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Republic Power Group Limited announced the pricing of its initial public offering at $4.00 per Class A ordinary share. The Singapore-based enterprise resource planning software provider will offer 2,120,000 shares, with 1,250,000 shares from the company and 870,000 from selling shareholders.
The company expects to receive gross proceeds of $5 million from the offering, while selling shareholders anticipate $3.48 million before deducting underwriting discounts and expenses. The shares received approval for listing on the Nasdaq Capital Market under ticker symbol "RPGL" and are expected to begin trading on October 14, 2025.
The offering is scheduled to close on or about October 15, 2025, subject to customary closing conditions. Republic Power Group plans to use net proceeds for research and development, marketing and branding investments, capital expenditures, talent recruitment, general corporate purposes, and potential future acquisitions.
Bancroft Capital, LLC serves as lead managing underwriter and book-runner for the offering, which is being conducted on a firm commitment basis. The Securities and Exchange Commission declared the company’s Form F-1 registration statement effective on September 30, 2025.
Republic Power Group provides customized enterprise resource planning software solutions, consulting services, technical support, and peripheral hardware to corporate clients and government agencies in Singapore and Malaysia.