SPPL News

Five IPOs raised a combined $5.4 billion this past week, led by the blockbuster IPO of Arm (ARM). Three issuers submitted initial filings. The largest IPO of 2023 so far, Arm priced at the top of the range to raise $4.9 billion at a $52.9 billion market cap. Arm is an industry leader in central processing units (CPUs), stating that its...read more

SIMPPLE, which provides industrial robotic cleaning equipment in Singapore, raised $8 million by offering 1.6 million shares at $5.25, the low end of the range of $5.25 to $6.25. The company offered 23 thousand fewer shares than anticipated. SIMPPLE provides an ecosystem solution for facilities management in Singapore, which includes autonomous robotic cleaning equipment and...read more

SIMPPLE, which provides industrial robotic cleaning equipment in Singapore, raised the proposed deal size for its upcoming IPO on Wednesday. The Singapore-based company now plans to raise $9 million by offering 1.6 million shares at a price range of $5 to $6. The company had previously filed to offer the same number of shares at a range of $4 to $5. At the midpoint of the revised...read more

SIMPPLE, which provides industrial robotic cleaning equipment in Singapore, lowered the proposed deal size for its upcoming IPO on Wednesday. In its latest filing, the company also disclosed financials for the year ended December 31, 2022. The Singapore-based company now plans to raise $7 million by offering 1.6 million shares at a price range of $4 to $5. The company had...read more