11:40 AM EDT, 10/02/2024 (MT Newswires) -- HomesToLife ( HTLM ) said Wednesday it closed its initial public offering of about 1.44 million shares at $4 apiece for about $5.8 million in gross proceeds.

The IPO included 187,500 shares sold upon full exercise of the underwriter's overallotment option, the company said.

HomesToLife ( HTLM ) shares started trading on the Nasdaq Stock Market under the symbol HTLM Tuesday.

The company said its subsidiary and operating company, HomesToLife Singapore, sells customized furniture solutions in Singapore.

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