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Smart Digital Group Raises $900,000 from Over-Allotment Option

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Smart Digital Group Raises $900,000 from Over-Allotment Option

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Smart Digital Group Limited ( (SDM) ) just unveiled an update.

On May 7, 2025, Smart Digital Group Limited successfully closed the sale of an additional 225,000 ordinary shares at $4.00 per share, following the full exercise of the over-allotment option linked to its initial public offering. This transaction resulted in raising an additional $900,000 in gross proceeds, which is expected to enhance the company’s financial standing and market presence.

More about Smart Digital Group Limited

Average Trading Volume: 1,841,912

For detailed information about SDM stock, go to TipRanks’ Stock Analysis page.

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