Simpple Ltd. Prices $1.25 Per Share Underwritten Equity Offering
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Simpple Ltd. has announced an underwritten public offering of 4,000,000 ordinary shares at $1.25 each, facilitated by Network 1 Financial Securities. The underwriter will receive warrants for an additional 300,000 shares at 125% of the offering price. Proceeds will be used for working capital and corporate purposes. Simpple Ltd. is incorporated in the Cayman Islands and operates as a foreign private issuer in the U.S. with a market cap of $10.72M.
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