The IPO Buzz: Smart Digital Group Limited (SDG) Jumps in its NASDAQ Debut

Smart Digital Group Limited (SDG) popped in its NASDAQ debut today – Friday, May 2, 2025 – with its stock jumping to $5.45 – up $1.45 from its $4.00 IPO price – at 10:20 a.m. EDT, according to NASDAQ. Volume on the opening trade totaled 57,768 shares. Smart Digital Group Limited, the Singapore holding company of an Internet marketing and events planning business, priced its small IPO at $4.00 – the low end of its $4.00-to-$6.00 price range – and sold 1.5 million shares – the number of shares in the prospectus – to raise $6.0 million on Thursday, night, May 1, 2025.

US Tiger Securities was the sole book-runner. 

“Through our operating subsidiaries, we provide Internet media services such as developing marketing strategies and designing marketing content; event planning and execution services; business planning and consulting services, and software customization and marketing services,” Smart Digital Group Limited said in the prospectus.

The company is profitable: Smart Digital Group Limited (SDG) earned net income of $1.7 million on revenue of $21.52 million (in U.S. dollars) for the fiscal year that ended Sept. 30, 2024, according to the prospectus.

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