SINGAPORE, Oct. 02, 2024 (GLOBE NEWSWIRE) -- HomesToLife Ltd. ("HTLM" or the "Company") today announced the closing of its previously announced initial public offering of an aggregate of 1,437,500 ordinary shares (the "Offering") at a price of $4.00 per share (the "Offering Price") to the public, including 187,500 shares sold upon full exercise of the underwriter's option to purchase additional shares, for a total of $5.75 million of gross proceeds to the Company, before deducting underwriting discounts and estimated offering expenses. The shares began trading on the NASDAQ Stock Market LLC on October 1, 2024, under the symbol "HTLM."
US Tiger Securities, Inc. ("Tiger") was the sole Book-Running manager for the Offering. Loeb & Loeb LLP acted as U.S. legal counsel to the Company, and Hunter Taubman Fischer & Li LLC acted as U.S. legal counsel to Tiger.
The Offering was conducted pursuant to the Company's Registration Statement on Form F-1 (File No. 333-281693) previously filed with and subsequently declared effective by the U.S. Securities and Exchange Commission ("SEC") on September 30, 2024. The Offering was made only by means of a prospectus. You may get these documents for free by visiting EDGAR on the SEC Website at www.sec.gov. ...
