Nature's Wood to go public in the US, raising perhaps $1,065,000
On 8 August, Macau-based Nature Wood Group Limited (hereinafter referred to as "Nature Wood"), a subsidiary of Seah Hock Beng, updated its disclosure prospectus with the US Securities and Exchange Commission (SEC), proposing to go public on the NASDAQ in the United States under the ticker symbol NWGL. NWGL filed a confidential SEC form on 18 November 2022, and then publicly disclosed the prospectus on 25 April.
According to the latest prospectus, the IPO, Nature Wood intends to issue 915,000 ADS at $9 to $11 per share, raising $10.065 million.
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