IPOs & Offerings
Bang Mai Fang Holdings files Form F-1 for proposed ordinary-share offering
Bang Mai Fang Holdings submitted a preliminary registration statement to the SEC for an initial public offering of ordinary shares, subject to the registration statement becoming effective and a planned Nasdaq listing.
By Carter Hayes ·
Key takeaways
- Bang Mai Fang Holdings filed its Form F-1 registration statement with the SEC on August 14, 2026.
- The preliminary prospectus describes a proposed initial public offering of ordinary shares.
- The company plans to seek a Nasdaq Capital Market listing under the symbol BMF and says the offering will not close without that listing.
- Bang Mai Fang Holdings is a Cayman Islands holding company that conducts operations through subsidiaries in Singapore. The filing says Tingdong Zhao is expected to hold about 97%of
Preliminary registration statement outlines proposed offering
Bang Mai Fang Holdings filed a Form F-1 registration statement with the U.S. Securities and Exchange Commission. The filing describes a proposed initial public offering of ordinary shares.
The prospectus is preliminary and may be changed or supplemented. The company states that it cannot sell the securities until the registration statement is effective, with the proposed public sale expected as soon as practicable afterward.
The filing identifies Bang Mai Fang Holdings as an emerging growth company and a foreign private issuer under U.S. federal securities laws.
Nasdaq listing is a stated condition
The company plans to list its ordinary shares on the Nasdaq Capital Market under the proposed symbol BMF.
Bang Mai Fang Holdings states that the offering is contingent on the Nasdaq listing and that it will not close the offering unless the shares are listed at completion. The filing also says there is no assurance that the listing will be successful.
Because the filing is preliminary, it does not establish that the offering has been completed or that a Nasdaq listing has occurred.
Filing describes holding-company structure and control
Bang Mai Fang Holdings is incorporated in the Cayman Islands and says it has no operations of its own. It conducts operations through subsidiaries in Singapore, including BANG MAI FANG TECHNOLOGY HOLDINGS PTE LTD, which it says is indirectly wholly owned by the holding company.
The company says it expects to be a Nasdaq controlled company following the offering. According to the filing, Tingdong Zhao is expected to own approximately 97% of the company’s outstanding ordinary shares and hold approximately 97% of its voting power after the offering.
The filing says this concentrated ownership could limit other shareholders’ ability to influence matters requiring shareholder approval.