Simwon America Corp.

What the company does

Simwon America Corp. operates a high-volume assembly facility, an advanced fabrication facility, and a logistics and warehousing center in Lathrop, California. The company’s defined manufacturing activities relate to vehicle structures, including body-in-white structures and inner and outer door rings.

Use of proceeds

We intend to use the net proceeds from this offering as follows: approximately 25% for the acquisition of a company on the East Coast to support the expansion of our business; approximately 25% for market expansion initiatives targeting the Mexican and Canadian markets; approximately 10% for the establishment of an independent research and development team to drive technological innovation and product optimization; and approximately 40% for general working capital needs. We will not receive any proceeds from sales of Common Stock Shares by the Selling Stockholders.

Underwriters

Extracted from S-1/A 0001213900-26-116984, filed Nov 6, 2026 and verified against that filing text.

Key risk factors

• Limited operating history

  “We have a very limited operating history on which investors can base an evaluation of our business, prospects, financial condition and operating results.”

• Nasdaq listing approval

  “The closing of this offering is conditioned upon Nasdaq’s final approval of our listing application, and there is no guarantee or assurance that our Common Stock will be approved for listing on The Nasdaq Global Market.”

• Controlled company status

  “Our status as a “controlled company” could cause our Common Stock to look less attractive to certain investors or otherwise harm the trading price of the Common Stock.”

• Emerging growth company volatility

  “If some investors find our securities less attractive as a result, there may be a less active trading market for our securities and the prices of our securities may be more volatile.”

• Korean registration approval

  “Accordingly, until our parent companies have completed the performance of their shareholder protection obligations, the Financial Supervisory Service may refuse to accept our securities registration statement and may request amendments to it.”