AgiiPlus Inc. Announces Filing of Registration Statement

SHANGHAI, China and SINGAPORE, Sept. 22, 2022 (GLOBE NEWSWIRE) — AgiiPlus Inc. (“AgiiPlus”), a leading provider of work solutions for quick-change and quick-turnaround companies in China and Singapore , announced on September 16, 2022, that it has publicly filed a registration statement on Form F-1 (the “Registration Statement”) with the United States Securities and Exchange Commission (“SEC”) regarding a proposed initial public offering (the “IPO” or the “Proposed Offering”). AgiiPlus has applied to list its Class A common stock on the NASDAQ stock exchange under the symbol “AGII”. AgiiPlus aims to raise up to $40 million in the IPO Tiger Brokers is acting as the sole underwriter and bookkeeper for the proposed offering.

The registration statement on Form F-1 relating to the proposed offering has been publicly filed with the SEC but has not yet become effective. Securities to be registered under the registration statement may not be sold or offers to buy accepted prior to the effective date of the registration statement.

This press release does not constitute an offer to sell or the solicitation of an offer to buy the securities to be registered under the registration statement, and there will be no sale of such securities in any state or jurisdiction. in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of such state or territory.

About AgiiPlus

Founded in 2016, AgiiPlus is one of the fastest growing work solution providers with unique solution capability in China and Singapore. Leveraging its proprietary technologies, AgiiPlus delivers transformative workplace solutions to its corporate clients, including a SaaS-based office marketplace to connect businesses with landlords, personalized renovation and maintenance with smart building solutions , a high-quality, flexible workspace with plug-in software and on-demand enterprise services.

AgiiPlus has implemented an innovative business model called S²aaS – Space & Software as a Solution, which combines “Software as a Service” and “Space as a Service”. It adapts real estate technology, the SaaS-based office market, and high-quality physical workspace to provide integrated work solutions and improve work efficiency for corporate clients.

AgiiPlus has managed to achieve exceptional operational efficiencies in a large-scale expansion and performed as industry excellence by consistently maintaining positive operating cash flow. AgiiPlus generated a compound annual revenue growth rate of approximately 125% from 2016 to 2021. Revenue in 2021 increased by 29% compared to 2020, despite the COVID-19 pandemic. As of December 31, 2021, AgiiPlus has served over 35,000 enterprise customers and 320,000 online members with a CHIPS managed area of ​​over 750,000 square meters (approximately 7.75 million square feet). AgiiPlus operates 61 physical flexible workspaces in Tier 1 and gateway cities in China and Singapore.

Forward-looking statements

This document contains forward-looking statements. These forward-looking statements involve known and unknown risks and uncertainties and are based on AgiiPlus’ expectations and projections regarding future events, which AgiiPlus derives from information currently available to AgiiPlus. These forward-looking statements relate to future events or the future performance of AgiiPlus, including its ability to close the proposed offer. You can identify forward-looking statements by those that are not historical in nature, particularly those that use words such as “may”, “should”, “expect”, “anticipate”, “intend”, “estimate ‘, ‘believes’, ‘plans’, ‘projected’, ‘predicts’, ‘potential’ or ‘hopes’ or the negative of these or other similar terms. When evaluating these forward-looking statements, you should consider a variety of factors that may cause AgiiPlus’ actual results to differ materially from any forward-looking statement. Forward-looking statements are only predictions. The forward-looking events discussed in this press release and other statements made from time to time by AgiiPlus or its representatives may not occur, and actual events and results may differ materially and are subject to risks, uncertainties and assumptions regarding AgiiPlus. AgiiPlus undertakes no obligation to update forward-looking statements to reflect subsequent events or circumstances, or changes in its expectations, except as required by law. Although AgiiPlus believes that the expectations expressed in these forward-looking statements are reasonable, it cannot assure you that such expectations will prove to be correct, and AgiiPlus cautions investors that actual results may differ materially from anticipated results and encourages investors to consider risks factors that could affect its future results in the registration statement and in its other filings with the United States Securities and Exchange Commission.

For inquiries regarding AgiiPlus Inc., please contact:
AgiiPlus IR
jenny yao
Email: [email protected]

Comments are closed.