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2025-08-15 22:01
NusaTrip Incorporated (NASDAQ:NUTR) ("NusaTrip" or the "Company"), a travel ecosystem with geographical specialization in Southeast Asia and Asia-Pacific, announced the pricing of its initial public offering of an aggregate 3,750,000 shares of Common Stock ("the Offering") at a price of $4.00 per share ("the Offering Price") to the public, for a total of $15.0 million of gross proceeds to the Company, before deducting underwriting discounts and offering expenses.
The Company has granted the underwriter a 45-day option to purchase up to an additional 562,500 shares of Common Stock to cover over-allotments, equal to 15% of the number of the Common Stock sold in the Offering, at the Offering Price less underwriting discounts.
The shares of Common Stock are expected to begin trading on the Nasdaq Capital Market on August 15, 2025, under the ticker symbol "NUTR." The Offering is expected to close on or about August 18, 2025, subject to customary closing conditions.