Springview Holdings Ltd

Springview Holdings Ltd (SPHL) priced its initial public offering on Oct 17, 2024 at $4.00 per share, raising $6M, and listed on Nasdaq Capital Market. At the IPO price its market capitalization was about $46M. Ortoli Rosenstadt, Ogier, Drew & Napier and Meritus Law advised the company and Olshan Frome Wolosky and Rajah & Tann advised the underwriters.

SPRINGVIEW HOLDINGS LTD, through its Singapore subsidiary, designs and constructs residential and commercial buildings in Singapore. Its work covers new construction, reconstruction, and additions and alterations, plus renovation and design consultation as a general contractor.

Status

IPO

Ticker

SPHL

Exchange

Nasdaq Capital Market

Priced

Oct 17, 2024

IPO price

$4.00

Raised

$6M

Market cap at IPO price

$46M

First filed

Apr 5, 2024

Company counsel

Ortoli Rosenstadt, Ogier, Drew & Napier and Meritus Law

Underwriters' counsel

Olshan Frome Wolosky and Rajah & Tann

Sector

Other

Country / state

Cayman Islands

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