Concorde international group announces closing of $5,000,000 initial public offering

Singapore, april 23, 2025 (globe newswire) -- concorde international group ltd. (nasdaq: cigl) (“concorde” or the “company”), an integrated security services provider that combines physical manpower and innovative technology to deliver effective security solutions, today announced the closing of its initial public offering (the "offering") of 1,250,000 class a ordinary shares (the "class a ordinary shares") at a public offering price of us$4.00 per share for total gross proceeds of us$5.0 million, before deducting underwriting discounts and other offering expenses. the offering closed on april 23, 2025 and the class a ordinary shares began trading on nasdaq capital market on april 22, 2025, under the ticker symbol "cigl."
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