HomesToLife Ltd. successfully listed on the Nasdaq Capital Market.
Industry: Retail
Listing Date: October 2024, Nasdaq Capital Market
Funds Raised: US$5.75 million
Partners: Internationally renowned investment banks and brokerage firms
DY Group Holdings Limited successfully assisted HomesToLife Ltd. (HTLM) in its IPO on the Nasdaq Capital Market, raising US$4.87 million in capital, demonstrating the growth potential of Asian companies in the US capital market.
Founded in 1976 and headquartered in Singapore, HomesToLife Ltd. is a Singapore-based home furnishings retailer engaged in the sales and distribution of leather upholstered furniture, such as sofas, armchairs, recliners, and related accessories. Under the HomesToLife brand, HomesToLife operates retail stores and sells through its website. For this IPO, HomesToLife Ltd. partnered with a renowned international investment bank to issue 1.43 million Class A common shares at US$4.00 per share, laying a solid foundation for future expansion.