Republic Power Group Limited Completes Initial Public Offering
Singapore, Oct. 15, 2025 — Republic Power Group Limited (Nasdaq: RPGL), which specializes in providing customized enterprise resource planning (ERP) software solutions, consulting and technical support services, and peripheral hardware, today confirmed the successful completion of its initial public offering (the “Offering”). The Offering comprised 2,120,000 Class A ordinary shares, with 1,250,000 shares offered by the Company and 870,000 by selling shareholders, at a public price of US$4.00 per Class A ordinary share. Trading of the Class A ordinary shares commenced on the Nasdaq Capital Market on October 14, 2025, under the ticker symbol “RPGL.”
Before accounting for underwriting discounts and other related expenses, the Company garnered total gross proceeds of US$5.0 million from the Offering. Similarly, the selling shareholders received aggregate gross proceeds of US$3.48 million, prior to the deduction of underwriting discounts and expenses.
The net proceeds generated from the Offering are earmarked for various strategic initiatives by the Company, including research and development, investments in marketing and branding efforts, other capital expenditures, the recruitment of skilled professionals, general corporate purposes, and the pursuit of potential future acquisitions and growth opportunities.
The Offering was executed on a firm commitment basis. Bancroft Capital, LLC (“Bancroft Capital”) served as the lead managing underwriter and book-runner for the Offering. Hunter Taubman Fischer & Li LLC acted as U.S. counsel for the Company, while The Crone Law Group, P.C. represented Bancroft Capital as U.S. counsel in connection with the Offering.
A registration statement on Form F-1 pertaining to the Offering was lodged with the Securities and Exchange Commission (the “SEC”) (File Number: 333-288465), and subsequent amendments led to its declaration of effectiveness by the SEC on September 30, 2025. The Offering was exclusively made through a prospectus that formed part of this registration statement. Individuals interested in obtaining copies of the prospectus related to the Offering may do so by contacting Bancroft Capital at 501 W Office Center Dr # 130, Fort Washington, PA 19034, via email at , or by telephone at (484) 546-8000. Additionally, copies of the prospectus for the Offering are accessible through the SEC’s official website at .
This press release should not be interpreted as an offer to sell, or a solicitation of an offer to purchase, any of the Company’s securities. Furthermore, such securities shall not be offered or sold in the United States without prior registration or an applicable exemption from registration, nor shall any offer, solicitation, or sale occur in any state or jurisdiction where such actions would be illegal without proper registration or qualification under the local securities laws.
About Republic Power Group Limited
Republic Power Group Limited operates as a provider of tailor-made enterprise resource planning software solutions, along with consulting and technical support services, and peripheral hardware. Its clientele includes both large corporations and small to medium-sized enterprises, as well as government agencies situated in Singapore and Malaysia. For comprehensive information, please visit the Company’s website at .
Forward-Looking Statements
This announcement includes certain statements that are considered forward-looking. These forward-looking statements inherently involve known and unknown risks and uncertainties. They are founded on the Company’s current expectations and projections concerning future events that the Company anticipates could influence its financial health, operational outcomes, business strategy, and financial requirements. Investors can identify many, but not all, of these statements through the use of terms such as “believe,” “may,” “will,” “estimate,” “continue,” “anticipate,” “intend,” “expect,” or similar expressions within this prospectus. The Company is not obligated to publicly update or revise any forward-looking statements to reflect subsequent events, circumstances, or shifts in its expectations, unless mandated by law. While the Company believes the expectations expressed in these forward-looking statements are reasonable, it cannot guarantee their accuracy. The Company advises investors that actual results could differ significantly from those anticipated and encourages investors to review other factors that may affect its future performance in the Company’s registration statement and other filings with the SEC.
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