HomesToLife (HTLM) prices Nasdaq IPO at $0.90, raising $6.75 million
As seen on the 24/7 Wall St. homepage on November 13, 2026.
HomesToLife prices Nasdaq IPO at $0.90, raising $6.75 million
The Singapore furniture retailer priced at 90 cents a share, raising just $6.75 million against a $96 million market cap. UOB Kay Hian is sole underwriter on a deal small enough that the 7.5 million new shares set the float almost by themselves.
Continue ReadingShow less
HomesToLife Ltd, a Singapore furniture retailer, priced its Nasdaq IPO at $0.90 per share. The 7.5 million new shares sold account for nearly the entire public float.
Against an implied market capitalization of $96 million, the IPO shares represent only a sliver of total equity. That leaves the stock highly sensitive to modest shifts in buying or selling pressure once trading begins.
Sponsored
UOB Kay Hian is the sole underwriter on a deal that is unusually compact by U.S. market standards. Single-underwriter micro-cap IPOs at this price level attract speculative interest early and then trade on thin secondary liquidity.
The SEC filing is the primary public record for the offering terms at this stage. Keep an eye on how the small float trades against that $96 million implied valuation from the opening session.
Mentioned: HTLM