HAMA Intelligence, a Singaporean accounting and business consulting firm, withdrew its plans for an initial public offering on Wednesday. It had filed in September to raise $7 million by offering 1.1 million shares at a price range of $5 to $7. The company last updated its prospectus in November.
The Singapore-based company was founded in 2025 and booked $2 million in revenue for the 12 months ended February 28, 2025. It had planned to list on the Nasdaq under the symbol HAMA. Pacific Century Securities and Revere Securities were set to be the joint bookrunners on the deal.
