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Subscriptions Received – Shares to be Issued
 6 Months Ended
Jun. 30, 2025
Accounting Policies [Abstract]  
Subscriptions Received – Shares to be Issued

8. Subscriptions Received – Shares to be Issued

 

During the year ended December 31, 2019, the company had subscriptions received of $200,000 in cash for 0.1% of total issued and outstanding common shares to be issued as soon as practicable after the successful completion of its initial public offering (“IPO”), subject to the Company’s compliance with all applicable laws and regulations concerning the issuance of these shares, pursuant to the amended and restated subscription agreement between the Company and Xiaohong Song (the “Investor”), dated November 27, 2024. The status of this subscription remained unchanged as of June 30, 2025.

 

On August 27, 2025, the Company closed its IPO in which it sold 3,750,000 shares of common stock, Pursuant to the underwriting agreement dated August 25, 2025, the Company granted the underwriters a 45-day option to purchase up to 562,500 additional shares of common stock.

 

The issuance of shares to the Investor equal to 0.1% of the total issued and outstanding shares of Common Stock of the Company is scheduled to occur during the third quarter of 2025. If the underwriters do not exercise its option to purchase additional shares of common stock, the Company will issue Investor 27,750 shares of common stock, based on 27,750,000 shares of common stock outstanding. If the underwriters exercise in full the over-allotment option, the Company will issue Investor 28,312 shares of common stock, based on 28,312,500 shares of common stock outstanding.