Smart Digital Group Ltd

Smart Digital Group Ltd (SDM) priced its initial public offering on May 5, 2025 at $4.00 per share, raising $6M, and listed on Nasdaq Capital Market. At the IPO price its market capitalization was about $106M. US Tiger was lead-left underwriter. Hunter Taubman Fischer & Li, Ogier, Bird & Bird ATMD and AllBright advised the company and VCL Law advised the underwriters.

Smart Digital Group Ltd operates through entities in Singapore, Macau and mainland China offering event planning and execution, internet media services, software customization and marketing services, and business planning and consulting services.

Status

IPO

Ticker

SDM

Exchange

Nasdaq Capital Market

Priced

May 5, 2025

IPO price

$4.00

Raised

$6M

Market cap at IPO price

$106M

First filed

Nov 12, 2024

Underwriters

US Tiger

Company counsel

Hunter Taubman Fischer & Li, Ogier, Bird & Bird ATMD and AllBright

Underwriters' counsel

VCL Law

Sector

Business services

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