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Simpple Ltd. ( (SPPL) ) has shared an announcement.
On December 1, 2025, Simpple Ltd. entered into securities purchase agreements with seven investors for a private placement of its ordinary shares, and the transaction closed on December 31, 2025. The company raised approximately $2.1 million through the issuance of 913,040 ordinary shares at a per-share purchase price of $2.30, under customary terms and indemnification provisions, reinforcing its capital position via an unregistered offering structured under exemptions from U.S. registration requirements and signaling continued reliance on private equity financing to support its operations and growth plans.
More about Simpple Ltd.
Simpple Ltd., a Cayman Islands company with principal executive offices in Singapore, is a foreign private issuer listed in the United States and issues ordinary shares with a par value of $0.0008 per share. The company accesses U.S. capital markets and utilizes private placements of equity securities to raise funds from institutional and other accredited investors under U.S. securities law exemptions.
Average Trading Volume: 5,807
Technical Sentiment Signal: Hold
Current Market Cap: $20.71M
For an in-depth examination of SPPL stock, go to TipRanks’ Overview page.