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Coliwoo Holdings offering 80.304 mil shares at 60 cents a piece for IPO; to raise $96.21 mil in net proceeds

Nicole Lim
Nicole Lim • 2 min read
Coliwoo Holdings offering 80.304 mil shares at 60 cents a piece for IPO; to raise $96.21 mil in net proceeds
A placement of 75 mil offering shares and a public offering of 5.3 mil offering shares will make up the 80.304 mil ordinary shares offered. Photo: Samuel Issac Chua/The Edge Singapore
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Co-living business Coliwoo Holdings is offering 80,304,000 ordinary shares or 80.304 million ordinary shares at a price of 60 cents per offering share in relation to its initial public offering (IPO) on Oct 28.

A placement of 75,004,000 offering shares and a public offering of 5,300,000 offering shares will make up the 80,304,000 ordinary shares offered.

Coliwoo is set to raise about $96.21 million in net proceeds from the offering and issuance of cornerstone shares.

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