---
title: "Simpple Ltd. Prices $1.25 Per Share Underwritten Equity Offering"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/281230797.md"
description: "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."
datetime: "2026-03-31T18:18:33.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/281230797.md)
  - [en](https://longbridge.com/en/news/281230797.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/281230797.md)
---

# Simpple Ltd. Prices $1.25 Per Share Underwritten Equity Offering

### End of Quarter Sale - 50% Off TipRanks

-   Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
-   Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks

Simpple Ltd. ( (SPPL) ) has provided an update.

On March 31, 2026, Simpple Ltd. entered into an underwriting agreement with Network 1 Financial Securities for an underwritten public offering of 4,000,000 ordinary shares at $1.25 per share. As part of the deal, the underwriter received warrants to purchase up to 300,000 additional shares at 125% of the offering price, exercisable on a cash or cashless basis and expiring five years after closing.

The offering is being conducted under an already effective Form F-3 shelf registration, with the warrants and their underlying shares issued in reliance on a registration exemption. Simpple said it plans to use the net proceeds for working capital and general corporate and administrative purposes, a move that should bolster liquidity and provide additional flexibility for ongoing operations and corporate initiatives.

**More about Simpple Ltd.**

Simpple Ltd. is an exempted company incorporated in the Cayman Islands and based in Singapore. The company is listed in the United States as a foreign private issuer and accesses U.S. capital markets through SEC-registered offerings of its ordinary shares.

**Average Trading Volume:** 10,676

**Technical Sentiment Signal:** Sell

**Current Market Cap:** $10.72M

### Related Stocks

- [SPPL.US](https://longbridge.com/en/quote/SPPL.US.md)

## Related News & Research

- [Artivion Completes Acquisition of Endospan Ltd. | AORT Stock News](https://longbridge.com/en/news/286758893.md)
- [Nu Holdings Ltd. Reports First Quarter 2026 Financial Results | NU Stock News](https://longbridge.com/en/news/286474014.md)
- [JCB and Wonder Advance Cashless Taxi Payments in Hong Kong](https://longbridge.com/en/news/286692709.md)
- [Arbejdsmarkedets Tillaegspension Takes Position in TE Connectivity Ltd. $TEL](https://longbridge.com/en/news/286638241.md)
- [Amazon.com, Inc. $AMZN Shares Bought by Coronation Fund Managers Ltd.](https://longbridge.com/en/news/286731610.md)