purchase Agreements.
The offering was conducted under the company's Form F-3 registration statement (File No. 333-283618), which was declared effective by the SEC on March 10, 2025. The net proceeds will be used for working capital and general corporate purposes.
Key details of the transaction:
- Share price: $0.60 per ordinary share
- Total shares issued: 6.1 million
- Net proceeds: $3.58 million after expenses
- Closing date: June 17, 2025
The filing includes standard representations, warranties, and forward-looking statements disclaimers. The transaction was supported by legal opinion from Travers Thorp Alberga, the company's Cayman Islands counsel.