FBS Global成立于1996年，截至2023年6月30日的12个月营收为1300万美元。该公司计划在纳斯达克上市，股票代码为“FBGL”。WallachBeth Capital是此次交易的唯一账簿管理人。FBS Global, which provides interior design and decoration services in Singapore, raised the proposed transaction size of the upcoming IPO on Tuesday.
According to the Zhītōng Cáijīng mobile application, FBS Global (FBGL.US), which provides interior design and decoration services in Singapore, increased the proposed transaction size of its upcoming IPO on Tuesday. The Singapore-based company now plans to issue 2.3 million shares of stock at a price of $4.50-5.00 per share, raising $11 million. The previously proposed price range was $4.00-5.00 per share, with 1.9 million shares of stock to be issued. Based on the midpoint of the adjusted valuation range, FBS Global will raise 27% more funds than previously expected and will have a market cap of $64 million.
FBS Global states that it is a mature interior design and decoration expert in Singapore. Its services include design, supply, and installation of ceilings, partitions, wooden floors, carpets, lead linings, soundproof wall panels, built-in furniture, carpentry, and mechanical and electrical services. The company also undertakes major construction projects.
FBS Global was founded in 1996, and its revenue for the 12 months ending June 30, 2023 was $13 million. The company plans to list on the NASDAQ under the stock code "FBGL". WallachBeth Capital is the only lead underwriter for this transaction.