Company: SPPL
Filing Date: 2025-10-27
Form Type: F-3
Source: 0001493152-25-019408
Chunk: 17

Company: SIMPPLE LTD.
Filing Date: 2025-10-27
Form: F-3
Chunk 17
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 Share at a price of $5.25 per share. The closing for the sale of the over-allotment shares took place on September 22, 2023. Gross

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On October 4, 2023, Maxim Group LLC notified the Company of their decision to exercise the over-allotment option to purchase an additional 60,300 Ordinary Share at a price of $5.25 per share. The closing for the sale of the over-allotment shares took place on October 6, 2023. Gross proceeds of the Company’s IPO, including the proceeds from the sale of all over-allotment shares, totaled approximately $9.25 million, before deducting underwriting discounts and other related expenses. On September 6, 2024, SIMPPLE LTD. entered into a series of securities purchase agreement with twelve purchasers, pursuant to which the Company agreed to issue and sell, in a private placement, an aggregate of $1,260,000 of securities, consisting of 4,846,153 ordinary shares of the Company, par value $0.0001 per share and warrants to purchase an aggregate of 4,846,153 Ordinary Shares at an exercise price of $0.13 per share, subject to adjustment therein. Each Warrant was exercisable on or after December 31, 2024 and will expire on December 31, 2027, the third year anniversary of the initial exercise date therein. On December 13, 2024, the Company underwent a reverse share split, whereby the authorized share capital of the Company was redesignated from US$50,000 divided into 500,000,000 ordinary shares of a nominal or par value of US$0.0001 each, to US$50,000 divided into 62,500,000 ordinary shares, par value US$0.0008 each. On June 30, 2025, the Company entered into a series of securities purchase with 10 purchasers, pursuant to which the Company agreed to issue and sell, in a private offering, an aggregate of $2,000,001 of securities, consisting of 1,333,334 ordinary shares of the Company, par value $0.0008 per share. The transaction closed on June 30, 2025. On October 14, 2025, a special resolution was passed, whereby the authorized share capital of the Company was increased to US$3,200,000 divided into 4,000