Waton Financial Ltd. (Ticker: WTF US), a British Virgin Islands-incorporated holding company providing securities brokerage and financial technology services, primarily through its Hong Kong subsidiaries, is expected to list on NASDAQ on April 1, 2025. Waton Financial is offering 5.0 million shares with a price range of $4.00 to $6.00, aiming to raise $25.0 million. Waton Securities International Limited (WSI) provides brokerage services for securities listed on exchanges like HKEX and NYSE/NASDAQ, margin financing, and bond distribution. Waton Technology International Limited (WTI) focuses on software licensing for trading platforms. Waton Financial reported revenues of $10.8 million and net income of $1.0 million for the 12 months ended September 30, 2024. Market capitalization is estimated at $241.03 million. Cathay Securities is managing the offering.