Hacker Interstellar Inc. filed Amendment No. 5 to its Form F-1 registration statement with the U.S. Securities and Exchange Commission on October 28, 2026, seeking to register 3,900,000 ordinary shares in connection with its initial public offering.

Key Highlights

  • Offering size: 3,900,000 ordinary shares of par value US$0.0001 each, offered on a firm commitment basis.
  • Expected price range: The company expects an initial public offering price between $10.50 and $11.50 per ordinary share.
  • Proposed listing: The company intends to apply to list its ordinary shares on Nasdaq or NYSE under the symbol "SOUD," with listing qualification stated as a condition to closing.
  • Holding company structure: Hacker Interstellar Inc. is a Cayman Islands holding company; operations are conducted through Hacker Interstellar HK Limited, incorporated in Hong Kong.
  • Emerging growth company: The registrant identified itself as an emerging growth company as defined in Rule 405 of the Securities Act of 1933.
  • No prior public market: According to the filing, prior to this offering there has been no public market for the company's ordinary shares.
  • CSRC approval: Based on advice from AllBright Law Offices (Fuzhou), the filing states that no effective PRC laws or regulations explicitly require the company to seek approval from the CSRC for its overseas listing, and no inquiry, notice, warning, or sanctions have been received.

Hacker Interstellar's Fifth F-1 Amendment: Structure, Risks, and Offering Terms

Hacker Interstellar Inc., registered in the Cayman Islands with its principal executive offices located at Office Unit No. 1607, Tower I of Metroplaza, 223 Hing Fong Road, Kwai Chung, New Territories, Hong Kong, filed the fifth amendment to its Form F-1 registration statement on October 28, 2026, under Registration No. 333-293440. The filing covers an IPO of 3,900,000 ordinary shares, with a proposed price range of $10.50 to $11.50 per share. Loeb & Loeb LLP and MagStone Law, LLP are identified as legal counsel in the filing.

According to the filing, the company conducts "substantially all" of its operations through Hacker Interstellar HK Limited, its Hong Kong subsidiary. The filing makes clear that investors purchasing ordinary shares are buying equity in the Cayman Islands holding company, not directly in the Hong Kong operating entity. The prospectus warns that this structure "involves unique risks for investors," including the possibility that evolving legal and regulatory conditions in Hong Kong could make the holding company structure impermissible or impose new restrictions, which "could cause the value of our Ordinary Shares to significantly decline or become worthless."

The filing describes regulatory risks tied to both Hong Kong and the PRC. It notes that PRC regulatory authorities "recently have issued, and may continue to issue, new policies and regulations" covering areas including cybersecurity, data privacy, anti-monopoly, foreign investments, and overseas securities listings, and states that the PRC government "may exercise significant oversight and control over the conduct of our business." The prospectus is described as preliminary and subject to completion, and the filing states that securities may not be sold until the registration statement is effective.

What Was Disclosed

Hacker Interstellar Inc. filed Amendment No. 5 to its F-1 registration statement on October 28, 2026, disclosing terms for a proposed IPO of 3,900,000 ordinary shares at an expected price of $10.50 to $11.50 each, with an application for listing under the symbol "SOUD."