THE GROWHUB LIMITED Announces Closing of $15 Million Initial Public Offering
THE GROWHUB LIMITED (NASDAQ: TGHL), a Singapore-based blockchain technology company focused on product traceability, has successfully completed its Initial Public Offering (IPO). The company raised $15 million in gross proceeds through the offering of 3,750,000 Class A Ordinary Shares at $4.00 per share.
Trading of TGHL shares commenced on August 28, 2025 on the NASDAQ Stock Market. Alexander Capital, L.P. served as the lead book-running manager, with Network 1 Financial Securities, Inc. as co-underwriter. The IPO was conducted under an SEC-approved Form F-1 registration statement.
THE GROWHUB LIMITED (NASDAQ: TGHL), società con sede a Singapore specializzata in tecnologia blockchain per la tracciabilità dei prodotti, ha completato con successo la sua offerta pubblica iniziale (IPO). L'azienda ha raccolto 15 milioni di dollari di proventi lordi attraverso l'offerta di 3.750.000 azioni ordinarie di Classe A a 4,00 USD per azione.
Le azioni TGHL hanno iniziato a essere negoziate il 28 agosto 2025 sul mercato NASDAQ. Alexander Capital, L.P. ha agito come lead book-running manager, con Network 1 Financial Securities, Inc. come co-sottoscrittore. L'IPO è stata effettuata sulla base di un modulo di registrazione F-1 approvato dalla SEC.
THE GROWHUB LIMITED (NASDAQ: TGHL), una empresa con sede en Singapur especializada en tecnología blockchain para la trazabilidad de productos, ha completado con éxito su oferta pública inicial (IPO). La compañía recaudó 15 millones de dólares en ingresos brutos mediante la colocación de 3.750.000 acciones ordinarias Clase A a 4,00 USD por acción.
Las acciones de TGHL comenzaron a cotizar el 28 de agosto de 2025 en el mercado NASDAQ. Alexander Capital, L.P. actuó como gestor principal del libro, con Network 1 Financial Securities, Inc. como co-suscriptor. La IPO se realizó bajo un formulario F-1 de registro aprobado por la SEC.
THE GROWHUB LIMITED (NASDAQ: TGHL), 제품 추적성을 위한 블록체인 기술에 주력하는 싱가포르 기반 기업이 기업 공개(IPO)를 성공적으로 마무리했습니다. 회사는 주당 4.00달러에 3,750,000주의 클래스 A 보통주를 발행해 총 1,500만 달러의 총수익을 확보했습니다.
TGHL 주식은 2025년 8월 28일에 NASDAQ 증권거래소에서 거래를 시작했습니다. Alexander Capital, L.P.가 주간주관사(lead book-running manager)를 맡았고 Network 1 Financial Securities, Inc.가 공동인수인으로 참여했습니다. 이번 IPO는 미국 증권거래위원회(SEC)가 승인한 Form F-1 등록서류에 따라 진행되었습니다.
THE GROWHUB LIMITED (NASDAQ: TGHL), une société basée à Singapour spécialisée dans la technologie blockchain pour la traçabilité des produits, a conclu avec succès son introduction en bourse (IPO). La société a levé 15 millions de dollars de produit brut en proposant 3 750 000 actions ordinaires de Classe A à 4,00 USD par action.
Les actions TGHL ont commencé à être négociées le 28 août 2025 sur le NASDAQ. Alexander Capital, L.P. a agi en tant que chef de file du syndicat, avec Network 1 Financial Securities, Inc. en tant que co-chef de file. L'introduction en bourse a été réalisée au titre d'un formulaire F-1 d'enregistrement approuvé par la SEC.
THE GROWHUB LIMITED (NASDAQ: TGHL), ein in Singapur ansässiges Blockchain-Technologieunternehmen mit Fokus auf Produktnachverfolgbarkeit, hat erfolgreich seinen Börsengang (IPO) abgeschlossen. Das Unternehmen erzielte 15 Millionen US-Dollar Bruttoerlös durch die Platzierung von 3.750.000 Stammaktien der Klasse A zu je 4,00 USD.
Der Handel mit TGHL-Aktien begann am 28. August 2025 an der NASDAQ. Alexander Capital, L.P. fungierte als leitender Bookrunner, Network 1 Financial Securities, Inc. als Co-Underwriter. Der IPO wurde anhand einer von der SEC genehmigten Form F-1-Registrierung durchgeführt.
- Successfully raised $15 million in gross proceeds through IPO
- Achieved NASDAQ listing, providing access to public capital markets
- Strategic positioning in blockchain technology for product traceability
- Relatively small IPO size of $15 million may limit growth potential
- New public company status brings increased regulatory compliance costs
- Potential share price volatility common with newly listed companies
Insights
GrowHub successfully raised $15M in its NASDAQ IPO at $4 per share, giving public investors access to a blockchain-based product authentication company.
THE GROWHUB LIMITED has successfully completed its initial public offering (IPO), raising
The IPO represents a modest capital raise compared to many technology offerings, suggesting GrowHub is still in relatively early stages of growth. With Alexander Capital serving as the lead book-running manager and Network 1 Financial Securities as co-underwriter, the company has now established public market access that could support future funding rounds.
For a blockchain-focused company specializing in supply chain verification, this public listing provides not only capital but also potential visibility advantages in an increasingly competitive product authentication market. The
The shares began trading on the NASDAQ Stock Market LLC on August 28, 2025, under the ticker symbol "TGHL".
Alexander Capital, L.P. ("Alexander Capital"), a full-service broker/dealer, acted as the lead book-running manager with Network 1 Financial Securities, Inc. acting as a co-underwriter for the Offering. Loeb & Loeb LLP is acting as
The Offering is being conducted pursuant to the Company's registration statement on Form F-1 (File No. 333-286923), as amended, previously filed with and subsequently declared effective by the
Before you invest, you should read the prospectus and other documents the Company has filed or will file with the SEC for more information about the Company and the Offering. This press release has been prepared for informational purposes only and shall not constitute an offer to sell or the solicitation of an offer to buy these securities, nor shall such securities be offered or sold in
About THE GROWHUB LIMITED
The GrowHub Limited is a
FORWARD-LOOKING STATEMENTS
Certain statements contained in this press release about future expectations, plans and prospects, as well as any other statements regarding matters that are not historical facts, may constitute "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. The words "anticipate," "believe," "continue," "could," "estimate," "expect," "intend," "may," "plan," "potential," "predict," "project," "should," "target," "will," "would" and similar expressions are intended to identify forward-looking statements, although not all forward-looking statements contain these identifying words. Actual results may differ materially from those indicated by such forward-looking statements as a result of various important factors, including: the uncertainties related to market conditions and the completion of the public offering on the anticipated terms or at all, and other factors discussed in the "Risk Factors" section of the prospectus filed with the SEC. For these reasons, among others, investors are cautioned not to place undue reliance upon any forward-looking statements in this press release. Any forward-looking statements contained in this press release speak only as of the date hereof, and THE GROWHUB LIMITED specifically disclaims any obligation to update any forward-looking statement, whether as a result of new information, future events or otherwise, except as required by law.
For more information, please contact:
THE GROWHUB LIMITED Contact:
60 Paya Lebar Road
#12-37 Paya Lebar Square
+65 6993 9430
Email: media@thegrowhub.co
Investor Relations
John Yi and Steven Shinmachi
Gateway Group, Inc.
949-574-3860
TGHL@gateway-grp.com
Underwriter Inquiries:
Alexander Capital L.P.
10 Drs James Parker Boulevard #202,
+1 (212) 687-5650
Email: info@alexandercapitallp.com
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SOURCE THE GROWHUB LIMITED
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