Corporate ActionJul 28, 2026, 05:02 PM
Ohmyhome Ltd Prices $4M Registered Direct Offering
AI Summary
Ohmyhome Ltd announced the pricing of a registered direct offering, selling 20,000,000 Class A Ordinary Shares (or pre-funded warrants) at $0.20 per share. The offering is expected to generate gross proceeds of approximately $4 million and net proceeds of $3.63 million, which the company intends to use for general corporate purposes. Univest Securities, LLC served as the exclusive placement agent for the offering.
Key Highlights
- Ohmyhome Ltd priced a registered direct offering of 20,000,000 Class A Ordinary Shares (or pre-funded warrants).
- The offering price was $0.20 per share.
- The company expects to receive gross proceeds of approximately $4 million.
- Net proceeds are estimated at $3.63 million after deducting offering expenses.
- Pre-funded warrants have an exercise price of $0.01 per share.
- Purchasers have a 45-day right to buy up to 100% additional shares/warrants at $0.20 per share.
- Univest Securities, LLC acted as the exclusive placement agent, receiving a 6.0% cash fee.
Price Impact
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