Business Context and Reporting Period
This Form 6-K filing by Belive Holdings (Ticker: BLIV) covers the month of April 2025. The report details the entry into a material definitive agreement regarding a public offering of ordinary shares and the subsequent closing of that offering.
Key Financial Metrics and Offering Details
The filing focuses on capital raising activities rather than operational financial performance metrics such as revenue or profit.
- Offering Size: 2,450,000 ordinary shares sold by the Company.
- Offering Price: US$4.00 per share.
- Over-Allotment Option: Underwriters granted a 45-day option to purchase up to an additional 367,500 shares.
- Underwriter: R.F. Lafferty & Co., Inc. (Representative).
- Closing Date: April 7, 2025.
The filing text does not provide a clear value for total gross proceeds, net proceeds, or the specific underwriting discount percentage, nor does it report revenue, profit, cash flow, margins, debt, or liquidity figures.
Material Changes
The primary material change reported is the successful completion of a firm commitment underwritten public offering. The Company transitioned from having a registration statement declared effective on March 31, 2025, to closing the offering on April 7, 2025, resulting in the issuance of new ordinary shares.
Guidance, Outlook, and Risks
The filing contains standard forward-looking statements regarding plans, objectives, and future performance. Management notes that these statements are based on assumptions subject to significant uncertainties and contingencies beyond the Company's control. No specific financial guidance or operational outlook is provided in this document.
Investor Verification Checklist
- Verify the total gross proceeds calculated from the 2,450,000 shares sold at $4.00 per share.
- Confirm the exact underwriting discounts and commissions to determine net proceeds.
- Check if the 45-day over-allotment option for 367,500 shares was exercised.
- Review the full text of the Underwriting Agreement (Exhibit 1.1) for specific terms and conditions.
- Monitor the Nasdaq Capital Market for trading activity under the ticker "BLIV" post-closing.