Concord & Sage PC is pleased to announce that our firm acted as U.S. legal counsel to Magnitude International Ltd (“Magnitude”) in connection with its initial public offering in the United States. On July 30, 2025, Magnitude’s F-1 registration statement was declared effective by the U.S. Securities and Exchange Commission (SEC), and the company is expected to be listed on the NASDAQ Capital Market under the ticker symbol “MAGH” in the near future.
Magnitude is an exempted company incorporated in the Cayman Islands with its operational headquarters in Singapore. The company has been deeply engaged in the electrical installation services industry for over 12 years, covering public housing, commercial buildings, public infrastructure, and metro systems. Its services span electrical, lighting, security, solar energy, and electric vehicle charging systems, and the company undertakes both greenfield and brownfield projects.
Throughout this IPO process, the Capital Markets team at Concord & Sage PC provided end-to-end U.S. legal services to Magnitude, including drafting the prospectus, advising on U.S. securities law compliance, structuring corporate governance, and preparing and filing SEC documentation. The transaction was led by Partners Kyle Leung and Qin Li, with team members including Attorneys Zhiwei Hua, Yiling He, and Legal Assistants Ziwen Wang and Yitan Shen.
Mr. Qin Li, Managing Partner of Concord & Sage PC, commented:
“It has been a great honor to support Magnitude International Ltd, as U.S. counsel, in successfully entering the NASDAQ market. This IPO marks a transformative leap forward and brings strong momentum to the company’s global strategic vision.”
Partner Mr. Kyle Leung added:
“Magnitude’s successful listing on NASDAQ not only marks a significant milestone in its global expansion strategy, but also reflects its tremendous growth potential. As issuer’s counsel, we are proud to have played a role in this important journey and to have witnessed the realization of our client’s vision.”