SINGAPORE, Sept. 30, 2024 (GLOBE NEWSWIRE) -- HomesToLife Ltd. ('HTLM” or the 'Company”) today announced the pricing of its initial public offering of an aggregate of 1,250,000 ordinary shares (the 'Offering”), all of which are being offered by HTLM at a public offering price of $4.00 per share.

In addition, the Company has granted the underwriters a 45-day option (the 'Over-Allotment Option”) to purchase up to an additional 187,500 ordinary shares at the initial public offering price, less underwriting discounts and commissions. The gross proceeds to HTLM from the Offering (assuming that the Over-Allotment Option is not exercised), before deducting underwriting discounts and commissions and estimated offering expenses payable by HTLM, is expected to be $5 million.