Republic Power Group Ltd. (Revived)
General Information | |
Business: | Note: Republic Power Group Ltd. revived its IPO plans in an F-1 filing dated July 1, 2025, with Bancroft Capital as the sole underwriter and no terms. This is a NASDAQ listing. This new IPO plan by Republic Power Group followed its withdrawal last fall – on Oct. 31, 2024 – of its previous IPO plan that began in late July 2022 and ended with the October 2024 withdrawal of a deal that Prime Number Capital had been set to run.We are a provider of customized software development services, technology solutions, consulting and technical support services, and peripheral hardware to large and small to medium corporate clients and government agencies based in Singapore and Indonesia, including but not limited to airports, cruise terminals, technology companies, and law enforcement agencies. Our customized software provides clients with real-time monitoring, efficient resources allocation, planning surveillance and threat detection. (Incorporated in the British Virgin Islands)**Note: Net loss and revenue are in U.S. dollars for the year ended June 30, 2023.
(Note: Republic Power Group Ltd. revived its IPO plans in a new F-1 filing dated July 1, 2025, with Bancroft Capital as the sole underwriter and no terms. This is a NASDAQ listing. This new IPO plan replaces its previous IPO filing, which was withdrawn on Oct. 31, 2024; that deal was a proposed CBOE BZX listing and a $13.2 million deal with Prime Number Capital as the sole book-runner. The company has not updated its financial information since 2023.)(Background – Old Deal: Republic Power Group Ltd. changed the size of its IPO again, according to an F-1/A filing dated March 14, 2024: The IPO now consists of 2.4 million shares – 1.2 million shares by the company and 1.2 million shares offered by a selling stockholder – at a price range of $5.00 to $6.00 – to raise $13.2 million. The amount of estimated IPO proceeds represents an increase from some recent iterations of this IPO. Republic Power Group Ltd. also changed its listing venue to the CBOE BZX – a shift from the NASDAQ. Background – Original Terms – Old Deal: Republic Power Group disclosed the terms for its IPO in an F-1/A filing dated Sept. 8, 2022: 3.0 million ordinary shares at $4.00 to $6.00 to raise $15 million in a proposed NASDAQ listing with Univest Securities as the sole book-runner. Republic Power Group filed an F-1/A on Aug. 9, 2022, but no IPO terms were set. Republic Power Group Ltd. filed its F-1 on July 21, 2022. The company filed confidential IPO paperwork on March 18, 2022.) |
Industry: | SERVICES-PREPACKAGED SOFTWARE |
Employees: | 22 |
Founded: | 2015 |
Contact Information | |
Address | 158 Kallang Way #06-08 Singapore, Republic of Singapore S349245 |
Phone Number | +65 6908 9825 |
Web Address | https://republicpower.net/ |
View Prospectus: | Republic Power Group Ltd. (Revived) |
Financial Information | |
Market Cap | $94.6mil |
Revenues | $3.71 mil (last 12 months) |
Net Income | $-0.15 mil (last 12 months) |
IPO Profile | |
Symbol | RPGL |
Exchange | NASDAQ |
Shares (millions): | 0.0 |
Price range | $0.00 - $0.00 |
Est. $ Volume | $12.0 mil |
Manager / Joint Managers | Bancroft Capital |
CO-Managers | |
Expected To Trade: | |
Status: | TBA |
Quiet Period Expiration Date: | Available only to Subscribers |
Lock-Up Period Expiration Date: | Available only to Subscribers |
SCOOP Rating | Available only to Subscribers |
Rating Change | Available only to Subscribers |