SunScout Holding Ltd — Form F-1/A

SunScout Holding Limited, a Cayman Islands holding company, filed Amendment No. 5 to its F-1 registration statement for an initial public offering of 4,000,000 Class A Ordinary Shares at an assumed price of $5.00–$6.00 per share on July 2, 2026. The company operates through subsidiaries in New Zealand (SunScout NZ/Brunton Engineering) and the US (Brightway Energy LLC), with a 43% stake in SunScout Asia in Thailand. Net proceeds estimated at ~$19.3 million (at $5.50 midpoint) will fund: Austin, Texas manufacturing plant (~18%), loan repayment (~13%), Brightway acquisition payment (~12%), marketing (~10%), inventory (~10%), product development (~10%), and working capital. Post-IPO, founders Edwin and Marc Cywinski will hold ~49.83% of Class A shares and 100% of Class B shares, controlling ~96.3% of voting power.