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Republic Power Group (Nasdaq: RPGL) closed its initial public offering on October 15, 2025, registering 2,120,000 Class A ordinary shares at US$4.00 per share.
The Company sold 1,250,000 shares and selling shareholders sold 870,000. The Company received aggregate gross proceeds of US$5.0 million; selling shareholders received US$3.48 million, before underwriting discounts and expenses. Class A shares began trading on the Nasdaq Capital Market on October 14, 2025 under the symbol RPGL.
Net proceeds are planned for research and development, marketing and branding, capital expenditures, recruitment and possible future acquisitions. The SEC declared the Form F-1 effective on September 30, 2025. Bancroft Capital acted as lead managing underwriter.
Republic Power Group (NASDAQ:RPGL) priced its initial public offering of 2,120,000 Class A ordinary shares at $4.00 per share, with 1,250,000 shares offered by the company and 870,000 by selling shareholders.
The Class A shares are approved to list on the Nasdaq Capital Market and are expected to begin trading on October 14, 2025. The company expects aggregate gross proceeds of $5.0 million before underwriting discounts and expenses; selling shareholders expect $3.48 million. The offering is expected to close on or about October 15, 2025.
Net proceeds are planned for R&D, marketing, capital expenditures, recruitment and possible future acquisitions. Bancroft Capital is lead managing underwriter.
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