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UPCOMING IPO
Web3Labs Global Inc. (MDAT)
This company has not started trading yet. The live 5-factor QL signal switches on automatically on its first session.
About Web3Labs Global Inc.
We aim to create a Web3 entrepreneurial platform through diverse services, investment acceleration, and technical collaboration. We are an innovative Hong Kong -based Web3 service provider dedicated to empowering enterprises including start -ups in the blockchain space through comprehensive, tailored support.
From Web3Labs Global Inc.'s Form F-1/A filed with the SEC on 2026-06-09. The issuer's own words — QuantLogix does not paraphrase it.
Industry
Services-Management Consulting Services
Headquarters
Kowloon, Hong Kong
Incorporated in
Cayman Islands
The offering
Expected listing
2026-10-011d ago
Expected price range
$4–$5
Deal size
$28M
gross proceeds
Use of proceeds
We plan to use the net proceeds of this offering primarily for business expansion, exploring new markets, working capital and other general corporate purposes.
From Web3Labs Global Inc.'s Form F-1/A filed with the SEC on 2026-06-09. Quoted from the prospectus.
Financials, as filed
The audited financial statements for this issuer are in its Form F-1/A filed 2026-06-09. QuantLogix only publishes figures it can read directly from the filing.
Risks Web3Labs Global Inc. flags in its own filing
- Given the evolving and increasing regulatory nature and substantial market uncertainties in Web3 ecosystem, our operations and growth are subject to material legal, operational, reputational, financial, market, credit and other risks.
- Our growth may not be sustainable and depends on our ability to retain existing customers and users, attract new customers and users and increase processed volumes and revenue from both new and existing customers and users.
- If we do not continue to improve our operational, financial and other internal controls and systems to manage growth effectively, our business, financial condition, results of operations and prospects may be materially and adversely affected.
- We have a new business model and a short operating history in developing and rapidly evolving markets for our services, which makes it difficult to evaluate our future prospects.
- We derive a significant portion of our revenue from strategic consulting, acceleration program management, and general business services, which are not always recurring in nature, and there is no assurance that our customers will provide us with new business.
- We may not be able to adapt quickly or effectively to changes in the fast -evolving Web3 ecosystem and regulatory environment.
The first 6 items of the issuer's “Summary of Risk Factors”, verbatim — the prospectus lists more. From Web3Labs Global Inc.'s Form F-1/A filed with the SEC on 2026-06-09.
QL Listing Score — the prospectus, scored
Growthno evidence — excluded
Revenue qualityno evidence — excluded
Technology40
technology-language density 1.2/10k words (lexical indicator, not a technical audit)
Risk32
material weakness in internal controls disclosed · dual-class share structure — public holders are outvoted · issuer will be a "controlled company" under exchange rules
Foundationno evidence — excluded
✓ No going-concern doubt⚠ Material weakness in controls⚠ Dual-class shares — public holders outvoted✓ No customer-concentration flag◆ Emerging growth company (reduced disclosure)
From Web3Labs Global Inc.'s Form F-1/A filed with the SEC on 2026-06-09. Extraction is deterministic — the same filing always produces the same score; 335k characters of the document were scanned. Technology signals are lexical indicators, not a technical audit. Not investment advice; the debut itself will be this score's first grade.
Deal terms come from the public IPO calendar and change up to pricing — an expected date reads “to be announced” until the underwriters set it, and a range is not a final price. Implied market cap and float are arithmetic on those disclosed terms. Nothing on this page is a forecast or a recommendation.