Sagtec Global Limited Announces Closing of Initial Public Offering

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 Offering was conducted pursuant to the Company’s registration statement on Form F-1 related to the Offering, as amended (File No.333-284053), which was filed with the United States Securities and Exchange Commission (the "SEC”) and was declared effective on March 6, 2025.

Electronic copies of the final prospectus relating to the Offering may be obtained by visiting the SEC’s website located at or by contacting: The Benchmark Company, LLC, 150 E.58th St., 17th Floor, New York, NY 10155, by telephone at +1 212-312-6700 or by email at Prospectus@benchmarkcompany.com.

Read Quick SummarySave Time

or

Article Details

Author / Journalist: Sagtec Global Limited

Category: Technology

Markets: ChinaMalaysiaUnited States

Topics: TEMP12345678 Nasdaq:SAGT

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-03-10 @ 20:10:00 (11 hours ago)

News Timezone: GMT +8:00

News Source URL: globenewswire.com

Language: English

Article Length: 407 words

Reading Time: 3 minutes read

Sentences: 14 lines

Sentence Length: 30 words per sentence (average)

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

Copyright Owner: © GlobeNewswire

News ID: 26862224

View Article Analysis

About GlobeNewswire

Main Topics: Technology

Official Website: globenewswire.com

Update Frequency: 78 posts per day

Year Established: 1998

Headquarters: China

News Last Updated: 9 hours ago

Coverage Areas: China

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: #116

Publisher Details

Frequently Asked Questions