Editor’s note: updated with information on its share price
Ohmyhome Limited, a data-driven property technology company based in Singapore, has started trading on the NASDAQ Stock Exchange. Ohmyhome has become the first Singaporean firm to list on the NASDAQ this year, according to several media reports.
Its shares closed for the day at $4.07 per share after trading between $3.80 and $4.24, data from MarketWatch.com showed.
Earlier on Monday (Mar 20), the PropTech firm announced the pricing of its initial public offering of 3.78 million ordinary shares at a price of $4.00 per share.
Ohmyhome said in a statement then that it is offering 2.8 million ordinary shares and the selling stockholder named in the prospectus is offering 975,000 ordinary shares.
Ohmyhome said it will not receive any proceeds from the sale of shares by the selling stockholder.
Prime Number Capital LLC is acting as the sole book runner for the offering. SBI China Capital Financial Services Limited will be acting as the co-manager.
Ortoli Rosenstadt LLP is acting as U.S. counsel to Ohmyhome, and Sichenzia Ross Ference LLP is acting as U.S. counsel to Prime Number Capital LLC in connection with this offering.
Ohmyhome is a one-stop-shop property technology platform based in Singapore, which provides end-to-end property solutions and services to end customers directly to help them buy, sell, rent, renovate their homes and more with a single application.
The firm is dedicated to bringing speed, ease, and reliability to property-related services industry, and to become the most trusted and comprehensive property solution for everyone.
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