New Consumer Report of Blue Cave, February 1 news, according to foreign news reports, ISPIRE Technology Inc. submitted a prospectus to the SEC to apply for listing in Nasdaq in the United States. Essence

ISPIRE is established in Tellawa, USA. It is a supplier of atomized technology solutions driven by R & D. Its business mainly includes two major sectors: CBD atomizes, open atomizing equipment and components.

Among them, the CBD atomizer device is sold in the ISPIRE brand. It mainly adopts ODM form. The sales area is mainly concentrated in the United States and has recently deployed in Canada and Europe. Open atomizer equipment and components are sold in the ASPIRE brand to distribute the network to the network It covers more than 30 countries and regions except China and Russia.

Inspire Technology Inc. plans to raise about $ 42 million among the upcoming public offers.

One of the funds raised this time is to complete the investment and construction production line in Vietnam and the United States, which will significantly increase the company's production capacity and further enhance profitability; the second is to continue to improve the research and development capabilities, including reserves and research and development of new generations of atomization products and atomization products and atomization Technology; Third, further strengthen the construction of global terminal channel networks of its own brand.

A file shows that Inspire Technology Inc. plans to sell 6 million shares at Nasdaq at a price of $ 6 to $ 8 per share, and the stock code is ISPR. With 56 million shares, the company's market value will reach US $ 392 million.

American Tiger Securities Corporation, TFI Securities Corporation and Puyin International are underwriting the first public offering of the stock, which was carried out under the slowdown of new shares.

The Inspire Technology reported that the revenue for the year ended June 30, 2022 was $ 68.1 million, compared with $ 61.27 million in the same period last year.

In fiscal 2022, the total sales revenue of ISPire was US $ 88.95 million, an increase of 38.9%year-on-year; of which, fiscal 2021-2022, the CBD atomization sector revenue increased from US $ 2.144 million to US $ 19.78 million, an increase of 831.8%year-on-year. The income of atomizing equipment and component sectors increased from US $ 612.71 million to US $ 68117 million, an increase of 11.2%year -on -year. Among the two major business lines, the CBD atomization sector revenue accounted for about 22.7%in fiscal 2022, an increase of 19.3 percentage points year -on -year.

Inspire Tech has two operating units -ASPIRE NORTH AMERICA LLC, a California Co., Ltd. and Aspire Science and Technology LTD., a Hong Kong company.

The company's core management has deeply cultivated the industry for many years and has rich experience. Many executives have rich experience and resources of CBD industry.

The company's CEO TUANFANG LIU (controlling shareholder, 66.5%of the shares before the issuance), has rich experience and product research and development experience, and has a forward -looking strategic vision.

The company CFO Michael Wang has served as the CEO position of the American -leading industrial cannabis vertical integrated supplier The Pharm/Sunday Goods, which has rich industrial cannabis industry chain resources.

The company's COO Tirdad Rouhani has served as chief operating officer of the largest industrial cannabis extraction laboratory in California.

The localized team building has made the company's forward -looking technology development and strategic planning, helping the company the leader of the development of the CBD atomization industry.

At the same time, the company has a global development platform that can look and attract outstanding talents from the world.

INSPIRE TECH said it plans to carry out manufacturing business in Vietnam and California.