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Ohmyhome Limited Ordinary Shares - OMH STOCK NEWS

Welcome to our dedicated page for Ohmyhome Ordinary Shares news (Ticker: OMH), a resource for investors and traders seeking the latest updates and insights on Ohmyhome Ordinary Shares stock.

Ohmyhome Limited Ordinary Shares (symbol: OMH) represents a leading property technology company based in Singapore. Ohmyhome Ltd specializes in providing a comprehensive, one-stop-shop property platform that offers end-to-end property solutions and services. Through its subsidiaries, the company delivers a wide range of services including brokerage services, home renovation, furnishing services, listing and research, mortgage referral, legal services, and insurance referral services.

Ohmyhome Ltd is driven by data and technology, allowing it to streamline property transactions and enhance customer experience. The company derives its revenues from two primary sources: brokerage services and property management services, as well as emerging and other services.

Recent achievements include the integration of new revenue streams and IoT integrations, positioning Ohmyhome as a key player in the property technology sector. The development of a Property SuperApp foresees significant growth, providing users with a seamless and integrated platform for all their property needs.

Ohmyhome continues to foster strategic partnerships and actively engages in innovative projects that enhance its service offerings and expand its market reach. The company is committed to maintaining a solid financial condition while exploring new opportunities for growth and expansion.

For more information, investors can contact Skyline Corporate Communications Group, LLC. Connect with Ohmyhome through their Investor Relations Website or follow their social media channels for the latest updates.

News

Ohmyhome Announces Closing of Upsized $4.8 Million Public Offering of Ordinary Shares

Rhea-AI Summary
Ohmyhome Ltd. (OMH) successfully closed an upsized public offering of 3,555,555 ordinary shares at $1.35 per share, raising approximately $4.8 million. Maxim Group LLC served as the placement agent. The offering was made under a registration statement declared effective by the SEC on February 13, 2024.
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Ohmyhome Announces Pricing of Upsized $4.8 Million Public Offering of Ordinary Shares

Rhea-AI Summary
Ohmyhome Ltd. (OMH) announces the pricing of its upsized public offering of 3,555,555 ordinary shares at $1.35 per share, expecting gross proceeds of around $4.8 million. The offering is set to close on February 16, 2024, with Maxim Group LLC as the sole placement agent. The securities are offered under a registration statement declared effective by the SEC.
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-41.15%
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Ohmyhome Announces Growth Updates Following Successful Acquisition of Property Management Business Simply Sakal

Rhea-AI Summary
Ohmyhome Ltd. (NASDAQ: OMH) announces significant developments and milestones following its acquisition of Simply Sakal Pte. Ltd. The acquisition has expanded Ohmyhome's service offerings and established a strong position in the condominium property management sector in Singapore. The property management business has historically grown at a 57% CAGR, achieving revenue of $2.0 million in 2022 with 4,648 units under management. The integration of services and potential synergies are expected to result in lower cost of customer acquisition and new revenue streams. Ohmyhome Property Management has also introduced Vehicle Management Systems for condominiums as a new SaaS revenue source through IoT solutions. The post-acquisition phase marks the beginning of a new era for Ohmyhome, propelling the growth of the combined company to become a property SuperApp.
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5.88%
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Ohmyhome Partners with SG Alliance to Extend Home-related Insurance to Homeowners and Home Buyers

Rhea-AI Summary
Ohmyhome Ltd. (OMH) announces a strategic partnership with SG Alliance Pte. Ltd. to provide comprehensive insurance solutions and property services in Singapore. The partnership aims to bring Ohmyhome's services to SG Alliance's clients and cater to the needs of homeowners and homebuyers. The event held by SG Alliance unveiled collaborative partnership initiatives with the participation of over 200 representatives.
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2.04%
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Shaping Tomorrow's Leaders: Ohmyhome and RCN Host Inaugural Convocation for Real Estate Professionals

Rhea-AI Summary
Ohmyhome Ltd. (OMH) collaborates with Real Centre Network to host RCN Convocation 2024, celebrating over 100 newly-minted real estate salespersons. The event was sponsored by industry-leading organizations and brought together key figures from Singapore's top agencies, providing practical tips and personal advice on navigating the real estate landscape.
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Ohmyhome and Webuy Announce Strategic Collaboration to Cross-Sell Products and Services Across Singapore

Rhea-AI Summary
Ohmyhome Ltd. (OMH) and Webuy Global Ltd. (WBUY) announced a strategic collaboration to cross-sell their respective products and services across Singapore. The collaboration includes integrating Ohmyhome's property listings into Webuy communities, offering Webuy's 'group buy' services to Ohmyhome's homeowners, and offline expansion support for Webuy's plans to open 100 offline stores in Singapore.
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4.28%
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Ohmyhome Ltd. Announces Acquisition of Simply Sakal, a Leading Singapore Tech-Enabled Property Management Company, Creating Property “Super App”

Rhea-AI Summary
Ohmyhome acquires Simply Sakal, a leading property management company in Singapore, for S$4.7 million. The transaction is expected to enhance Ohmyhome's technology and service offerings, leading to revenue growth and positive EBITDA in the future.
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1.89%
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Ohmyhome Reports First Half 2023 Results and Is Geared For 3X Growth in 2024

Rhea-AI Summary
Ohmyhome achieves S$2.2 million revenue in 1H 2023, partners with a US portal for cross border transactions between USA and SouthEast Asia, geared for 3X Growth in 2024 and a positive EBITDA in 2025
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Ohmyhome Announces Partnership to Bring Southeast Asia Properties Globally and Connect International Properties with eMediaLinks, An Exclusive Partner with House.sina in North America and Weibo North America

Rhea-AI Summary
Ohmyhome partners with eMediaLinks to expand property marketing in Southeast Asia and the USA
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3.86%
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Ohmyhome Ltd to Present at the LD Micro Main Event XVI

Rhea-AI Summary
Ohmyhome Ltd (NASDAQ: OMH) will be presenting at the 16th annual Main Event on October 3rd at 12:00 PM PT. The event will feature around 200 companies presenting in half-hour increments.
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FAQ

What is the current stock price of Ohmyhome Ordinary Shares (OMH)?

The current stock price of Ohmyhome Ordinary Shares (OMH) is $0.36 as of November 4, 2024.

What is the market cap of Ohmyhome Ordinary Shares (OMH)?

The market cap of Ohmyhome Ordinary Shares (OMH) is approximately 8.3M.

What services does Ohmyhome Ltd offer?

Ohmyhome Ltd offers brokerage services, home renovation, furnishing services, listing and research, mortgage referral, legal services, and insurance referral services.

Where is Ohmyhome Ltd based?

Ohmyhome Ltd is based in Singapore.

How does Ohmyhome Ltd generate revenue?

The company generates revenue from brokerage services, property management services, and emerging and other services.

What is the Ohmyhome Property SuperApp?

The Property SuperApp is an integrated platform developed by Ohmyhome that offers comprehensive property solutions and services.

Who can I contact for investor relations information?

Investors can contact Skyline Corporate Communications Group, LLC, specifically Scott Powell, President at (646) 893-5835 x2.

What recent achievements has Ohmyhome Ltd accomplished?

Ohmyhome Ltd has integrated new revenue streams and IoT integrations, and developed a Property SuperApp anticipating significant growth.

How can I stay updated with the latest news from Ohmyhome?

You can follow Ohmyhome on their social media channels or subscribe to news alerts via their Investor Relations Website.

What distinguishes Ohmyhome Ltd from other property technology companies?

Ohmyhome Ltd stands out due to its data and technology-driven approach, providing a comprehensive, one-stop-shop property platform with end-to-end solutions.

What are Ohmyhome Ltd's main goals?

Ohmyhome Ltd aims to enhance customer experience, streamline property transactions, and lead in the property technology sector by exploring new growth opportunities.

What strategic partnerships does Ohmyhome Ltd have?

Ohmyhome Ltd engages in various strategic partnerships to enhance its service offerings and expand its market reach.

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Ohmyhome Limited Ordinary Shares

Nasdaq:OMH

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OMH Stock Data

8.30M
22.78M
49.15%
0.98%
1.92%
Real Estate Services
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United States of America
Singapore