iOThree Ltd

iOThree Ltd (IOTR) priced its initial public offering on Apr 10, 2025 at $4.00 per share, within its $4.00–$6.00 range, and listed on Nasdaq Capital Market. At the IPO price its market capitalization was about $102.6M. Eddid was lead-left underwriter, joined by Network 1 and Financial. Bevilacqua, Harneys, Rajah & Tann and Ortoli Rosenstadt advised the company.

iOThree Ltd is a Cayman Islands holding company operating in Singapore through a wholly owned subsidiary. It provides maritime digital technologies, including satellite connectivity and digitalization solutions, and offers the JARVISS shipboard platform linking onboard edge devices to cloud services.

Status

IPO

Ticker

IOTR

Exchange

Nasdaq Capital Market

Priced

Apr 10, 2025

IPO price

$4.00

Price range

$4.00–$6.00

Market cap at IPO price

$102.6M

First filed

Jan 24, 2024

Underwriters

Eddid, Network 1 and Financial

Company counsel

Bevilacqua, Harneys, Rajah & Tann and Ortoli Rosenstadt

Sector

Technology

Country / state

Singapore

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