THE GROWHUB LIMITED, a Singapore-based blockchain technology company, priced its initial public offering at $4 per share on August 27, 2025. The company is offering 3,750,000 Class A ordinary shares, raising $15 million in gross proceeds.
The underwriters have a 45-day option to purchase an additional 562,500 shares at the offering price, representing 15% of the shares sold in the IPO. The company’s shares are expected to begin trading on NASDAQ under the ticker symbol “TGHL” on August 28, 2025.
Alexander Capital, L.P. served as lead book-running manager for the offering, with Network 1 Financial Securities, Inc. acting as co-underwriter. The offering is expected to close on or about August 29, 2025, subject to customary closing conditions.
THE GROWHUB operates a blockchain technology platform focused on product traceability and authenticity within supply chains. The company provides blockchain traceability, anti-counterfeit measures, and carbon management solutions. Its business includes three divisions: the GrowHub Platform, product trading facilitation, and IT professional services.
The offering is being conducted under a registration statement on Form F-1 that was declared effective by the U.S. Securities and Exchange Commission on August 25, 2025. The prospectus will be available on the SEC’s website and through the underwriters.
This information is based on the company’s press release statement announcing the IPO pricing.
