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HomesToLife prices proposed share placement at $0.90

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Form Type
6-K

Rhea-AI Filing Summary

HomesToLife Ltd (HTLM) announced pricing of a proposed placement of up to 7,800,000 new ordinary shares at US$0.90 per share (S$1.15), for aggregate gross proceeds of up to approximately US$7,020,000 before commissions and other offering expenses. The placement price was approximately 16.8% below the US$1.0817 volume weighted average price for Nasdaq Capital Market trades on November 10, 2026.

The stated net proceeds total US$6,422,900, allocated US$5,138,320 (80%) to business expansion and US$1,284,580 (20%) to general working capital. Completion was scheduled for November 16, 2026, subject to the placement agreement’s conditions, including completion of the company’s introduction on the SGX-ST Main Board; the company and placement agent may agree to another date in writing.

Placement shares Up to 7,800,000 new ordinary shares Proposed placement
Placement price US$0.90 per share (S$1.15 per share) Proposed placement
Aggregate gross proceeds Up to approximately US$7,020,000 Before placement commissions and other offering expenses
Discount to volume weighted average price Approximately 16.8% Compared with the US$1.0817 volume weighted average price for Nasdaq Capital Market trades on November 10, 2026
Volume weighted average price US$1.0817 Nasdaq Capital Market trades on November 10, 2026
Net proceeds US$6,422,900 Total allocated between business expansion and general working capital
Business expansion allocation US$5,138,320 (80%) Use of net proceeds
General working capital allocation US$1,284,580 (20%) Use of net proceeds
best endeavours basis regulatory
"procure placees on a best endeavours basis"
placement commission financial
"placement commission equal to 3.0% of the Placement Price"
buyer’s brokerage financial
"charge and retain a buyer’s brokerage of 1.0%"
volume weighted average price financial
"discount of approximately 16.8% to the volume weighted average price"
The volume weighted average price (VWAP) is a way to measure the average price of a security, such as a stock, over a specific period, taking into account how many units were traded at each price. It’s similar to calculating the average cost of items bought when some are more frequently purchased than others. Investors use VWAP to assess whether a security is being bought or sold at a fair price during trading.
prescribed capital markets products regulatory
"Placement Shares are prescribed capital markets products"
Excluded Investment Products regulatory
"and Excluded Investment Products"
Offering Type primary placement
Securities Offered New ordinary shares
Price Range US$0.90 per share (S$1.15 per share)
Offering Amount Up to 7,800,000 new ordinary shares; aggregate gross proceeds of up to approximately US$7,020,000
Use of Proceeds US$5,138,320 (80%) for business expansion; US$1,284,580 (20%) for general working capital requirements

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

How many shares is HTLM placing, and at what price?

HTLM proposed to place up to 7,800,000 new ordinary shares at US$0.90 per share (S$1.15), for gross proceeds of up to approximately US$7,020,000 before placement commissions and other offering expenses. UOB Kay Hian Private Limited agreed, on a best endeavours basis, to procure placees.

What fees apply to HTLM’s placement?

HomesToLife agreed to pay UOB Kay Hian Private Limited a commission equal to 3.0% of the placement price for each share it procures, plus goods and services tax if applicable. The agent may also charge and retain buyer’s brokerage of 1.0% of the aggregate placement price payable by each placee.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

FORM 6-K

 

Report of Foreign Private Issuer

Pursuant to Rule 13a-16 or 15d-16 of

the Securities Exchange Act of 1934

 

For the month of November 2026

 

Commission File Number: 001-42290

 

HomesToLife Ltd

(Registrant’s name)

 

12 Tai Seng Link

GRC Centre, #03-01A, Singapore 534233

(Address of principal executive offices)

 

Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F.:

 

Form 20-F ☒ Form 40-F ☐

 

Indicate by check mark if the registrant is submitting the Form 6-K on paper as permitted by Regulation S-T Rule 101(b)(1): ☐

 

Indicate by check mark if the registrant is submitting the Form 6-K on paper as permitted by Regulation S-T Rule 101(b)(7): ☐

 

 

 

 

 

 

Placement Agreement, Pricing of Placement and Related SGX-ST Announcements

 

As previously disclosed, in connection with the secondary listing by way of introduction of the ordinary shares of HomesToLife Ltd (the “Company”) on the Main Board of the Singapore Exchange Securities Trading Limited (the “SGX-ST”), the Company proposed a concurrent placement of new ordinary shares of the Company (the “Placement”), as described in the Company’s introductory document dated October 23, 2026 and supplementary introductory document dated October 28, 2026. The offer and sale of the shares in the Placement were registered under the Securities Act of 1933, as amended, pursuant to the Company’s registration statement on Form F-1 (Registration No. 333-298560), initially filed with the U.S. Securities and Exchange Commission (the “SEC”) on August 25, 2026 (as amended, the “Registration Statement”), which was declared effective by the SEC at 5:00 p.m. (Eastern Time) on November 10, 2026.

 

On November 10, 2026, following the effectiveness of the Registration Statement, the Company entered into a placement agreement (the “Placement Agreement”) with UOB Kay Hian Private Limited, as sole and exclusive placement agent (the “Placement Agent”), in connection with the Placement. Pursuant to the Placement Agreement, the Placement Agent agreed to procure, on a best endeavours basis, placees for up to 7,800,000 new ordinary shares of the Company at a placement price of S$1.15 per share (equivalent to US$0.90 per share based on the exchange rate of US$1.00:S$1.2783 published by the Monetary Authority of Singapore on November 10, 2026). The Company agreed to pay the Placement Agent a placement commission of 3.0% of the placement price for each share placed, and the Placement Agent is entitled to charge and retain a buyer’s brokerage of 1.0% of the aggregate placement price payable by each placee. The Placement Agreement contains customary representations, warranties and undertakings of the Company, indemnification and contribution obligations of the Company, and conditions to completion, including completion of the introduction of the Company’s ordinary shares on the Main Board of the SGX-ST, and may be terminated by the Placement Agent in certain circumstances prior to completion. The Placement Agreement is governed by the laws of Singapore. The foregoing description of the Placement Agreement does not purport to be complete and is qualified in its entirety by reference to the Placement Agreement, a copy of which is filed as Exhibit 10.1 to this report on Form 6-K and is incorporated herein by reference.

 

On November 13, 2026, the Company announced the pricing of the Placement of up to 7,800,000 new ordinary shares of the Company at a placement price of US$0.90 per Placement Share, for aggregate gross proceeds of up to approximately US$7,020,000, before deducting placement commissions and other offering expenses. In connection with the foregoing, the Company published the following announcements on SGXNET, copies of which are furnished as Exhibits 99.1 and 99.2 to this report on Form 6-K and are incorporated herein by reference.

 

This report on Form 6-K shall not constitute an offer to sell or the solicitation of an offer to buy these securities, nor shall there be any sale of these securities in any state or jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction.

 

EXHIBIT INDEX

 

Exhibit No.   Description
10.1   Placement Agreement, dated November 10, 2026, between HomesToLife Ltd and UOB Kay Hian Private Limited
99.1   SGX-ST Announcement – Receipt of Notice of Effectiveness of Form F-1 Registration Statement, dated November 12, 2026
99.2   SGX-ST Announcement – Pricing of the Proposed Placement, dated November 13, 2026

 

2

 

 

SIGNATURES

 

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

 

  HomesToLife Ltd
     
Date: November 13, 2026 By: /s/ Phua Yong Tat
  Name: Phua Yong Tat
  Title: Director and Vice-Chairman

 

3

 

 

Exhibit 99.1

 

HOMESTOLIFE LTD

(Incorporated in the Cayman Islands)

(Company Registration No.: 407249)

 

 

 

RECEIPT OF NOTICE OF EFFECTIVENESS OF FORM F-1 REGISTRATION STATEMENT FROM THE U.S. SECURITIES AND EXCHANGE COMMISSION

 

 

 

Unless otherwise defined, all defined terms used in this announcement shall have the same meaning ascribed thereto in the Introductory Document (as defined below).

 

1.INTRODUCTION

 

  The Board of Directors (the “Board”) of HomesToLife Ltd (the “Company”, and together with its subsidiaries, the “Group”) refers to:

 

  (a) the Company’s introductory document dated 23 October 2026 and the supplementary introductory document dated 28 October 2026 (collectively, the “Introductory Document”) regarding, among other things, the proposed concurrent placement of new shares in the Company following the issuance of the Introductory Document (the “Proposed Placement”); and
     
  (b)

the Company’s registration statement on Form F-1, initially filed with the U.S. Securities and Exchange Commission (“SEC”) on 25 August 2026, Registration No. 333-298560 (as amended, the “Registration Statement”), under the Securities Act of 1933 of the United States, as amended (the “U.S. Securities Act”), relating to a proposed offering of the Company’s shares in connection with the Proposed Placement.

 

2.RECEIPT OF NOTICE OF EFFECTIVENESS OF REGISTRATION STATEMENT

 

  The Board wishes to update that the SEC has declared the Registration Statement to be effective under the U.S. Securities Act as of 5:00 pm on 10 November 2026 (Eastern Standard Time). The Company has uploaded a copy of the Notice of Effectiveness onto the SGXNET along with this announcement.
   
  An electronic copy of the Notice of Effectiveness has also been made available on the SEC’s EDGAR system on 12 November 2026 (Singapore time) at https://www.sec.gov/Archives/edgar/data/2023153/999999999526003497/9999999995-26-003497-index.html.
   
  An electronic copy of the final Registration Statement, which includes a prospectus in respect of the Proposed Placement, is also uploaded onto the SGXNET along with this announcement. An electronic copy of the final Registration Statement is also available on the SEC’s EDGAR system at https://www.sec.gov/Archives/edgar/data/2023153/000149315226050358/formf-1a.htm and the Company’s corporate website at https://investors.homestolife.com/financials. Alternatively, the Company will arrange to send you the prospectus if you request it by calling +65 9730 3718, or mailing to 12 Tai Seng Link, GRC Centre, #03-01A, Singapore 534233.

 

This announcement shall not constitute an offer to sell or the solicitation of an offer to buy these shares, nor shall there be any sale of these shares in any state or jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction.

 

By Order of the Board

HOMESTOLIFE LTD

 

Phua Yong Pin

Executive Chairman

12 November 2026

 

1

 

 

Exhibit 99.2

 

HOMESTOLIFE LTD

(Incorporated in the Cayman Islands)

(Company Registration No.: 407249)

 

 

 

PROPOSED PLACEMENT OF UP TO 7,800,000 NEW ORDINARY SHARES IN THE CAPITAL OF THE COMPANY AT THE PLACEMENT PRICE OF S$1.15 FOR EACH PLACEMENT SHARE

 

  -ENTRY INTO PLACEMENT AGREEMENT AND APPOINTMENT OF PLACEMENT AGENT

 

 

 

1.INTRODUCTION

 

1.1The Board of Directors (the “Board” or “Directors”) of HomesToLife Ltd (the “Company”, and together with its subsidiaries, the “Group”) wishes to announce that the Company has on 11 November 2026 entered into a placement agreement (the “Placement Agreement”) with UOB Kay Hian Private Limited as the sole placement agent (the “Placement Agent”) in relation to the Proposed Placement (as defined herein).

 

1.2Pursuant to the Placement Agreement, the Company has agreed to offer and issue, by way of placement, and the Placement Agent has agreed, on a best endeavours basis, to procure placees for the subscription of up to 7,800,000 new ordinary shares in the capital of the Company (the “Placement Shares”) at an issue price per Placement Share of US$0.90 for each Placement Share (equivalent to S$1.15, based on the exchange rate of US$1.00:S$1.2783 as of 10 November 20261) (the “Placement Price”), amounting to an aggregate consideration of approximately US$7,020,000 (the “Proposed Placement”), subject to the terms and conditions of the Placement Agreement.

 

1.3The Proposed Placement is not underwritten and will be undertaken in Singapore pursuant to one or more exemption(s) under Division 1, Subdivision (4) (excluding section 277) of Part 13 of the Securities and Futures Act 2001 of Singapore (“SFA”), including, where applicable, sections 272B, 274 and 275 of the SFA, and will fall within the exception under Rule 237 of the Listing Manual of the Singapore Exchange Securities Trading Limited (the “SGX-ST”) (the “Listing Manual”). Accordingly, no prospectus or offer information statement will be lodged with or registered by the Monetary Authority of Singapore (“MAS”) in connection with the Proposed Placement.

 

2.THE PROPOSED PLACEMENT

 

2.1The Placement Shares

 

(a)The Placement Shares:

 

(i)represent approximately 8.7% of the existing total number of issued shares of the Company comprising 89,687,500 fully paid-up ordinary shares in the capital of the Company (“Shares”) (excluding nil treasury shares and nil subsidiary holdings) as at the date of this announcement; and

 

(ii)will represent approximately 8.0% of the enlarged total number of issued Shares of the Company comprising 97,487,500 Shares (assuming that 7,800,000 new ordinary shares are placed out).

 

 

1 Exchange rate as at 10 November 2026 as extracted from the MAS’ website.

 

 
 

 

(b)The Placement Shares shall be allotted and issued free from all claims, pledges, mortgages, charges, liens and encumbrances, and shall be fully paid and shall rank in all respects pari passu with the then existing issued Shares, except that they shall not rank for any dividend, right, allotment or other distribution the record date of which falls on or before the relevant date of allotment and issuance of the Placement Shares.

 

(c)The Proposed Placement will also not result in any transfer of controlling interest in the Company.

 

2.2The Placement Price

 

The Placement Price is US$0.90 for each Placement Share (equivalent to S$1.15) and was arrived at pursuant to discussions with the Placement Agent, taking into account, among others, the prevailing market price of the then existing issued Shares. The Placement Price represents a discount of approximately 16.8% to the volume weighted average price of US$1.0817 for trades done on the Nasdaq Capital Market (“Nasdaq”) on 10 November 2026, being the last full market day on which the Shares were traded prior to the time of execution of the Placement Agreement.

 

3.SALIENT TERMS OF THE PLACEMENT AGREEMENT

 

3.1 Placement Commission

 

In consideration of the Placement Agent agreeing, on a best endeavours basis, to procure placees for the Placement Shares, the Company shall pay the Placement Agent a placement commission (the “Commission”) equal to 3.0% of the Placement Price for each Placement Share for which the Placement Agent has procured placees (“Placed Shares”) and, if applicable, goods and services tax thereon, according to the relevant number of Placed Shares issued through the Placement Agent pursuant to the Placement.

 

In addition to the Commission, the Placement Agent shall be entitled to charge and retain a buyer’s brokerage of 1.0% of the aggregate Placement Price payable by each relevant placee in respect of the Placement Shares subscribed by it.

 

3.2 Placement Completion

 

Subject to the terms and conditions of the Placement Agreement, completion of the Proposed Placement (“Completion”) shall take place on 16 November 2026 or such other date as the Company and the Placement Agent may agree in writing (the “Completion Date”).

 

4.USE OF PROCEEDS

 

4.1The estimated net proceeds from the Proposed Placement, after deducting estimated fees and expenses (including listing and application fees, the commission payable to the Placement Agent, professional fees and other miscellaneous expenses) of approximately US$597,100, is approximately US$6,422,900 (the “Net Proceeds”). The Company intends to apply the Net Proceeds as follows:

 

Use of Net Proceeds  US$   As a % of Net Proceeds 
Business expansion
   5,138,320    80 
General working capital requirements of the Group
   1,284,580    20 
Total   6,422,900    100 

 

4.2Pending the deployment of the Net Proceeds, such Net Proceeds may be deposited with banks or financial institutions, invested in short-term money market instruments or marketable securities, and/or used for any other purpose on a short-term basis, as the Company may, in its absolute discretion, deem fit from time to time.

 

5.DOCUMENTS AVAILABLE FOR INSPECTION

 

A copy of the Placement Agreement will be available for inspection during normal business hours at the registered office of the Company at 12 Tai Seng Link, #03-01A, GRC Centre, Singapore 534233, for a period of three (3) months commencing from the date of this announcement.

 

6.FURTHER ANNOUNCEMENTS

 

The Company will make appropriate announcements as and when there are any material developments on the Proposed Placement.

 

By Order of the Board

HOMESTOLIFE LTD

 

Phua Yong Pin

Executive Chairman

13 November 2026

 

 
 

 

IMPORTANT NOTICES

 

The Company has uploaded onto the SGXNET an electronic copy of the final Registration Statement, which includes a prospectus in respect of the Proposed Placement. An electronic copy of the final Registration Statement is also available on the SEC’s EDGAR system at https://www.sec.gov/Archives/edgar/data/2023153/000149315226050358/formf-1a.htm and the Company’s corporate website at https://investors.homestolife.com/financials. Alternatively, the Company will arrange to send you the prospectus if you request it by calling +65 9730 3718, or mailing to 12 Tai Seng Link, GRC Centre, #03-01A, Singapore 534233.

 

This announcement shall not constitute an offer to sell or the solicitation of an offer to buy these shares, nor shall there be any sale of these shares in any state or jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction.

 

Notification under Section 309B of the SFA: The Placement Shares are prescribed capital markets products (as defined in the Securities and Futures (Capital Markets Products) Regulations 2018) and Excluded Investment Products (as defined in MAS Notice SFA 04-N12: Notice on the Sale of Investment Products and MAS Notice FAA-N16: Notice on Recommendations on Investment Products). This announcement does not constitute or form part of any offer, or invitation, to subscribe for or to sell, or solicitation of any offer to subscribe for or to purchase securities of the Company, nor is it calculated to invite, nor does it permit the making of, offers by the public to subscribe for or purchase for cash or other consideration securities of the Company. Restrictions have been imposed on offers and sales of the Placement Shares and on distributions of documents relating thereto in Singapore.

 

 

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