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Republic Power Group Limited (RPGL) completed its initial public offering of 2,120,000 Class A ordinary shares at $4.00 per share. The company raised $5.0 million in gross proceeds from 1,250,000 shares it sold, while selling shareholders received $3.48 million from their 870,000 shares sold.
The Singapore-based enterprise resource planning software provider began trading on the Nasdaq Capital Market on October 14, 2025. The offering was conducted on a firm commitment basis with Bancroft Capital serving as lead managing underwriter and book-runner.
Republic Power Group provides customized enterprise resource planning software solutions, consulting and technical support services, and peripheral hardware to corporate clients and government agencies in Singapore and Malaysia.
The company plans to use net proceeds for research and development, marketing and branding investment, capital expenditures, recruitment, general corporate purposes and potential future acquisitions. The Securities and Exchange Commission declared the registration statement effective on September 30, 2025.
Hunter Taubman Fischer & Li served as U.S. counsel to the company, while The Crone Law Group represented Bancroft Capital in the transaction.