SAGTEC GLOBAL Ltd

SAGTEC GLOBAL Ltd (SAGT) priced its initial public offering on Mar 7, 2025 at $4.00 per share, and listed on Nasdaq Capital Market. At the IPO price its market capitalization was about $50.2M. Benchmark was lead-left underwriter. Ortoli Rosenstadt and Mourant advised the company and McGuireWoods advised the underwriters.

SAGTEC GLOBAL Ltd is a British Virgin Islands company with Malaysian operating subsidiaries. Its Speed+ system is a cloud-based point-of-sale solution combining software and hardware on a monthly subscription for the food and beverage industry.

Status

IPO

Ticker

SAGT

Exchange

Nasdaq Capital Market

Priced

Mar 7, 2025

IPO price

$4.00

Market cap at IPO price

$50.2M

First filed

Dec 26, 2024

Underwriters

Benchmark

Company counsel

Ortoli Rosenstadt and Mourant

Underwriters' counsel

McGuireWoods

Sector

Technology

Country / state

Malaysia

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