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Proposed Symbol | SDM |
---|---|
Company Name | Smart Digital Group Ltd |
Exchange | NASDAQ Capital |
Share Price | $4.00 |
Employees | 11 (as of 05/05/2025) |
Status | Priced |
Shares Offered | 1,500,000 |
Offer amount | $6,000,000 |
Shares Over Alloted | |
Company Address | 150 BEACH ROAD #2805/06 GATEWAY WEST SINGAPORE SINGAPORE 189720 |
Company Phone | 00 85368853687 |
Company Website | www.sdmmeta.com |
CEO | Yunting Chen |
State of Inc | |
Fiscal Year End | 09-30 |
Total Offering Expense | $1,614,638.00 |
Shareholder Shares Offered | |
Shares Outstanding | 26,500,000 |
Lockup Period (days) | 180 |
Lockup Expiration | 2025-10-29 00:00:00 |
Quiet Period Expiration | 2025-06-11 00:00:00 |
CIK | 0002014955 |
DealId | 1314542-112003 |
Our Company is an exempted company incorporated in the Cayman Islands. Our Company has no material operations of its own and conducts its business operations through three operating entities: SMART DIGITAL META PTE. LTD., AOSI PRODUCTION CO., LTD., and Xiamen Liubenmu Culture Media Co., Ltd. The afore-mentioned operating entities conduct their business activities in Singapore, Macau, and Mainland China, respectively. The operating entities provide a broad range of services including: (1) event planning and execution services, which consist of drafting event planning proposals, customizing event marketing strategies, engaging event sponsors and other related services; (2) internet media services, which include developing marketing strategies, designing marketing content, distributing such marketing content on select internet platforms and other related services; (3) software customization and marketing services, which enable customers to formulate and implement marketing activities through our AOSI PRODUCTION CO., LTD.’s proprietary software; and (4) business planning and consulting services, which include business development planning, business data analysis and other related services. Our Company’s revenue has demonstrated significant growth in the previous two fiscal years. In the fiscal years ended September 30, 2024 and 2023, our revenue was $21,519,072 and $9,702,145, respectively, representing a growth rate of approximately 121.8%. For the same fiscal years, event planning and execution services accounted for approximately 7.3% and 30.4% of our total revenue, respectively; internet media services accounted for approximately 88.2% and 21.5% of our total revenue, respectively; software customization and marketing services accounted for approximately 0% and 9.6% of our total revenue, respectively; and business planning and consulting services accounted for approximately 4.5% and 38.5% of our total revenue, respectively. For the same fiscal years, our net income was $1,696,654 and $1,993,262, respectively. Our growth in the same fiscal years was primarily due to the rapid expansion of internet media services. We did not generate any revenue from software customization and marketing services in the fiscal year ended September 30, 2024 primarily because of the strategic shift in our business focus to internet media services. We may not experience similar significant growth rates in future periods. --- Our principal executive offices are located at 150 Beach Road #2805/06 Gateway, West Singapore 189720, and our phone number is +65 69509495. Our registered office in the Cayman Islands is located at Harneys Fiduciary (Cayman) Limited, 4th Floor, Harbour Place, 103 South Church Street, P.O. Box 10240, Grand Cayman KY1-1002, Cayman Islands. Our website address is www.sdmmeta.com. Our agent for service of process in the United States is Cogency Global Inc., located at 122 East 42nd Street, 18th Floor, New York, NY 10168.