Tracx Logis TRCX
Tracx Logis: securities offering (amended)
- Form
- F-1/A
- Filed
- Importance
- Routine
- Accession
- 0001213900-26-115596
The plain-English summary is being written. The app sends it the moment it is ready.
What changed since the last draft
2 changes since the F-1/A filed Oct 29, 2026
Compared with the F-1/A 0001213900-26-113844, filed Oct 29, 2026.
Furthermore, our directors, executive officers and holders of our outstanding ordinary shares (other than…
Adds "(other than the Resale Shareholders who collectively hold approximately 3.1% of our…"; drops "each of".
From the filings
Before
Furthermore, each of our directors, executive officers and holders of our outstanding ordinary shares, has also entered into a similar lock -up agreement with the underwriter for a period of six months following the date of this prospectus, subject to certain exceptions, with respect to our ordinary shares, and securities that are substantially similar to our ordinary shares. See "Underwriting — Lock -up Agreements".Now
Furthermore, our directors, executive officers and holders of our outstanding ordinary shares (other than the Resale Shareholders who collectively hold approximately 3.1% of our outstanding ordinary shares) have also entered into similar lock -up agreements with the underwriter for a period of six months following the date of this prospectus, subject to certain exceptions, with respect to our ordinary shares, and securities that are substantially similar to our ordinary shares. The Resale Shareholders have agreed that they will not, for a period of six months after the date of this prospectus, on any trading day, sell, transfer or otherwise dispose of ordinary shares in an amount greater than 25% of the daily trading volume of the ordinary shares on such trading day. See "Underwriting — Lock - Up and Leak -Out Agreements".The Resale Shareholders have agreed that they will not, for a period of six months after the date of this…
Adds "The Resale Shareholders"; drops "Pursuant to "lock -up " agreements, our executive officers and directors and all holders…".
From the filings
Before
Pursuant to "lock -up " agreements, our executive officers and directors and all holders of our outstanding ordinary shares have agreed, subject to limited exceptions, without the prior written consent of the representative not to directly or indirectly offer to sell, sell, pledge or otherwise transfer or dispose of any of our ordinary shares, enter into any swap or other derivatives transaction that transfers to another, in whole or in part, any of the economic benefits or risks of ownership of our ordinary shares, make any demand for or exercise any right or cause to be filed a registration statement, including any amendments thereto, with respect to the registration of any of our ordinary shares or securities convertible into or exercisable or exchangeable for ordinary shares or any of our other securities or publicly disclose the intention to do any of the foregoing, for a period of six months from the date of this prospectus.Now
The Resale Shareholders have agreed that they will not, for a period of six months after the date of this prospectus, on any trading day, directly or indirectly offer to sell, sell, pledge or otherwise transfer or dispose of our ordinary shares in an amount greater than 25% of the daily trading volume of the ordinary shares on such trading day, or publicly disclose the intention to do any of the foregoing.
Show the redline
Section by section. Added words and removed words against the earlier filing.
Cover page 2 changes
1 unchanged paragraph
As filed with the U.S. Securities and Exchange Commission on October 29 November 3 , 2026.
45 unchanged paragraphs
Subject to Completion dated October 29 November 3 , 2026
38 unchanged paragraphs
The offering 2 changes
19 unchanged paragraphs
Lock-Up and Leak-Out Agreements
We, our directors, executive officers, and all holders of our outstanding ordinary shares (other than the Resale Shareholders who collectively hold approximately 3.1% of our outstanding ordinary shares) have agreed with the underwriter, subject to certain exceptions, not to sell, transfer or otherwise dispose of any ordinary shares or similar securities for a period of six months after the date of this prospectus. The Resale Shareholders have agreed that they will not, for a period of six months after the date of this prospectus, on any trading day, sell, transfer or otherwise dispose of ordinary shares in an amount greater than 25% of the daily trading volume of the ordinary shares on such trading day. See "Shares Eligible for Future Sale" and "Underwriting" for more information.
4 unchanged paragraphs
Risk factors 1 change
196 unchanged paragraphs
The sale of a significant number of the ordinary shares or other equity securities in the public market after this offering and from the sale of shares held by our Resale Shareholders through the Resale Prospectus, or the perception that such sales may occur, could materially and adversely affect the market price of the ordinary shares. These factors could also materially impair our ability to raise capital through equity offerings in the future. Upon completion of this offering, we will have 16,685,597 ordinary shares outstanding. The ordinary shares offered in this offering will be freely tradable without restriction under the Securities Act, and shares held by our existing shareholders may also be sold in the public market in the future subject to the restrictions in Rule 144 and Rule 701 under the Securities Act and the applicable lock -up and leak -out agreements. Any substantial sale or perceived substantial sale of the ordinary shares by our existing shareholders over a short period of time after the expiry of the applicable lock -up and leak -out period (where applicable) and subject to the restrictions in Rule 144 and Rule 701 under the Securities Act could cause the share price to fall. Similar sales of ordinary shares by holders after vesting of awards or holders of options who have exercised their options under any incentive plan that we intend to implement could also cause the share price to fall. Except as otherwise described in "Underwriting," there are no restrictions on the ability of our existing shareholders to sell their shares. The Resale Shareholders may be willing to accept a lower sales price than the price investors pay in this offering, which could substantially lower the market price of our ordinary shares. We cannot predict what effect, if any, market sales of securities held by the Resale Shareholders or any other shareholder or the availability of these securities for future sale will have on the market price of our shares.
6 unchanged paragraphs
Shares Eligible for Future Sale 3 changes
3 unchanged paragraphs
Lock-Up and Leak-Out Agreements
1 unchanged paragraph
Furthermore, each of our directors, executive officers and holders of our outstanding ordinary shares has (other than the Resale Shareholders who collectively hold approximately 3.1% of our outstanding ordinary shares) have also entered into a similar lock -up agreement agreements with the underwriter for a period of six months following the date of this prospectus, subject to certain exceptions, with respect to our ordinary shares, and securities that are substantially similar to our ordinary shares. The Resale Shareholders have agreed that they will not, for a period of six months after the date of this prospectus, on any trading day, sell, transfer or otherwise dispose of ordinary shares in an amount greater than 25% of the daily trading volume of the ordinary shares on such trading day. See "Underwriting — Lock - Up and Leak -Out Agreements".
1 unchanged paragraph
• 1.0% of the number of our ordinary shares then outstanding, which will equal approximately 1 66 ,856 166,856 ordinary shares immediately after this offering; or • the average weekly reported trading volume of our ordinary shares on the Nasdaq Capital Market during the four calendar -weeks preceding the date on which a notice of the sale on Form 144 is filed with the SEC by such person.
4 unchanged paragraphs
Plan of distribution 3 changes
20 unchanged paragraphs
Lock-Up and Leak-Out Agreements
Pursuant to "lock -up " agreements, our executive officers and directors and all holders of our outstanding ordinary shares (other than the Resale Shareholders who collectively hold approximately 3.1% of our outstanding ordinary shares) have agreed, subject to limited exceptions, without the prior written consent of the representative not to directly or indirectly offer to sell, sell, pledge or otherwise transfer or dispose of any of our ordinary shares, enter into any swap or other derivatives transaction that transfers to another, in whole or in part, any of the economic benefits or risks of ownership of our ordinary shares, make any demand for or exercise any right or cause to be filed a registration statement, including any amendments thereto, with respect to the registration of any of our ordinary shares or securities convertible into or exercisable or exchangeable for ordinary shares or any of our other securities or publicly disclose the intention to do any of the foregoing, for a period of six months from the date of this prospectus.
The Resale Shareholders have agreed that they will not, for a period of six months after the date of this prospectus, on any trading day, directly or indirectly offer to sell, sell, pledge or otherwise transfer or dispose of our ordinary shares in an amount greater than 25% of the daily trading volume of the ordinary shares on such trading day, or publicly disclose the intention to do any of the foregoing.
18 unchanged paragraphs
Unchanged: About this Prospectus, Conventions that Apply to this Prospectus, Presentation of Financial and Other Information, Market and Industry Data, Prospectus summary, Summary Financial and Other Information, Forward-looking statements, Use of proceeds, Dividends and Dividend Policy, Capitalization, Dilution, Selected Financial and Other Information, MD&A, Business, Regulation, Management, Related-party transactions, Principal stockholders, Description of the securities, Tax Considerations, Expenses of the Offering, Legal Matters, Experts, Service of Process and Enforcement of Civil Liabilities, Where You Can Find More Information, Index to the Consolidated Financial Statements, Notes to the financial statements, Note 1: General information, Note 1: General information (cont.), Note 2: Summary of significant accounting policies (cont.), Note 3: Critical accounting estimates, assumptions, and judgments, Note 4: Segment information (cont.), Note 5: Revenue from contracts with customers (cont.), Note 6: Breakdown of expenses by nature, Note 7: Finance income — net, Note 8: Other income (losses) — net, Note 9: Income tax expense, Note 9: Income tax expense (cont.), Note 10: Other non -current liabilities, Note 11: Loss per share, Note 13: Trade and other receivables (cont.), Note 15: Other current assets, Note 16: Property, plant and equipment, Note 17: Lease — The Group as a lessee, Note 17: Lease — The Group as a lessee (cont.), Note 18: Intangible assets, Note 18: Intangible assets (cont.), Note 19: Investment in associates (cont.), Note 20: Financial asset at fair value through other comprehensive income, Note 21: Trade and other payables, Note 22: Borrowings, Note 23: Employee benefit obligations, Note 23: Employee benefit obligations (cont.), Note 25: Commitments and contingencies, Note 26: Share capital, Note 26: Share capital (cont.), Note 27: Share -based payments, Note 27: Share-based payments (cont.), Note 28: Other reserves, Note 28: Other reserves (cont.), Note 29: Financial risk management, Note 29: Financial risk management (cont.), Note 30: Financial value measurement, Note 30: Financial value measurement (cont.), Note 31: Statements of cash flows, Note 31: Statements of cash flows (cont.), Note 32: Related party transactions, Note 32: Related party transactions (cont.), Note 33: Convertible notes, Note 33: Convertible notes (cont.), Note 34: Events occurring after reporting period, Note 35: Other events occurring after reporting period, Note 2: Summary of significant accounting policies, Note 3: Segment information, Note 4: Revenue from contracts with customers, Note 5: Finance costs — net, Note 9: Loss per share (cont.), Note 10: Cash and cash equivalents and short-term financial assets, Note 11: Trade and other receivables, Note 12: Inventories, Note 17: Investment in associates, Note 19: Borrowings (cont.), Note 21: Other liabilities
Compared by code from the two drafts’ text: offering terms first, then sections and risk factors added or removed, numbers that moved, and rewording. No model wrote this list. Not investment advice.
Similar companies
Companies of similar size in SIC 4210 and related industry codes: the same peer list as the financial tables.
- Elite Express Holding ETS public float $2M, Feb 26, 2026
- BingEx FLX
- Haoxin Holdings HXHX
- Shengfeng Development SFWL
- TFI International TFII