Davis Commodities Limited (the “Company”), an agricultural commodity trading company that specializes in trading sugar, rice, and oil and fat products, on September 21, 2023 announced the closing of its initial public offering (the “Offering”) of 1,250,625 ordinary shares at a public offering price of US$4.00 per ordinary share, including 163,125 ordinary shares issued pursuant to the full exercise of the underwriters’ over-allotment option. The ordinary shares began trading on the Nasdaq Capital Market on September 19, 2023 under the ticker symbol “DTCK.”
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Nature Wood Group Limited, a British Virgin Islands company, announced today the closing of its initial public offering and the sale of 750,000 American Depositary Shares (“ADS”), at a price of US$9 per ADS, for aggregate gross proceeds of approximately $6,750,000.