The IPO Buzz: BeLive Holdings Prices IPO at $4 to Raise $10 Million – As Expected
BeLive Holdings (BLIV), a Cayman Islands-incorporated holding company with operating subsidiaries in Singapore and Vietnam, priced its micro-cap IPO at $4.00 and sold 2.45 million shares – the terms in the prospectus – to raise $10.0 million on Thursday night, April 3, 2025. The stock is expected to start trading at around midday today – Friday, April 4 – on the NASDAQ. R.F. Lafferty & Co. served as the sole book-runner. The company traces its history to 2014, “when we launched a social streaming mobile application with a focus on empowering users to share their lives while interacting with their audience in real time.” “Recognizing a significant potential in e-commerce, we redirected our focus in 2018 towards business-to-business and providing live commerce and shoppable short videos solutions (“BeLive Solutions”) to international retail companies and e-commerce marketplaces,” the company said. BeLive Holdings is not profitable, according to financial statements in the prospectus.
Source: https://www.iposcoop.com/the-ipo-buzz-belive-holdings-prices-ipo-at-4-to-raise-10-million-as-expected/