FBS Global Limited Announces Pricing of Initial Public Offering
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FBS Global Limited, a Singapore-based green building contractor, has announced the pricing of its initial public offering on NASDAQ, offering 2,250,000 shares at $4.50 each, aiming to raise $10.125 million.
February 06, 2025 | 3:15 pm
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FBS Global Limited has announced its IPO pricing on NASDAQ, offering 2.25 million shares at $4.50 each, with expected gross proceeds of $10.125 million.
The announcement of the IPO pricing is a significant event for FBS Global Limited as it marks the company's entry into the public market. The pricing at $4.50 per share and the total expected proceeds of $10.125 million are crucial for investors to assess the company's market valuation and potential growth. The IPO is likely to generate interest and potentially drive the stock price up in the short term as investors look to participate in the company's growth in the green building sector.
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