01:15 PM EDT, 08/29/2025 (MT Newswires) -- Sea Forrest International on Friday filed a registration statement with the US Securities and Exchange Commission for an initial public offering of 3.75 million class A shares with an expected price between $4 and $4.50 apiece.

The company also granted underwriters a 45-day option to buy up to 562,500 additional shares.

Sea Forrest said it plans to trade on Nasdaq under the ticker SFTI.

Net proceeds from the offering will be used toward business expansion, research and development, facility development, and working capital, the company added.