World Road Inc. (WODO) IPO filing analysis

One-minute decisionBASIC RESEARCHSource completeness · 78%

IPO research

As of the September 16, 2026 F-1/A, World Road proposes a substantially larger, still preliminary Nasdaq IPO, but pricing, underwriter identity, listing approval, CSRC filing completion and closing remain unresolved.

As of the linked September 16, 2026 filing, World Road proposed 6,000,000 Class A ordinary shares at an expected $5.00–$6.00 per share, subject to SEC effectiveness and Nasdaq listing approval.

Where does the money go?Awaiting verificationF-1/A · 2026-09-16

Ownership and votingAwaiting verified holder data— economic · — voting

Next disclosed checkpointNo verified closing or trading date is supplied. The next stated milestones are SEC effectiveness, Nasdaq listing qualification and completion of the CSRC filing.F-1/A · 2026-09-16

Capital destination

Awaiting verification

F-1/A · 2026-09-16

Share-type percentages are not net-proceeds percentages. Amounts retain their stated gross/net basis; do not add unlike bases.

Check the source · F-1/A ↗

Next checkNo verified closing or trading date is supplied. The next stated milestones are SEC effectiveness, Nasdaq listing qualification and completion of the CSRC filing.

Latest filing2026-09-16

Capital destination

Awaiting verification

F-1/A · 2026-09-16

Share-type percentages are not net-proceeds percentages. Amounts retain their stated gross/net basis; do not add unlike bases.

Check the source · F-1/A ↗

BOOKRUNNERS / LEAD UNDERWRITERSBookrunners / lead underwriters

NOT YET DISCLOSED

Names not yet published

Fully diluted valuation bridge

Status	Reference
Awaiting verification	Source ↗

Basic-price scenario

A verified single offer price and basic post-offer share count are required. This is a data gap, not a paid lock.

Check the source · F-1/A ↗

Holder data awaits verification

Immediately before the offering, 4,257,457 Class A and 24,250,000 Class B shares are outstanding. Class B carries ten votes per share and one-to-one optional conversion into Class A. Yu Zhang is stated to control 95.9418% of total post-offering voting power, assuming no overallotment. · 2026-09-16

Immediately before the offering, 4,257,457 Class A and 24,250,000 Class B shares are outstanding. Class B carries ten votes per share and one-to-one optional conversion into Class A. Yu Zhang is stated to control 95.9418% of total post-offering voting power, assuming no overallotment.

One disclosed holder; not a complete ownership distribution.Check the source · F-1/A ↗

Conditional lock-up timeline

Status	Reference
Awaiting verification	Source ↗

Financial quality and runway

Status	Reference
Awaiting verification	Source ↗

Latest filing update

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SEC filing history

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Risk 1

The CSRC filing remains under review after comments and supplemental materials; the offering is contingent on completing the filing.

Potential impact: Awaiting verification
Monitor: No verified closing or trading date is supplied. The next stated milestones are SEC effectiveness, Nasdaq listing qualification and completion of the CSRC filing.
Evidence: Business — later disclosure ↗

SEC EDGAR

F-1/A

2026-09-16

Open SEC filing ↗