Nanofilm Technologies, the home-grown nanotechnology solutions provider, has launched its initial public offering (IPO) on the Mainboard of the Singapore Exchange Securities Trading (SGX-ST) on Oct 23, making it the first of its kind in the industry to list on SGX-ST.

The company’s IPO saw 77,236,200 shares launched at $2.59 each.

Of the shares, the company will hold an international placement of 73,374,300 offering shares to investors – including institutional and other investors in Singapore – outside the US. An offering of 3,861,900 offering shares will be offered by way of a public offering in Singapore.

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