FBS Global Ltd Plans IPO with Underwriting Agreement
Ticker: FBGL · Form: 6-K · Filed: Feb 7, 2025 · CIK: 1938534
| Field | Detail |
|---|---|
| Company | Fbs Global LTD (FBGL) |
| Form Type | 6-K |
| Filed Date | Feb 7, 2025 |
| Risk Level | medium |
| Pages | 3 |
| Reading Time | 4 min |
| Key Dollar Amounts | $0.001, $4.50, $9.4 million |
| Sentiment | neutral |
Sentiment: neutral
Topics: ipo, underwriting-agreement, public-offering
TL;DR
FBS Global Ltd is going public, signing a deal with WallachBeth Capital for their IPO of 2.25M shares.
AI Summary
On February 5, 2025, FBS Global Limited entered into an Underwriting Agreement with WallachBeth Capital LLC for its initial public offering (IPO). The IPO involves the sale of 2,250,000 ordinary shares.
Why It Matters
This filing indicates FBS Global Ltd is preparing for its initial public offering, a significant step that could lead to increased liquidity and public scrutiny.
Risk Assessment
Risk Level: medium — The company is undergoing an IPO, which carries inherent risks related to market reception and execution.
Key Numbers
- 2,250,000 — Ordinary Shares (Number of shares to be offered in the IPO)
Key Players & Entities
- FBS Global Limited (company) — Registrant
- WallachBeth Capital LLC (company) — Representative of the underwriters
- February 5, 2025 (date) — Date of Underwriting Agreement
- 2,250,000 (dollar_amount) — Number of ordinary shares in IPO
FAQ
What is the par value of the ordinary shares being offered in the IPO?
The filing states the IPO is for 2,250,000 ordinary shares, par value [value not specified in excerpt].
What is the total expected valuation of the IPO based on this filing?
The filing does not provide information to calculate the total expected valuation of the IPO.
What is the specific role of WallachBeth Capital LLC in the IPO?
WallachBeth Capital LLC is acting as the representative of the underwriters in the IPO.
When was the Underwriting Agreement officially entered into?
The Underwriting Agreement was entered into on February 5, 2025.
Is FBS Global Limited a US-based company?
No, FBS Global Limited is a foreign private issuer based in Singapore.
Filing Stats: 901 words · 4 min read · ~3 pages · Grade level 16 · Accepted 2025-02-07 12:21:36
Key Financial Figures
- $0.001 — 2,250,000 ordinary shares, par value US$0.001 per share (the “Shares”) at
- $4.50 — e “Shares”) at a price of US$4.50 per share (the “Offering Price&rd
- $9.4 million — expense allowances, were approximately $9.4 million. A final prospectus relating to the IPO
Filing Documents
- form6-k.htm (6-K) — 26KB
- ex99-1.htm (EX-99.1) — 13KB
- ex99-2.htm (EX-99.2) — 14KB
- ex99-1_001.jpg (GRAPHIC) — 8KB
- 0001493152-25-005340.txt ( ) — 65KB
SIGNATURES
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. FBS Global Limited Date: February 7, 2025 By /s/ Ang Poh Guan Ang Poh Guan Executive Director Chief Executive Officer