Welcome to our dedicated page for SDM news (Ticker: SDM), a resource for investors and traders seeking the latest updates and insights on SDM stock.
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Smart Digital Group Limited (Nasdaq: SDM), a Singapore-based digital marketing service provider, has successfully completed its Initial Public Offering (IPO). The company offered 1,500,000 ordinary shares at US$4.00 per share, raising gross proceeds of US$6.0 million. Trading began on the Nasdaq Capital Market on May 2, 2025, under the symbol "SDM".
The underwriters have a 45-day option to purchase an additional 225,000 shares. The proceeds will fund business expansion, brand promotion, marketing, software development, and working capital. US Tiger Securities, Inc. served as the sole book-runner for this firm commitment offering.