News

Markets

Staff Reporter

, Singapore

Published:

1 year ago

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HomesToLife prices IPO on Nasdaq at $4.00 per share

The offer will close on 2 October.

Singapore-based HomesToLife has priced its initial public offering (IPO) on Nasdaq at $4.00 per share.

HomesToLife offered 1.25 million ordinary shares in its IPO, which began trading under the " HLTM " ticker on October 1 and will close on October 2, subject to customary closing conditions.

The company also granted underwriters a 45-day option to purchase up to an additional 187,500 ordinary shares at the IPO price, minus underwriting fees and commissions.

Assuming the over-allotment option is not exercised, the company expects to raise $5 million in gross proceeds from the IPO, after deducting underwriting fees and estimated expenses.

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Initial public offering

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