other_material
confidence high
sentiment positive
materiality 0.85
NusaTrip completes IPO of 3.75M shares at $4.00, raising $15M gross proceeds
NUSATRIP Inc
- 3.75M shares sold at $4.00 per share; gross proceeds $15M, net proceeds ~$13.5M after underwriting discounts.
- Shares began trading on Nasdaq Capital Market on August 15, 2025 under ticker "NUTR".
- Underwriter Cathay Securities granted 45-day over-allotment option for 562,500 additional shares.
- Net proceeds to be used for M&A, expansion into new markets, and general working capital.
- Representative's Warrants issued for 301,875 shares at $5.00 exercise price (125% of offering price).
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