PropTech company SIMPPLE debuts in Nasdaq

The SG-based company priced its IPO at US$5.25 per ordinary share.

Singapore-based PropTech company, SIMPPLE, raised US$8.4m from its Initial Public Offering (IPO) on the Nasdaq Stock Market.

SIMPPLE began trading on Nasdaq under the ticker symbol “SPPL” on 13 September.

It issued 1,602,000 ordinary shares for US$5.25 per share.

In an announcement, SIMPPLE said it will use the funds raised from the IPO for “research and development of products and technology.”

Funds will also be used for the company’s “intellectual property strategy and implementation, scaling up sales and marketing into overseas markets and for opening selected satellite offices, potential acquisitions and strategic investments and working capital and general corporate purposes.”

Follow the link for more news on

IPO

If you've been wondering whether SBR could work for your company — yes, probably.

A lot of the companies we partner with started as readers. They'd been following our coverage for a while, saw their own customers and competitors in it, and eventually asked the obvious question: could we do something with you? The answer is usually yes. The shape of it depends on what you're trying to do.

The options are broader than most people assume — thought leadership articles, sponsored content, industry summits across Southeast Asia, regional awards programmes, podcasts, and media placements in print and digital. Some partners use one channel; most use a mix. We figure out the right combination by starting with your brief, not with our rate card.

So if the question has been on your mind, here's the easy way to ask it.

We'll tell you honestly whether we can help, and how. It's a better use of everyone's time.

Book a meeting

| Or download the media kit (PDF)

240,000 senior readers quarterly in print Top 1,700 Singapore companies reached

7 markets across Southeast Asia