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Cuprina Holdings (Cayman) Limited Announces Closing of Underwriter’s Over-Allotment Option in Connection with Public Offering
GlobeNewswire Inc.·
Cuprina Holdings (Nasdaq: CUPR), a biomedical company, announced the successful closing of its underwriter's over-allotment option, selling an additional 648,373 Class A ordinary shares at $1.15 per share for approximately $745,629 in gross proceeds. Combined with the initial public offering, the company raised total aggregate gross proceeds of approximately $5.72 million, which will be used for business expansion, R&D activities, market growth, and general corporate purposes.
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