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SAG Holdings (Nasdaq: SAG) announced that its subsidiary Filtec has completed implementing automation technology at its distribution center. The company, which provides OEM and branded replacement parts for motor vehicles and non-vehicle combustion engines, has integrated advanced robotics and digital solutions to enhance operational efficiency. The automation has significantly improved productivity, reducing an eight-hour task to just two and a half hours.
SAG Holdings (Nasdaq: SAG) has completed its initial public offering, raising $7 million in gross proceeds through the sale of 875,000 ordinary shares at $8.00 per share. Trading of the shares commenced on the Nasdaq Capital Market on October 23, 2024, under the symbol 'SAG'. The Singapore-based company specializes in manufacturing OEM, third-party branded, and in-house branded replacement parts for motor vehicles and non-vehicle combustion engines. Wilson-Davis & Co. served as the lead underwriter for the offering, which was conducted following SEC approval of the company's Form F-1 registration statement.
SAG Holdings (Nasdaq: SAG), a Singapore-based provider of high-quality OEM, third-party branded, and in-house branded replacement parts for motor vehicles and non-vehicle combustion engines, has announced the pricing of its initial public offering. The company is offering 875,000 ordinary shares at $8.00 per share, aiming to raise $7,000,000 in gross proceeds. Trading of SAG's ordinary shares on the Nasdaq Capital Market is set to begin on October 23, 2024, under the symbol 'SAG'.
Wilson-Davis & Co., Inc. is acting as the lead underwriter for the offering. The SEC has declared effective a registration statement on Form F-1 related to the offering. Interested investors can obtain copies of the final prospectus from Wilson-Davis & Co., Inc. or via the SEC's website.
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