Welcome to our dedicated page for HomesToLife news (Ticker: HTLM), a resource for investors and traders seeking the latest updates and insights on HomesToLife stock.
HomesToLife Ltd (Nasdaq: HTLM) is a Singapore-based global furniture company active in specialty retail and export-focused wholesale. Company news releases describe a business that combines a consumer retail division in Singapore and Korea with a wholesale & trade division serving Asia-Pacific, Europe and North America. The HTLM news feed on Stock Titan brings together these disclosures so readers can follow how the group’s strategy and operations evolve over time.
HomesToLife’s news flow covers a range of topics that matter to investors and industry observers. Financial updates include interim and annual results, such as reports on revenue trends, export performance, gross margins and net income. The company also issues guidance ranges for future revenue and discusses factors affecting its Singapore retail business and export operations.
Corporate development news features events like the company’s initial public offering on Nasdaq, the establishment of HTL Far East to expand into the rest of Asia, and the acquisition of HTL Marketing, a B2B supplier of upholstered sofas and leather materials that exports to about 50 countries. Releases also describe restructuring initiatives in the Singapore retail segment, including closing underperforming stores and revising merchandise and expenses.
More recently, HomesToLife has highlighted its move toward technology-forward and smart home-related furniture through a strategic investment in Zeica Labs, a Singapore technology company that owns spatial-audio intellectual property. News around this collaboration explains how HomesToLife plans to integrate patented spatial-audio technology into selected furniture collections.
By reviewing the HTLM news page, readers can track earnings announcements, export and retail developments, acquisitions, capital markets events, management updates and technology partnerships. Bookmarking this page provides a centralized view of HomesToLife’s official communications and helps contextualize movements in HTLM stock with underlying corporate events.
HomesToLife (HTLM) has announced the pricing of its initial public offering (IPO) of 1,250,000 ordinary shares at $4.00 per share. The company expects to raise $5 million in gross proceeds, before deducting underwriting costs and expenses. HTLM has also granted underwriters a 45-day option to purchase up to an additional 187,500 shares at the IPO price.
Shares are set to begin trading on the Nasdaq Capital Market under the ticker symbol 'HTLM' on October 1, 2024, with the offering expected to close on October 2, 2024. US Tiger Securities, Inc. is serving as the sole book-running manager for the IPO. The offering is being conducted pursuant to HTLM's Registration Statement on Form F-1, which was declared effective by the SEC on September 30, 2024.