Cuprina Holdings (Cayman) Limited Announces Pricing of $4.97 million Public Offering
Cuprina Holdings (Cayman) Limited priced a firm commitment public offering of 4,322,489 Class A ordinary shares at $1.15 per share, for gross proceeds of approximately $4.97 million before underwriting discounts and expenses. The underwriter holds a 45-day option to purchase up to 648,373 additional shares, representing 15% of the deal; full exercise would lift gross proceeds to approximately $5.72 million. R. F.
Key figures
- Deal Value Usd
- 4970000
- Offering Price
- 1.15
- Shares Offered
- 4322489
- Over allotment shares
- 648373
- Over allotment option days
- 45
- Over allotment percent of deal
- 15%
- Gross proceeds with overallotment
- 5720000
AI analysis
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