| General Information |
| Business: |
(Incorporated in California)
Tesla supplier Simwon America is a manufacturer of EV (electric vehicle) structural components. Tesla’s Model 3 Highland and Model Y together account for almost all of its revenue, according to the prospectus.
Simwon America makes door ring assemblies, B-pillars and other structural components for Tesla. The company operates three plants near Tesla’s assembly complex in Fremont, California.
Simwon America is part of Korea’s Simwon Tech, a subsidiary of Korea’s Myoung Shin Industry.
Note: Net income and revenue are for fiscal 2026, defined as the 12 months that ended on June 30, 2026.
(Note: Simwon America filed its S-1 for its IPO on Oct. 9, 2026, and disclosed the terms – 2.5 million shares at a price range of $18.00 to $22.00- to raise $50 million, if priced at the $20.00 mid-point of its range.)
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| Industry: |
Automotive - Electric Car Bodies & Components |
| Employees: |
310 |
| Founded: |
2016 |
| Contact Information |
| Address |
400 D’Arcy Park Way, Lathrop, CA 95330 |
| Phone Number |
(213)-503-1704 |
| Web Address |
https://simwonamerica.com/ |
| View Prospectus: |
Simwon America |
| Financial Information |
| Market Cap |
$295.0mil |
| Revenues |
$324.0 mil (last 12 months) |
| Net Income |
$16.93 mil (last 12 months) |
| IPO Profile |
| Symbol |
SWA |
| Exchange |
NASDAQ |
| Shares (millions): |
2.5 |
| Price range |
$18.00 - $22.00 |
| Est. $ Volume |
$50.0 mil |
| Manager / Joint Managers |
WallachBeth Capital |
| CO-Managers |
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| Expected To Trade: |
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Status:
|
TBA |
| Quiet Period Expiration Date: |
Available only to Subscribers |
| Lock-Up Period Expiration Date: |
Available only to Subscribers |
| SCOOP Rating |
Available only to Subscribers |
| Rating Change |
Available only to Subscribers |
