Smart Digital Group Limited Announces Closing of Initial Public Offering - Thailand PR News - [Banking](https://thailandbusinessnews.net/category/banking/) - [Companies](https://thailandbusinessnews.net/category/companies/) - [Economy](https://thailandbusinessnews.net/category/economy/) - [Press Releases](https://thailandbusinessnews.net/category/press-release/) - [PR Newswire](https://thailandbusinessnews.net/pr-newswire-updates/) - [Tech](https://thailandbusinessnews.net/category/tech/) - [Tourism](https://thailandbusinessnews.net/category/tourism/) - [Press Release](https://thailandbusinessnews.net/category/press-release/) # Smart Digital Group Limited Announces Closing of Initial Public Offering ##### Up next ###### [Innovent Announces Oral Presentation of Full Phase 2 Clinical Data for Efdamrofusp Alfa (IBI302), First-in-class anti-VEGF/complement Bispecific Fusion Protein at ARVO 2025](https://thailandbusinessnews.net/press-release/innovent-announces-oral-presentation-of-full-phase-2-clinical-data-for-efdamrofusp-alfa-ibi302-first-in-class-anti-vegf-complement-bispecific-fusion-protein-at-arvo-2025/) Published on 06 May 2025 ##### Author ##### [ CISION PRNewswire ](https://thailandbusinessnews.net/author/cision/) ##### Tags - [PRNewswire](https://thailandbusinessnews.net/tag/prnewswire/) SINGAPORE, May 6, 2025 /PRNewswire/ – Smart Digital Group Limited (the "Company") (Nasdaq: SDM), a digital marketing service provider in Singapore, today announced the closing of its initial public offering (the "Offering") of 1,500,000 ordinary shares, par value $0.001 per share ("Ordinary Shares"), at a public offering price of US$4.00 per share. The Company received aggregate gross proceeds of US$6.0 million from the Offering, before deducting underwriting discounts and other related expenses. In addition, the Company granted the underwriters a 45-day option to purchase up to an additional 225,000 Ordinary Shares at the public offering price, less underwriting discounts. The Ordinary Shares began trading on the Nasdaq Capital Market on May 2, 2025 under the ticker symbol "SDM." Proceeds from the Offering will be used for business expansion, brand promotion and marketing, software development, and for working capital and other general corporate purposes. The Offering is being conducted on a firm commitment basis. US Tiger Securities, Inc. is acting as the sole book-runner for the Offering. Hunter Taubman Fischer & Li LLC is acting as counsel to the Company, and VCL Law LLP is acting as counsel to the underwriters in connection with the Offering. A registration statement on Form F-1 relating to the Offering was filed with the Securities and Exchange Commission (the "SEC") (File Number: 333-283152) and was declared effective by the SEC on May 1, 2025. The Offering is being made only by means of a prospectus, forming a part of the registration statement. Copies of the final prospectus relating to the Offering may be obtained from US Tiger Securities, Inc. by email at , by calling +1 646-978-5188, or by standard mail to 437 Madison Avenue, 27th Floor, New York, New York 10022. In addition, a copy of the prospectus relating to the Offering may be obtained via the SEC’s website at [www.sec.gov.](http://www.sec.gov./) Before you invest, you should read the prospectus and other documents the Company has filed or will file with the SEC for more complete information about the Company and the Offering. This press release does not constitute an offer to sell, or the solicitation of an offer to buy any of the Company’s securities, nor shall such securities be offered or sold in the United States absent registration or an applicable exemption from registration, nor shall there be any offer, solicitation or sale of any of the Company’s securities in any state or jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of such state or jurisdiction. About Smart Digital Group Limited Smart Digital Group Limited is a digital marketing service provider headquartered in Singapore. The Company provides event planning and execution services, internet media services, software customization and marketing services and business planning and consulting services. For more information, visit the Company’s website at [http://www.sdmmeta.com/.](http://www.sdmmeta.com/) Forward-Looking Statements All statements other than statements of historical fact in this announcement are forward-looking statements, including but not limited to, the Company’s proposed Offering. These forward-looking statements involve known and unknown risks and uncertainties and are based on current expectations and projections about future events and financial trends that the Company believes may affect its financial condition, results of operations, business strategy, and financial needs, including the expectation that the Offering will be successfully completed. Investors can identify these forward-looking statements by words or phrases such as "may," "will," "expect," "anticipate," "aim," "estimate," "intend," "plan," "believe," "potential," "continue," "is/are likely to," or other similar expressions. The Company undertakes no obligation to update forward-looking statements to reflect subsequent occurring events or circumstances, or changes in its expectations, except as may be required by law. Although the Company believes that the expectations expressed in these forward-looking statements are reasonable, it cannot assure you that such expectations will turn out to be correct, and the Company cautions investors that actual results may differ materially from the anticipated results and encourages investors to review other factors that may affect its future results in the Company’s registration statement and in its other filings with the SEC. [Source link ](https://www.prnasia.com/story/archive/4679948_CN79948_0?rand=89749) ``` This content was prepared by our news partner, Cision PR Newswire. The opinions and the content published on this page are the author’s own and do not necessarily reflect the views of Siam News Network ``` ##### You May Also Like [](https://thailandbusinessnews.net/press-release/leading-the-k-pet-trend-korean-pet-brand-bremen-premium-roasted-hwangtae-snack-for-pets-and-owners-launches-on-makuake-december-10/) ![Leading the K-PET Trend: Korean Pet Brand 'Bremen' Premium Roasted Hwangtae Snack for Pets and Owners Launches on Makuake December 10](https://i0.wp.com/mma.prnasia.com/media2/2833547/1.jpg?resize=260%2C140&ssl=1 "Leading the K-PET Trend: Korean Pet Brand 'Bremen' Premium Roasted Hwangtae Snack for Pets and Owners Launches on Makuake December 10") - [Press Release](https://thailandbusinessnews.net/category/press-release/) ## Leading the K-PET Trend: Korean Pet Brand 'Bremen' Premium Roasted Hwangtae Snack for Pets and Owners Launches on Makuake December 10 SEOUL, South Korea, Dec. 10, 2025 /PRNewswire/ — Bremen Co., Ltd., a leading… - [CISION PRNewswire](https://thailandbusinessnews.net/author/cision/ "View all posts by CISION PRNewswire") - December 10, 2025 [](https://thailandbusinessnews.net/press-release/banyan-group-releases-2025-sustainability-report-marking-20-years-of-reporting-and-100-property-milestone/) ![Banyan Group Releases 2025 Sustainability Report, Marking 20 Years of Reporting and 100-Property Milestone](https://i0.wp.com/mma.prnasia.com/media2/2963191/Banyan_Group_2025_Sustainability_Report_Highlights.jpg?resize=260%2C140&ssl=1 "Banyan Group Releases 2025 Sustainability Report, Marking 20 Years of Reporting and 100-Property Milestone") - [Press Release](https://thailandbusinessnews.net/category/press-release/) ## Banyan Group Releases 2025 Sustainability Report, Marking 20 Years of Reporting and 100-Property Milestone Report sets out the Group’s next chapter, with its first double materiality… - [CISION PRNewswire](https://thailandbusinessnews.net/author/cision/ "View all posts by CISION PRNewswire") - April 22, 2026 [](https://thailandbusinessnews.net/press-release/cistto-founder-li-an-we-deliver-unique-products-to-enhance-the-skincare-experience-for-north-american-consumers/) ![Cistto Founder Li An: 'We Deliver Unique Products to Enhance the Skincare Experience for North American Consumers'](https://i0.wp.com/r2.thailandbusinessnews.net/2024/11/Cistto_Gentle_Skincare_Modern_Traveler.jpg?resize=260%2C140&ssl=1 "Cistto Founder Li An: 'We Deliver Unique Products to Enhance the Skincare Experience for North American Consumers'") - [Press Release](https://thailandbusinessnews.net/category/press-release/) ## Cistto Founder Li An: 'We Deliver Unique Products to Enhance the Skincare Experience for North American Consumers' LOS ANGELES, Nov. 26, 2024 /PRNewswire/ — Cistto, a cutting-edge brand dedicated… - [CISION PRNewswire](https://thailandbusinessnews.net/author/cision/ "View all posts by CISION PRNewswire") - November 25, 2024 ##### Most Read - [![Dragonpass: AI Is Shifting the Membership Economy from Perks Redemption to Personalized Experiences](https://secure.gravatar.com/avatar/96e712b5408b51145de772098c3ff3417ce8a11555b7c388d84204c5769f5631?s=40&d=blank&r=g)](https://thailandbusinessnews.net/press-release/dragonpass-ai-is-shifting-the-membership-economy-from-perks-redemption-to-personalized-experiences/ "Dragonpass: AI Is Shifting the Membership Economy from Perks Redemption to Personalized Experiences") [Dragonpass: AI Is Shifting the Membership Economy from Perks Redemption to Personalized Experiences](https://thailandbusinessnews.net/press-release/dragonpass-ai-is-shifting-the-membership-economy-from-perks-redemption-to-personalized-experiences/ "Dragonpass: AI Is Shifting the Membership Economy from Perks Redemption to Personalized Experiences") - [![Sumsub Agentic AI Council Launches in APAC and Invites Experts to Advance Trusted AI Adoption](https://secure.gravatar.com/avatar/96e712b5408b51145de772098c3ff3417ce8a11555b7c388d84204c5769f5631?s=40&d=blank&r=g)](https://thailandbusinessnews.net/press-release/sumsub-agentic-ai-council-launches-in-apac-and-invites-experts-to-advance-trusted-ai-adoption/ "Sumsub Agentic AI Council Launches in APAC and Invites Experts to Advance Trusted AI Adoption") [Sumsub Agentic AI Council Launches in APAC and Invites Experts to Advance Trusted AI Adoption](https://thailandbusinessnews.net/press-release/sumsub-agentic-ai-council-launches-in-apac-and-invites-experts-to-advance-trusted-ai-adoption/ "Sumsub Agentic AI Council Launches in APAC and Invites Experts to Advance Trusted AI Adoption") - [![HiBy Officially Unveils Cyberpunk 2077 Collaboration Products](https://secure.gravatar.com/avatar/96e712b5408b51145de772098c3ff3417ce8a11555b7c388d84204c5769f5631?s=40&d=blank&r=g)](https://thailandbusinessnews.net/press-release/hiby-officially-unveils-cyberpunk-2077-collaboration-products/ "HiBy Officially Unveils Cyberpunk 2077 Collaboration Products") [HiBy Officially Unveils Cyberpunk 2077 Collaboration Products](https://thailandbusinessnews.net/press-release/hiby-officially-unveils-cyberpunk-2077-collaboration-products/ "HiBy Officially Unveils Cyberpunk 2077 Collaboration Products") - [![Nel ASA: Receives purchase order from Collins Aerospace for US Navy stacks](https://secure.gravatar.com/avatar/96e712b5408b51145de772098c3ff3417ce8a11555b7c388d84204c5769f5631?s=40&d=blank&r=g)](https://thailandbusinessnews.net/press-release/nel-asa-receives-purchase-order-from-collins-aerospace-for-us-navy-stacks/ "Nel ASA: Receives purchase order from Collins Aerospace for US Navy stacks") [Nel ASA: Receives purchase order from Collins Aerospace for US Navy stacks](https://thailandbusinessnews.net/press-release/nel-asa-receives-purchase-order-from-collins-aerospace-for-us-navy-stacks/ "Nel ASA: Receives purchase order from Collins Aerospace for US Navy stacks") - [![Oracle Unveils Fusion Claw + Expands Agentic Applications: NYSE Content Update](https://secure.gravatar.com/avatar/96e712b5408b51145de772098c3ff3417ce8a11555b7c388d84204c5769f5631?s=40&d=blank&r=g)](https://thailandbusinessnews.net/press-release/oracle-unveils-fusion-claw-expands-agentic-applications-nyse-content-update/ "Oracle Unveils Fusion Claw + Expands Agentic Applications: NYSE Content Update") [Oracle Unveils Fusion Claw + Expands Agentic Applications: NYSE Content Update](https://thailandbusinessnews.net/press-release/oracle-unveils-fusion-claw-expands-agentic-applications-nyse-content-update/ "Oracle Unveils Fusion Claw + Expands Agentic Applications: NYSE Content Update") - [![Acer Announces Q2'26 Net Income at NT$2.17 Billion, Highest Quarter Post Pandemic; Up 100.2% Year-on-year](https://secure.gravatar.com/avatar/96e712b5408b51145de772098c3ff3417ce8a11555b7c388d84204c5769f5631?s=40&d=blank&r=g)](https://thailandbusinessnews.net/press-release/acer-announces-q226-net-income-at-nt2-17-billion-highest-quarter-post-pandemic-up-100-2-year-on-year/ "Acer Announces Q2'26 Net Income at NT$2.17 Billion, Highest Quarter Post Pandemic; Up 100.2% Year-on-year") [Acer Announces Q2'26 Net Income at NT$2.17 Billion, Highest Quarter Post Pandemic; Up 100.2% Year-on-year](https://thailandbusinessnews.net/press-release/acer-announces-q226-net-income-at-nt2-17-billion-highest-quarter-post-pandemic-up-100-2-year-on-year/ "Acer Announces Q2'26 Net Income at NT$2.17 Billion, Highest Quarter Post Pandemic; Up 100.2% Year-on-year") ##### Subscribe via Email Enter your email address to subscribe and receive notifications of new posts by email. Email Address Subscribe [](https://thailandbusinessnews.net/press-release/hotel-royal-hoi-an-the-legacy-by-the-river-named-vietnams-leading-riverfront-hotel-2026-at-the-world-travel-awards/) ![Hotel Royal Hoi An – The Legacy By The River named Vietnam's Leading Riverfront Hotel 2026 at the World Travel Awards](https://i0.wp.com/mmx.prnasia.com/media/MS1999389/20260930002128EDT_image_2.jpg?resize=260%2C140&ssl=1 "Hotel Royal Hoi An – The Legacy By The River named Vietnam's Leading Riverfront Hotel 2026 at the World Travel Awards") ## Hotel Royal Hoi An – The Legacy By The River named Vietnam's Leading Riverfront Hotel 2026 at the World Travel Awards HOI AN, Vietnam, Sept. 30, 2026 /PRNewswire/ — Hotel Royal Hoi An… [](https://thailandbusinessnews.net/press-release/eqt-to-sell-acuon-group-a-leading-korean-independent-financial-platform/) ## EQT to sell Acuon Group, a Leading Korean Independent Financial Platform EQT has agreed to sell Acuon Group to a consortium led by… [](https://thailandbusinessnews.net/press-release/superx-introduces-aiic-2-0-adding-model-as-a-service-maas-at-the-ai-innovation-centre-in-singapore/) ## SuperX Introduces AIIC 2.0, Adding Model as a Service (MaaS) at the AI Innovation Centre in Singapore Upgrade adds locally deployed model services at the AI Innovation Centre, which… [](https://thailandbusinessnews.net/press-release/priority-pass-celebrates-the-people-and-pioneers-shaping-the-future-of-airport-experiences/) ## Priority Pass Celebrates the People and Pioneers Shaping the Future of Airport Experiences 2026 Priority Pass Excellence Awards recognise three All Star of the Year…