- Wednesday, October 16, 2024
Roma Green Finance has revealed its plans for an initial public offering (IPO), with the intention of sizing the offering at 2,449,943 ordinary shares. Additionally, a selling shareholder is expected to offer 625,517 shares.
Initially, the company had projected to offer 2,458,155 shares, while the selling shareholder would offer 546,257 shares. However, these figures have been adjusted.
The IPO price range is set between $4 and $5 per share. It's important to note that Roma Green Finance will not be receiving any proceeds from the shares sold by the selling shareholder.
Roma Green's main objective is to provide comprehensive sustainability and climate change-related consulting services, positioning itself as a one-stop destination for high-quality and holistic solutions.
As a holding company, Roma Green operates through its subsidiaries in various locations. Its subsidiary, Roma Risk Advisory Limited, is incorporated in Hong Kong, while Roma Advisory Pte. Ltd. is incorporated in Singapore. The parent company is incorporated in the Cayman Islands.
To further solidify its presence in the market, Roma Green intends to apply for listing on the Nasdaq Capital Market. If approved, it will trade under the symbol ROMA.
Spartan Capital Securities has been appointed as the underwriter for the IPO.
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