Singapore proptech firm Ohmyhome announced that it had begun trading on the Nasdaq Stock Market in New York on 21 March under the ticker symbol “OMH”.
Ohmyhome is selling 3,775,000 million shares at a price of US$4.00 per share in a bid to raise US$15.1 million.
From these shares, Ohmyhome is offering 2,800,000 ordinary shares while the selling stockholder is offering 975,000 ordinary shares.
Ohmyhome said that it will not receive any proceeds from the sale of shares by the selling stockholder.
The offering is expected to close on 23 March (today) and is subject to the satisfaction of customary closing conditions.