BEAMSTART Logo

HomeNews

Sagtec Global Limited Announces Closing of Initial Public Offering

Benzinga LogoBenzinga1d ago

Sagtec Global Limited Announces Closing of Initial Public Offering - Benzinga

Quick Summary:

KUALA LUMPUR, Malaysia, March 10, 2025 (GLOBE NEWSWIRE) -- Sagtec Global Limited (NASDAQ:SAGT) ("Sagtec" or the "Company"), a leading provider of customizable software solutions that has revolutionized Malaysia's Food and Beverage industry with Speed+, a pioneering cloud point of sale (POS) system integrated QR Pay, today announced the closing of its previously announced initial public offering (the "Offering") of an aggregate 1,750,000 ordinary shares at a public offering price of $4.00 per share.

The ordinary shares began trading on the Nasdaq Capital Market on March 7, 2025, under the ticker symbol "SAGT".

The total gross proceeds from the Offering were approximately $7 million, before deducting underwriting discounts and commissions and offering expenses.

More Pictures

Sagtec Global Limited Announces Closing of Initial Public Offering - Benzinga (Picture 1)

or

Article Details

Author / Journalist: Globe Newswire

Category: InvestingBusiness

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-03-10 @ 20:10:00 (1 days ago)

News Timezone: GMT +8:00

News Source URL: benzinga.com

Language: English

Article Length: 465 words

Reading Time: 3 minutes read

Sentences: 17 lines

Sentence Length: 28 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Benzinga

News ID: 26868375

View Article Analysis

About Benzinga

Benzinga Logo

Main Topics: InvestingBusiness

Official Website: benzinga.com

Update Frequency: 3 posts per day

Year Established: 2010

Headquarters: United States

News Last Updated: 10 hours ago

Coverage Areas: United States

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Worldwide

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #54

Publisher Details

Frequently Asked Questions

How long will it take to read this news story?

The story "Sagtec Global Limited Announces Closing of Initial Public Offering" has 465 words across 17 sentences, which will take approximately 2 - 4 minutes for the average person to read.

Which news outlet covered this story?

The story "Sagtec Global Limited Announces Closing of Initial Public Offering" was covered 1 days ago by Benzinga, a news publisher based in United States.

How trustworthy is 'Benzinga' news outlet?

Benzinga is a fully independent (privately-owned) news outlet established in 2010 that covers mostly investing and business news.

The outlet is headquartered in United States and publishes an average of 3 news stories per day.

It's most recent story was published 10 hours ago.

What do people currently think of this news story?

The sentiment for this story is currently Negative, indicating that people regard this as "bad news".

How do I report this news for inaccuracy?

You can report an inaccurate news publication to us via our contact page. Please also include the news #ID number and the URL to this story.
  • News ID: #26868375
  • URL: https://chronographically.beamstart.com/news/sagtec-global-limited-announces-closing-1741648333

BEAMSTART

BEAMSTART is a global entrepreneurship community, serving as a catalyst for innovation and collaboration. With a mission to empower entrepreneurs, we offer exclusive deals with savings totaling over $1,000,000, curated news, events, and a vast investor database. Through our portal, we aim to foster a supportive ecosystem where like-minded individuals can connect and create opportunities for growth and success.

Our Company

© Copyright 2025 BEAMSTART. All Rights Reserved.