Company: EGG
Filing Date: 2025-03-28
Form Type: F-1
Source: 0001641172-25-001072
Chunk: 3

Company: ENIGMATIG LTD
Filing Date: 2025-03-28
Form: F-1
Chunk 3
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. The Class A ordinary shares offered in this offering are shares of ENIGMATIG LIMITED, a Cayman Islands holding company, instead of shares of our operating subsidiaries. Investors in this offering will not directly hold equity interests in our operating subsidiaries. This structure involves unique risks to investors.

You should read this prospectus, together with additional information described under the heading “Where You Can Find More Information,” carefully before you invest in any of our securities.

Investing in our securities involves a high degree of risks. See “Risk Factors” beginning on page 11 of this prospectus for a discussion of information that should be considered in connection with an investment in our securities.

Neither the Securities and Exchange Commission nor any state securities commission has approved or disapproved of these securities or determined if this prospectus is truthful or complete. Any representation to the contrary is a criminal offense.

|                                  |     | Per Share |       |    |     | Total Without  
 Over-Allotment |            |   |     | Total With     
 Over-Allotment |            |   |
|                                  |     | US$       |       |    |     | US$            |            |   |     | US$            |            |   |
| Public offering price            |     |           |  4.50 | -1 |     |                | 16,875,000 |   |     |                | 19,406,250 |   |
| Underwriting                     
 discount(2)                      |     |           | 0.315 |    |     |                | (1,181,250 | ) |     |                | (1,358,438 | ) |
| Proceeds, before expenses, to us |     |           | 4.185 |    |     |                | 15,693,750 |   |     |                | 18,047,813 |   |

| (1) | IPO                                                                                                                                    
 price per share is assumed to be $4.5 per share, which is the midpoint of the estimated IPO price range set forth on the cover page of 
 this prospectus.                                                                                                                       |
| (2) | Represents an underwriting discount equal to 7% per share. The fees do                                                                 
 not include the expense reimbursement provisions of the underwriters. See “Underwriting” beginning on page 93.                         |

The underwriters have an option to purchase up to an aggregate of 15% additional Class A ordinary shares from us at the initial public offering price,