Securetech Innovations (SCTH) Registration filing summary

Company overview and business model

• Operates through three business units: AI UltraProd (AI-driven manufacturing), Piranha Blockchain (blockchain and cybersecurity), and Terra Nova Technologies (automotive safety, Top Kontrol product line).

• AI UltraProd, acquired in June 2025, is the primary revenue generator, focusing on industrial 3D printing and robotics.

• Piranha Blockchain develops digital asset infrastructure and cybersecurity solutions; Top Kontrol is being spun off.

• Revenue streams include hardware sales, recurring consumables, manufacturing contracts, service/support, and automotive device sales.

• Corporate structure includes subsidiaries in the US, Hong Kong, China, and Anguilla, supporting global operations.

Financial performance and metrics

• FY2025 audited revenue: $7.7 million, with AI UltraProd contributing all revenue for the six months ended June 30, 2026.

• Six months ended June 30, 2026: $4.85 million in sales, $1.07 million gross profit, $1.44 million net loss attributable to shareholders.

• Gross margin for six months ended June 30, 2026: 22.1%.

• As of June 30, 2026: $311,711 in cash, $9.5 million in current assets, $8.6 million in current liabilities, $9.88 million in equity.

• Ongoing losses, accumulated deficit of $3.03 million as of June 30, 2026; going concern warning from auditors.

Use of proceeds and capital allocation

• Estimated net proceeds of $4.3 million from the offering.

• $2.18 million allocated to repay convertible and bridge notes to unrelated parties.

• $1.5 million for direct investment into AI UltraProd for growth and U.S. market entry.

• Remainder for working capital, general corporate purposes, and potential acquisitions.