IPO - Ohmyhome Ltd
Form Type: 424B5
Filing Date: 2025-05-21
Corporate Action: Ipo
Type: New
Accession Number: 000164117225011871
Filing Summary: Ohmyhome Ltd is offering 4,040,000 Ordinary Shares directly to investors at a negotiated price of $0.45 per share without paying placement agent fees or underwriting discounts. The shares are listed on the NASDAQ Capital Market under the symbol 'OMH'. The last reported sale price before this offering was $2.21 per share. As a Cayman Islands holding company, Ohmyhome conducts operations through its subsidiaries in Singapore and Malaysia. This prospectus supplement highlights various risks associated with investing in its securities and the uniqueness of its corporate structure, where investors will not hold equity directly in the operating subsidiaries. The company is categorized as an 'emerging growth company' and is expected to deliver shares on or about May 21, 2025, after customary closing conditions are met.
Additional details:
Offering Price Per Share: 0.45
Shares Outstanding Before Offering: 2394464
Shares Outstanding After Offering: 6434464
Market Value Public Float: 5732143.01
Maximum Aggregate Market Value: 300000000
Use Of Proceeds: general corporate purposes, working capital, continued development and expansion of our business.
Form Type: F-3
Filing Date: 2025-03-07
Corporate Action: Ipo
Type: New
Accession Number: 000149315225009539
Filing Summary: Ohmyhome Ltd, a Cayman Islands holding company, has filed a registration statement under the Securities Act of 1933 on March 7, 2025, to offer up to $300,000,000 in Ordinary Shares, Preferred Shares, Debt Securities, Warrants, Rights, and Units. The registration is part of a continuous offering strategy to sell securities in multiple offerings as needed. The company has experienced prior public offerings, raising $11.2 million from its initial public offering in March 2023 and $4.8 million from a subsequent upsized public offering in February 2024. The prospectus outlines the company's operations primarily conducted through subsidiaries in Singapore and Malaysia, highlighting their comprehensive range of property services including brokerage, mortgage referral, and renovation services. The company emphasizes using technology to improve property transactions, with a robust user base and a significant number of property transactions facilitated through its platform.
Additional details:
Approximate Date Commencement Sale: From time to time after the effective date
Number Securities Registered: up to $300,000,000
Initial Public Offering Gross Proceeds: $11.2 million
Upsized Public Offering Price Per Share: $1.35
Upsized Public Offering Gross Proceeds: $4.8 million
Last Reported Sale Price: $0.250
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