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Stock impact report

SAG HOLDINGS LIMITED ANNOUNCES CLOSING OF INITIAL PUBLIC OFFERING

SAG Holdings Limited - Ordinary Shares (SAG) 
Company Research Source: GlobeNewswire
SINGAPORE, Oct. 24, 2024 (GLOBE NEWSWIRE) -- SAG Holdings Limited (“SAG Holdings” or the “Company”), (Nasdaq: SAG), a Singapore-based provider of high-quality Original Equipment Manufacturer (“OEM”), third-party branded and in-house branded replacement parts for motor vehicles and non-vehicle combustion engines, announced today the closing of its initial public offering (the “Offering”) of 875,000 ordinary shares at a price of $8.00 per share to the public, for a total of US$7,000,000 of gross proceeds to the Company, before deducting underwriting discounts and other offering expenses. The ordinary shares began trading on the Nasdaq Capital Market on October 23, 2024, under the symbol “SAG.” Wilson-Davis & Co., Inc. is the lead underwriter of the Offering. TroyGould PC is acting as U.S. counsel to the Company. The Offering was conducted pursuant to the Company’s registration statement on Form F-1, as amended (File No. 333-267771) relating to the Offering, which was filed with the Show less Read more
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