Singapore, Oct. 15, 2025 (GLOBE NEWSWIRE) -- Republic Power Group Limited (NASDAQ:RPGL) (the "Company"), a provider of customized enterprise resource planning software solutions, consulting and technical support services, and peripheral hardware, today announced the closing of its initial public offering (the "Offering") of 2,120,000 Class A ordinary shares, 1,250,000 of which were offered by the Company and 870,000 by selling shareholders, at a price to the public of US$4.00 per Class A ordinary share. The Class A ordinary shares began trading on the Nasdaq Capital Market on October 14, 2025 under the ticker symbol "RPGL."

The Company received aggregate gross proceeds of US$5.0 million from the Offering, before deducting underwriting discounts and other related expenses. The selling shareholders received aggregate gross proceeds of US$3.48 million before deducting underwriting discounts and expenses.

Net proceeds from the Offering will be used by the Company for research and development, investment in marketing and branding, and other capital expenditures, recruitment of talented professionals, and general corporate purposes and possible future acquisitions and growth opportunities.

The Offering was conducted on a firm commitment basis. Bancroft Capital, LLC ("Bancroft Capital") acted as the lead managing underwriter and book-runner for the Offering. Hunter Taubman Fischer & Li LLC ...