Group 1 - ICZOOM Group Inc. voluntarily withdrew its registration statement on Form F1 and canceled the proposed public offering due to unfavorable market conditions [1] - The company's management assessed that current market pricing is not conducive for an offering that would benefit the company or its shareholders [1] Group 2 - ICZOOM Group Inc. operates a B2B e-commerce platform primarily selling electronic components to small and medium-sized enterprises in Hong Kong and mainland China [2] - The company's product offerings are utilized in various sectors including consumer electronics, Internet of Things (IoT), automotive electronics, and industrial control [2] - In addition to product sales, ICZOOM provides services such as temporary warehousing, logistics, shipping, and customs clearance [2]
ICZOOM Announces Cancellation of Proposed Public Offering