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Singapore-based Republic Power Group lowers deal size by 45%, changes lead bank ahead of $11 million US IPO

RPGL

Republic Power Group, which provides software development services in Southeast Asia, lowered the proposed deal size for its upcoming IPO on Monday. In its latest filing the company also replaced sole bookrunner Univest Securities with Prime Number Capital. The Singapore-based company now plans to raise $11 million by offering 2 million shares (36% secondary) at a price range of $5...read more

Singapore-based Republic Power Group adds insider selling ahead of $20 million US IPO

RPGL

Republic Power Group, which provides software development services in Southeast Asia, revised the terms for its upcoming IPO on Friday. The Singapore-based company now plans to raise $20 million by offering 4 million shares (25% secondary) at a price range of $4 to $6. The company had previously filed to offer 3 million shares (100% primary) at the same range. At the midpoint,...read more

Singapore-based tech services provider Republic Power Group sets terms for $15 million US IPO

RPGL

Republic Power Group, which provides software development services in Southeast Asia, announced terms for its IPO on Friday. The Singapore-based company plans to raise $15 million by offering 3 million shares at a price range of $4 to $6. At the midpoint of the proposed range, Republic Power Group would command a market cap of $95 million. Republic Power Group provides customized...read more

US IPO Weekly Recap: E-commerce and diagnostics debut in a 2 IPO Week

WETG

Two IPOs began trading in another quiet week for the IPO market. In the pipeline, two IPOs and one SPAC submitted initial filings. Chinese e-commerce play WeTrade Group (WETG) priced at the low end to raise $40 million at a $780 million market cap. WeTrade operates a membership-based platform where it provides technical services and solutions. While the company...read more