THE GROWHUB LIMITED Announces Pricing of $15 Million Initial Public Offering
THE GROWHUB LIMITED (NASDAQ:TGHL), a Singapore-based blockchain technology company focused on product traceability, has announced the pricing of its $15 million initial public offering. The company is offering 3,750,000 Class A Ordinary Shares at $4.00 per share.
Trading is expected to commence on August 28, 2025 on the NASDAQ Stock Market under the symbol "TGHL". The underwriter has a 45-day option to purchase an additional 562,500 shares. Alexander Capital, L.P. is serving as the lead book-running manager, with Network 1 Financial Securities as co-underwriter.
THE GROWHUB LIMITED (NASDAQ:TGHL), società con sede a Singapore specializzata in tecnologie blockchain per la tracciabilità dei prodotti, ha comunicato il prezzo della sua offerta pubblica iniziale da 15 milioni di dollari. L'azienda offre 3.750.000 azioni ordinarie di Classe A a 4,00 USD per azione.
Il titolo dovrebbe iniziare la negoziazione il 28 agosto 2025 sul NASDAQ con il simbolo "TGHL". L'intermediario ha un'opzione di 45 giorni per acquistare ulteriori 562.500 azioni. Alexander Capital, L.P. è il principale book-runner, con Network 1 Financial Securities come co-underwriter.
THE GROWHUB LIMITED (NASDAQ:TGHL), empresa con sede en Singapur centrada en tecnología blockchain para la trazabilidad de productos, ha anunciado el precio de su oferta pública inicial por 15 millones de dólares. La compañía ofrece 3.750.000 acciones ordinarias Clase A a 4,00 USD por acción.
Se espera que la cotización comience el 28 de agosto de 2025 en el NASDAQ bajo el símbolo "TGHL". El asegurador dispone de una opción de 45 días para comprar 562.500 acciones adicionales. Alexander Capital, L.P. actúa como gestor principal del libro, con Network 1 Financial Securities como co-asegurador.
THE GROWHUB LIMITED (NASDAQ:TGHL), 제품 추적성을 위한 블록체인 기술� 개발하는 싱가포르 기반 회사가 1,500� 달러 규모� 기업공개(IPO) 가�� 공지했습니다. 회사� 주당 4.00달러� 클래� A 보통� 3,750,000�� 발행합니�.
거래� 2025� 8� 28� 나스�(NASDAQ) 시장에서 "TGHL"이라� 심볼� 시작� 예정입니�. 인수인은 추가� 562,500�� 매수� � 있는 45� 옵션� 보유합니�. Alexander Capital, L.P.가 대� 책주관사로 참여하며 Network 1 Financial Securities가 공동 인수사로 참여합니�.
THE GROWHUB LIMITED (NASDAQ:TGHL), société basée à Singapour spécialisée dans la technologie blockchain pour la traçabilité des produits, a annoncé le prix de son introduction en bourse de 15 millions de dollars. La société propose 3 750 000 actions ordinaires de classe A à 4,00 USD par action.
Les négociations devraient débuter le 28 août 2025 sur le NASDAQ sous le symbole « TGHL ». Le souscripteur dispose d'une option de 45 jours pour acheter 562 500 actions supplémentaires. Alexander Capital, L.P. agit en tant que bookrunner principal, avec Network 1 Financial Securities comme co-underwriter.
THE GROWHUB LIMITED (NASDAQ:TGHL), ein in Singapur ansässiges Blockchain-Technologieunternehmen mit Fokus auf Produkt-Traceability, hat die Preisfestsetzung für seinen 15-ѾDzԱ-ٴDZ-öԲԲ bekanntgegeben. Das Unternehmen bietet 3.750.000 Class-A-Stammaktien zu je 4,00 USD an.
Der Handel soll am 28. August 2025 an der NASDAQ unter dem Tickersymbol "TGHL" beginnen. Der Underwriter hat eine 45-tägige Option zum Erwerb von zusätzlich 562.500 Aktien. Alexander Capital, L.P. fungiert als Lead-Book-Running-Manager, Network 1 Financial Securities als Co-Underwriter.
- None.
- Initial offering price of $4.00 per share is at the lower end of typical IPO ranges
- Potential dilution for existing shareholders
Insights
GrowHub's $15M NASDAQ IPO at $4/share offers blockchain-based traceability solutions with trading commencing August 28, 2025.
THE GROWHUB LIMITED has priced its initial public offering at
This firm commitment offering includes a 45-day option granted to underwriters to purchase an additional 562,500 shares (representing
For a relatively small IPO in today's market, the
The IPO represents a significant milestone for GrowHub, providing capital for expansion while creating liquidity and establishing a market valuation benchmark. For the broader market, this offering adds another entrant to the blockchain technology sector focused on practical business applications rather than cryptocurrency.
The Company has granted the underwriter a 45-day option to purchase an additional 562,500 Class A Ordinary Shares at the Offering Price, representing
The Class A Ordinary Shares are expected to begin trading on the NASDAQ Stock Market LLC under the ticker symbol "TGHL" on August 28, 2025. The Offering is expected to close on or about August 29, 2025, subject to the satisfaction of customary closing conditions.
Alexander Capital, L.P. ("Alexander Capital"), a full-service broker/dealer, acted as the lead book-running manager with Network 1 Financial Securities, Inc. acting as a co-underwriter for the Offering. Loeb & Loeb LLP is acting as
The Offering is being conducted pursuant to the Company's registration statement on Form F-1 (File No. 333-286923), as amended, previously filed with, and subsequently declared effective by the
This press release has been prepared for informational purposes only and shall not constitute an offer to sell or the solicitation of an offer to buy any of the Company's securities, nor shall such securities be offered or sold in
About THE GROWHUB LIMITED
The GrowHub Limited is a
FORWARD-LOOKING STATEMENTS
Certain statements contained in this press release about future expectations, plans and prospects, as well as any other statements regarding matters that are not historical facts, may constitute "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. These statements include, but are not limited to, statements relating to the expected trading commencement and closing dates. The words "anticipate," "believe," "continue," "could," "estimate," "expect," "intend," "may," "plan," "potential," "predict," "project," "should," "target," "will," "would" and similar expressions are intended to identify forward-looking statements, although not all forward-looking statements contain these identifying words. Actual results may differ materially from those indicated by such forward-looking statements as a result of various important factors, including: the uncertainties related to market conditions and the completion of the public offering on the anticipated terms or at all, and other factors discussed in the "Risk Factors" section of the prospectus filed with the SEC. For these reasons, among others, investors are cautioned not to place undue reliance upon any forward-looking statements in this press release. Any forward-looking statements contained in this press release speak only as of the date hereof, and THE GROWHUB LIMITED specifically disclaims any obligation to update any forward-looking statement, whether as a result of new information, future events or otherwise, except as required by law.
For more information, please contact:
THE GROWHUB LIMITED Contact:
60 Paya Lebar Road
#12-37 Paya Lebar Square
+65 6993 9430
:[email protected]
Investor Relations
John Yi and Steven Shinmachi
Gateway Group, Inc.
949-574-3860
[email protected]
Underwriter Inquiries:
Alexander Capital L.P.
10Drs James Parker Boulevard #202,
+1 (212) 687-5650
Email: [email protected]
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