Smart Digital Group Closes IPO
Ticker: SDM · Form: 6-K · Filed: May 6, 2025 · CIK: 2014955
| Field | Detail |
|---|---|
| Company | Smart Digital Group Ltd (SDM) |
| Form Type | 6-K |
| Filed Date | May 6, 2025 |
| Risk Level | medium |
| Sentiment | bullish |
Sentiment: bullish
Topics: ipo, offering, public-listing
TL;DR
Smart Digital Group just closed its IPO, selling 1.5M shares on 5/5/25.
AI Summary
Smart Digital Group Limited announced the closing of its initial public offering (IPO) on May 5, 2025. The company successfully sold 1,500,000 ordinary shares, par value $0.001 per share, as part of this offering.
Why It Matters
The successful completion of an IPO marks a significant milestone for a company, providing access to public capital markets and increasing its visibility.
Risk Assessment
Risk Level: medium — As a newly public company from an IPO, Smart Digital Group faces the typical risks associated with market volatility and establishing its public market valuation.
Key Numbers
- 1,500,000 — Ordinary Shares Sold (Represents the total number of shares issued in the company's initial public offering.)
- $0.001 — Par Value Per Share (The nominal value assigned to each ordinary share.)
Key Players & Entities
- Smart Digital Group Limited (company) — Filer of the 6-K and issuer in the IPO
- May 5, 2025 (date) — Closing date of the IPO
- 1,500,000 (dollar_amount) — Number of ordinary shares sold in the IPO
- $0.001 (dollar_amount) — Par value per ordinary share
FAQ
What was the total number of ordinary shares sold in the IPO?
1,500,000 ordinary shares were sold in the IPO.
On what date did Smart Digital Group Limited close its initial public offering?
The IPO closed on May 5, 2025.
What is the par value of the ordinary shares issued?
The par value of the ordinary shares is $0.001 per share.
Under which form was the IPO registration statement initially filed?
The IPO was completed pursuant to a registration statement on Form F-1 (File No. 333-283152).
What is the principal executive office address of Smart Digital Group Limited?
The principal executive office is located at 150 Beach Road #2805/06 Gateway West Singapore 189720.
Filing Details
This Form 6-K (Form 6-K) was filed with the SEC on May 6, 2025 regarding Smart Digital Group Ltd (SDM).