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Week of Expected Pricing Pending
Company Name RECTITUDE HOLDINGS LTD
Proposed Ticker RECT
CUSIP G7445R101
Business Description Our business is principally involved in the provision of safety equipment, encompassing essential items such as (i) personal protective clothing, hand gloves, safety footwear, and personal fall arrest systems (a system used to arrest an employee in a fall from a walking-working surface, usually consisting of a body harness, anchorage, and connector), (ii) portable fire extinguishers and (iii) traffic products such as rubber speed humps, wheel stops and wheelchocks. Additionally, when needed by our customers, we also offer auxiliary products such as industrial hardware tools and electrical hardware required for construction sites. For the financial years ended March 31, 2022 and March 31, 2023, the provision of safety equipment contributed 57.4% and 65.0% of our revenue, respectively. In addition, for the six months ended September 30, 2022 and 2023, the provision of safety equipment contributed to 58% and 60% of our revenue, respectively.
Lead Underwriter A.G.P./Alliance Global Partners
Co-Managers N/A
Initial Shares 2,000,000
Revised Initial Shares N/A
Initial Price $4.00-$6.00
Revised Price N/A
Final Price N/A
Final Ticker N/A

 

 

   
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