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SMJ International Holdings Inc. (NYSE American: SMJF), a Singapore-based flooring specialist, announced the pricing of its initial public offering of 2.5 million Class A ordinary shares at $4 per share, according to a company statement.
The offering will generate $10 million in gross proceeds before deducting underwriting discounts and other expenses. The company has granted the underwriter a 45-day option to purchase an additional 375,000 shares at the offering price to cover over-allotments.
Trading on the NYSE American under ticker symbol "SMJF" is expected to begin December 4, 2025, with the offering expected to close December 5, 2025, subject to customary closing conditions.
US Tiger Securities Inc. serves as the sole book runner for the offering. The Crone Law Group P.C. acts as U.S. legal counsel to SMJ, while Winston and Strawn LLP represents US Tiger Securities.
The offering proceeds under a registration statement on Form F-1 that became effective with the Securities and Exchange Commission on November 24, 2025.
SMJ distributes flooring products including carpet tiles, broadloom carpets and vinyl tiles under its proprietary "SMJ" brand in Singapore and over 20 countries primarily in Asia. The company supplies environmentally certified flooring products to support sustainable building practices in the region.