INNEOVA Holdings Ltd

INNEOVA Holdings Ltd (SAG) priced its initial public offering on Oct 22, 2024 at $8.00 per share, and listed on Nasdaq Capital Market. At the IPO price its market capitalization was about $79M. Conyers Dill & Pearman and TroyGould advised the company and Taft Stettinius & Hollister advised the underwriters.

INNEOVA Holdings Ltd is a Singapore-based provider of OEM, third-party branded and in-house branded replacement parts for motor vehicles and non-vehicle combustion engines. It supplies the marine, energy, mining, construction, agricultural, and oil and gas industries, with sales mainly in the Middle East and Asia.

Status

IPO

Ticker

SAG

Exchange

Nasdaq Capital Market

Priced

Oct 22, 2024

IPO price

$8.00

Market cap at IPO price

$79M

First filed

Oct 7, 2022

Company counsel

Conyers Dill & Pearman and TroyGould

Underwriters' counsel

Taft Stettinius & Hollister

Sector

Consumer

Market cap at IPO price = shares outstanding after the offering (all classes, before the over-allotment option) × the IPO price, from the final prospectus.