Rectitude holdings ltd announces closing of $8 million initial public offering

Singapore, june 24, 2024 (globe newswire) -- rectitude holdings ltd (the “company” or “rectitude”), a singapore-based provider of safety equipment and related industrial products, today announced the closing of its initial public offering (the “offering”) of 2,000,000 ordinary shares at a public offering price of $4.00 per ordinary share, for total gross proceeds of $8,000,000, before deducting underwriting discounts, commissions, and other related expenses.
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