Welcome to our dedicated page for Ten-League International Holdings Ltd. news (Ticker: TLIH), a resource for investors and traders seeking the latest updates and insights on Ten-League International Holdings Ltd. stock.
Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Ten-League International Holdings Ltd.'s stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.
Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Ten-League International Holdings Ltd.'s position in the market.
Ten-League International Holdings (NASDAQ:TLIH), a Singapore-based provider of turnkey project solutions, has successfully completed its initial public offering. The company offered 2,240,000 ordinary shares at $4.00 per share, with 1,607,840 shares from the company and 632,160 from selling shareholders.
The IPO generated gross proceeds of $6.43 million for Ten-League. The funds will be allocated to expand product offerings, improve automation processes, pursue strategic acquisitions, enhance marketing efforts, repay bank debt, and support working capital needs. Trading began on the Nasdaq Capital Market on July 8, 2025, with Bancroft Capital serving as the sole underwriter.
[ "Successfully raised $6.43 million in gross proceeds from IPO", "Secured listing on Nasdaq Capital Market", "Clear allocation strategy for IPO proceeds including growth initiatives", "Firm commitment underwriting from Bancroft Capital" ]Ten-League International Holdings (NASDAQ:TLIH), a Singapore-based provider of turnkey project solutions, has announced the pricing of its initial public offering at $4.00 per ordinary share. The IPO consists of 2,240,000 ordinary shares, with 1,607,840 shares offered by the company and 632,160 by selling shareholders.
The company expects to raise gross proceeds of $6.43 million from the offering. Trading is set to commence on July 8, 2025, on the Nasdaq Capital Market under the symbol "TLIH". The IPO proceeds will fund product expansion, automation improvements, strategic acquisitions, marketing initiatives, bank debt repayment, and working capital.
FAQ
What is the current stock price of Ten-League International Holdings Ltd. (TLIH)?
