How many shares are outstanding postâoffering and what is the resulting postâIPO ownership structure?
Answer
Based on the information released by EtoilesâŻCapitalâŻGroup Co.,âŻLtd. (Nasdaq:âŻEFTY) onâŻ8âŻAugustâŻ2025, the company priced an initial public offering of 1,400,000 ClassâŻA ordinary shares atâŻUSâŻ$4.00 per share. No other shareâclass or preâexisting share count is mentioned in the announcement, so the only share quantity that can be confirmed from the news is the 1.4âŻmillion shares that were sold in the IPO.
1. Shares outstanding after the offering
Share class | Shares issued in the IPO | Shares outstanding postâoffering |
---|---|---|
ClassâŻA ordinary | 1,400,000 | 1,400,000 |
Because the press release does not disclose any previouslyâissued shares or other share classes, the 1,400,000 ClassâŻA shares constitute the total share count that is known to be outstanding after the IPO.
2. Resulting ownership structure
Owner | % of ClassâŻA shares owned | % of total equity (as far as can be determined) |
---|---|---|
Public investors (the IPO purchasers) | 100âŻ% | 100âŻ% |
Existing insiders / founders (if any) | 0âŻ% (no preâexisting shares disclosed) | 0âŻ% |
Other share classes (e.g., preferred, nonâvoting) | Not mentioned | Not applicable / unknown |
Interpretation
- All 1.4âŻmillion ClassâŻA shares are newly issued in the IPO and are now held by the public investors who bought the offering.
- Since the announcement does not reference any âfounderâheldâ or âpreâexistingâ shares, we must assume that, from the perspective of the information provided, the entire equity of the company is represented by these 1.4âŻmillion ClassâŻA shares.
- Consequently, the postâIPO ownership structure is 100âŻ% public ownership of the ClassâŻA ordinary shares. If the company later creates other share classes (e.g., preferred stock, restricted shares) or if there were undisclosed preâexisting shares, those would affect the structure, but such details are not available in the current news release.
3. Key points to remember
Point | Explanation |
---|---|
Share count | 1,400,000 ClassâŻA ordinary shares are the only shares explicitly mentioned; therefore, they are the total outstanding shares we can confirm. |
Ownership | All of those shares were sold to the public in the IPO, giving the public investors 100âŻ% ownership of the listed ClassâŻA equity. |
No other classes disclosed | The press release does not reference any other share classes (e.g., preferred, restricted, or founderâheld shares). Until further filings (e.g., FormâŻSâ1, prospectus, or subsequent 8âK) disclose additional equity, the structure remains as described above. |
Implications for investors | The market will treat EFTY as a fullyâpubliclyâowned company on Nasdaq, with the 1.4âŻmillion shares representing the float that will trade under ticker âEFTY.â |
Conclusion
- Postâoffering shares outstanding: 1,400,000 ClassâŻA ordinary shares.
- PostâIPO ownership structure: 100âŻ% of the ClassâŻA shares are owned by the public investors who purchased the IPO (i.e., the entire equity of EFTY is publicly held, based on the data provided).
If later disclosures reveal preâexisting shares, restricted shares, or additional share classes, the ownership percentages would need to be recalculated accordingly. For now, the only verifiable figures are those above.