ChainOn, Built-in Know-how Providers Supplier, Recordsdata for Nasdaq Capital Market IPO

ChainOn Group Restricted, a Hong Kong-based expertise companies supplier, filed for an preliminary public providing on the Nasdaq Capital Market underneath the image “CHON.” The corporate plans to supply 6,250,000 Class A odd shares at an estimated worth vary of $4 to $6 per share. Univest Securities is appearing because the underwriter, and itemizing is contingent on Nasdaq approval.

Enterprise Description

ChainOn is a Hong Kong-based supplier of built-in expertise companies. It delivers customized software program tasks—spanning Web3 functions, blockchain-enabled options, and cloud infrastructure design—in addition to advisory and recurring upkeep companies. The Mission Growth Providers enterprise covers end-to-end supply from scoping and structure by coding, testing, and deployment. The Advisory and Help Providers enterprise supplies ongoing mission and {hardware} upkeep, system monitoring, troubleshooting, and upgrades on a subscription foundation.

The corporate primarily serves enterprises and SMEs in Hong Kong and works with vetted third-party growth distributors whereas retaining in-house mission administration and technical oversight. ChainOn emphasizes client-centric supply, agile methodologies, and the flexibility to translate rising applied sciences—akin to decentralized architectures and cloud platforms—into sensible enterprise techniques. The corporate plans to broaden its portfolio with proprietary software program choices (together with ERP) and lengthen its footprint into different Asia-Pacific markets and the U.S.

Market Overview

• Complete addressable market: Hong Kong built-in expertise companies grew from $227.5M (2020) to $457.9M (2025) and is projected to succeed in $587.2M by 2030.
• Market development: Web3-based expertise options in Hong Kong expanded from $5.5M (2020) to $27.5M (2025), with a projection of $79.3M by 2030.
• Market place: ChainOn focuses on built-in software program growth and upkeep with capabilities in Web3 and cloud; it reported an estimated 0.5% share inside a extremely fragmented HK ITS market.
• Key rivals: Accenture, IBM, Deloitte, HCL Applied sciences, Comax, PTS Consulting.
• Business traits: Accelerating digital transformation, supportive Hong Kong Web3 coverage, demand for ongoing upkeep, information safety and resilience, and integration with the Larger Bay Space.

Operational Metrics

• Clients: 30 prospects in FY2025; 42 prospects in FY2024; 15 prospects within the six months ended Oct. 31, 2025
• Areas: Headquarters in Hong Kong; new U.S. subsidiary (ChainOn US Inc.) fashioned April 27, 2026
• Geographic presence: 100% of income from Hong Kong for FY2024, FY2025, and the six months ended Oct. 31, 2025; plans for APAC and U.S. enlargement
• Partnerships: Structured collaboration with certified third‑celebration growth distributors underneath outlined efficiency, compliance, and milestone controls
• Mission quantity: 13 tasks accomplished in FY2025; 11 in FY2024; 17 tasks accomplished within the six months ended Oct. 31, 2025
• Upkeep capability: Concurrent mission upkeep contracts—4 (FY2025), 2 (FY2024), 8 (six months ended Oct. 31, 2025)
• Staff: 8 workers as of the prospectus date
• Amenities: ~3,508 sq. ft. leased workplace in Central, Hong Kong

Financials Highlights

• Income (present): FY2025: $2,209,079; six months ended Oct. 31, 2025: $2,599,156
• Income development: FY2025 income up 68.3% vs. FY2024
• Gross revenue: $1,215,352 (55.0% margin)
• Working revenue: $1,010,660 (FY2025)
• Internet revenue: $864,357 (FY2025); $650,280 (six months ended Oct. 31, 2025)

Administration

• Lok Him Kelvin Yan, Chief Govt Officer and Chairman – Over a decade in expertise and recruitment; beforehand with OGAME, Hudson, Morgan McKinley, and Bauer Kasier/PI Enterprise Consulting.
• Leo Leong, Chief Monetary Officer and Director – 30+ years of regional finance expertise; prior roles at Matrix Analysis and Tricor (Vistra); FCPA Australia.
• Ke Yi Audrey Terng, Impartial Director Nominee – Principal UX Designer at Hanwha Imaginative and prescient America; prior roles at Duclo (acquired by Hanwha) and Apple; PMP licensed.
• Loretta York-Tao Ho, Impartial Director Nominee – 25+ years in SEC reporting and accounting; prior management roles at Toyota Monetary Providers, Honeywell, and Mattel; CPA (CA).
• Hong Cheuk Foster Yim, Impartial Director Nominee – Hong Kong barrister with securities and fintech expertise; panel arbitrator at Shenzhen Court docket of Worldwide Arbitration.

IPO Construction

• Issuer: ChainOn Group Restricted
• Submitting date: June 25, 2026
• Proposed ticker: CHON
• Trade: Nasdaq Capital Market
• Value vary: $4.00–$6.00
• Providing dimension: $31,250,000 (at $5.00 midpoint, earlier than bills)
• Shares provided: 6,250,000 Class A odd shares (45-day 15% over-allotment possibility)
• Lead underwriters: Univest Securities, LLC
• Use of proceeds: Approx. 40% R&D and expertise infrastructure; 20% gross sales/advertising and enterprise growth; 20% hiring and coaching; 10% strategic investments; 10% working capital and common company functions.

Authentic SEC Submitting: ChainOn Group Ltd – F-1 – Jun. 25, 2026