Springview Holdings Ltd Announces Pricing of Initial Public Offering Globe Newswire IPOs

Singapore, Oct. 16, 2024 (GLOBE NEWSWIRE) — Springview Holdings Ltd (the “Company” or “Springview”), a company that designs and constructs residential and commercial buildings in Singapore, today announced the pricing of its initial public offering (the “Offering”) of 1,500,000 Class A ordinary shares at a public offering price of US$4.00 per Class A ordinary share. The ordinary shares have been approved for listing on The Nasdaq Capital Market and are expected to commence trading on October 17, 2024 under the ticker symbol “SPHL.”

The Company expects to receive aggregate gross proceeds of US$6 million from the Offering, before deducting underwriting discounts and other related expenses payable by the Company. The Offering is expected to close on or about October 17, 2024, subject to the satisfaction of customary closing conditions.

Proceeds from the Offering will be used for business development and marketing activities, hiring and training skilled workforce, and working capital and other general corporate purposes.

The Offering is being conducted on a firm commitment basis. AC Sunshine Securities LLC (“AC Sunshine”) is acting as the underwriter for the Offering. Ortoli Rosenstadt LLP is acting as U.S. counsel to the Company, and Olshan Frome Wolosky LLP is acting as U.S. counsel to AC Sunshine in connection with the Offering.

A registration statement on Form F-1 relating to the Offering was filed with the U.S. Securities and Exchange Commission (the “SEC”) (File No. 333-278521) and was declared effective by the SEC on September 30, 2024. The Offering is being made only by means of a prospectus, forming a part of the …

Full story available on Benzinga.com

Singapore, Oct. 16, 2024 (GLOBE NEWSWIRE) — Springview Holdings Ltd (the “Company” or “Springview”), a company that designs and constructs residential and commercial buildings in Singapore, today announced the pricing of its initial public offering (the “Offering”) of 1,500,000 Class A ordinary shares at a public offering price of US$4.00 per Class A ordinary share. The ordinary shares have been approved for listing on The Nasdaq Capital Market and are expected to commence trading on October 17, 2024 under the ticker symbol “SPHL.”

The Company expects to receive aggregate gross proceeds of US$6 million from the Offering, before deducting underwriting discounts and other related expenses payable by the Company. The Offering is expected to close on or about October 17, 2024, subject to the satisfaction of customary closing conditions.

Proceeds from the Offering will be used for business development and marketing activities, hiring and training skilled workforce, and working capital and other general corporate purposes.

The Offering is being conducted on a firm commitment basis. AC Sunshine Securities LLC (“AC Sunshine”) is acting as the underwriter for the Offering. Ortoli Rosenstadt LLP is acting as U.S. counsel to the Company, and Olshan Frome Wolosky LLP is acting as U.S. counsel to AC Sunshine in connection with the Offering.

A registration statement on Form F-1 relating to the Offering was filed with the U.S. Securities and Exchange Commission (the “SEC”) (File No. 333-278521) and was declared effective by the SEC on September 30, 2024. The Offering is being made only by means of a prospectus, forming a part of the …

Full story available on Benzinga.com

 Singapore, Oct. 16, 2024 (GLOBE NEWSWIRE) — Springview Holdings Ltd (the “Company” or “Springview”), a company that designs and constructs residential and commercial buildings in Singapore, today announced the pricing of its initial public offering (the “Offering”) of 1,500,000 Class A ordinary shares at a public offering price of US$4.00 per Class A ordinary share. The ordinary shares have been approved for listing on The Nasdaq Capital Market and are expected to commence trading on October 17, 2024 under the ticker symbol “SPHL.”
The Company expects to receive aggregate gross proceeds of US$6 million from the Offering, before deducting underwriting discounts and other related expenses payable by the Company. The Offering is expected to close on or about October 17, 2024, subject to the satisfaction of customary closing conditions.
Proceeds from the Offering will be used for business development and marketing activities, hiring and training skilled workforce, and working capital and other general corporate purposes.
The Offering is being conducted on a firm commitment basis. AC Sunshine Securities LLC (“AC Sunshine”) is acting as the underwriter for the Offering. Ortoli Rosenstadt LLP is acting as U.S. counsel to the Company, and Olshan Frome Wolosky LLP is acting as U.S. counsel to AC Sunshine in connection with the Offering.
A registration statement on Form F-1 relating to the Offering was filed with the U.S. Securities and Exchange Commission (the “SEC”) (File No. 333-278521) and was declared effective by the SEC on September 30, 2024. The Offering is being made only by means of a prospectus, forming a part of the …Full story available on Benzinga.com   Read MoreNews, SPHL, IPOs, Press Releases IPOs