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Concorde International Group Ltd. Class A ( (CIGL) ) has provided an update.
On May 2, 2025, Concorde International Group Ltd. announced the full exercise of the over-allotment option by its underwriter, resulting in the purchase of an additional 187,500 Class A ordinary shares at $4.00 per share. This action increased the total shares sold in the company’s initial public offering to 1,437,500, with gross proceeds rising to $5,750,000. The company’s shares began trading on the Nasdaq Capital Market on April 22, 2025, under the ticker symbol ‘CIGL’.
More about Concorde International Group Ltd. Class A
Concorde International Group Limited, based in Singapore, specializes in integrated security solutions and facilities management services. Established in 1997, the company has evolved from traditional security services to a technology-driven approach, employing advanced systems like CCTV, sensors, and mobile command vehicles to enhance operational efficiency.
Average Trading Volume: 308,007
Learn more about CIGL stock on TipRanks’ Stock Analysis page.