More Singapore companies charmed by US listing, but post-IPO trail not a pretty sight
The majority are trading below their initial listing prices, with the largest loss nearing 90%
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[SINGAPORE] Interest in listing on US exchanges has surged among Singapore companies, with 13 initial public offerings (IPO) in H1 2025, nearly thrice the number over the same period last year.
Yet, nine out of the 13 companies saw their share prices dipping below their initial listing prices, including one that has fallen by nearly 90 per cent.
Looking at Nasdaq’s IPO calendar, The Business Times counted 13 Singapore-based companies that launched their IPOs in the US in the first six months of this year. This was almost treble the five listings in H1 2024.
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