OMH News

Four small issuers began trading this past week, three of which are eligible for inclusion in our IPO stats, joined by one SPAC. In the pipeline, two small IPOs and one direct listing submitted initial filings. The most notable activity came from car sharing platform Turo (TURO), which disclosed updated financials ahead of its estimated $300 million IPO. ...read more

Ohmyhome, which operates a real estate brokerage and property services platform in Singapore, raised $15 million by offering 3.8 million shares (26% secondary) at $4, the low end of the range of $4 to $5. The company had originally planned to raise the same amount by offering 3.3 million shares (100% primary) at the midpoint, but lowered the primary share offering to 2.8 million...read more

Micro-cap diamond maker Adamas One (JEWL) completed the first offering of the December IPO market. The biggest news of the week came from Vingroup’s Vinfast Auto (VFS), which filed for an IPO we estimate could raise more than $1 billion. It is expected to be the largest IPO from a Vietnamese company since 2018, and the first US IPO from a...read more

Ohmyhome, which operates a real estate brokerage and property services platform in Singapore, filed on Tuesday with the SEC to raise up to $15 million in an initial public offering. The Singapore-based company plans to raise $15 million by offering 3.3 million shares at a price range of $4 to $5. At the midpoint of the proposed range, Ohmyhome would command a market value of $88...read more