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Singapore-based proptech Ohmyhome Limited (OMH) has raised $15M in initial funding for the US market.
Ohmyhome said in a filing that it plans to offer 3.3M shares at a price between $4 and $5 per share, which. he would raise $15M as his mid-range value.
Incorporated in the Cayman Islands, Ohmyhome operates a “one-stop-shop” platform in Singapore and Malaysia that offers businesses, listings, rental referrals, home renovations, real estate, legal services and insurance.
The company hopes to list its shares on the Nasdaq under the symbol OMH. Spartan Capital Securities is acting as bookrunner.
For the six months ended June 30, Ohmyhome reported a net loss of $627K on revenue of $2.4M.
Singapore-based Prime Skyline (PSE), which provides envelope-building services in Southeast Asia, is also seeking US listings. The company raised funds in September for an $18M IPO.
