Reitar Logtech Holdings Limited announced the closing of its initial public offering on August 26, 2024. The company issued 2,125,000 Class A ordinary shares at $4.00 per share, raising gross proceeds of $8.5 million before deducting underwriting discounts and expenses.Trading of Reitar's shares commenced on The Nasdaq Capital Market on August 23, 2024, under the ticker symbol "RITR". Cathay Securities, Inc. acted as the sole book runner and lead underwriter for the firm commitment offering. The IPO was conducted following the SEC's declaration of effectiveness for the company's F-1 registration statement on August 16, 2024.Reitar Logtech Holdings Limited is a Hong Kong-based comprehensive logistics solutions provider. The company's business model focuses on connecting capital partners and logistics operators while integrating innovative logistics technologies. Its operations are divided into two main segments: asset management and professional consultancy services, and construction management and engineering design services.

Reitar Logtech Holdings Limited announced the closing of its initial public offering on August 26, 2024. The company issued 2,125,000 Class A ordinary shares at $4.00 per share, raising gross proceeds of $8.5 million before deducting underwriting discounts and expenses.Trading of Reitar's shares commenced on The Nasdaq Capital Market on August 23, 2024, under the ticker symbol "RITR". Cathay Securities, Inc. acted as the sole book runner and lead underwriter for the firm commitment offering. The IPO was conducted following the SEC's declaration of effectiveness for the company's F-1 registration statement on August 16, 2024.Reitar Logtech Holdings Limited is a Hong Kong-based comprehensive logistics solutions provider. The company's business model focuses on connecting capital partners and logistics operators while integrating innovative logistics technologies. Its operations are divided into two main segments: asset management and professional consultancy services, and construction management and engineering design services.