Company: SPPL
Filing Date: 2025-04-08
Form Type: 20-F
Source: 0001641172-25-003217
Chunk: 60

Company: SIMPPLE LTD.
Filing Date: 2025-04-08
Form: 20-F
Item: Item 4
Chunk 60
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 the form attached
as Exhibit 1.1 hereto and incorporated herein by reference, with Maxim Group LLC, as underwriter named thereof, in connection with its
initial public offering (“ IPO”) of 1,602,000 Ordinary Shares, par value $0.0001 per share at a price of $5.25 per share.
The Company’s Registration Statement on Form F-1 (File No. 333-271067) for the IPO, originally filed with the U. S. Securities and
Exchange Commission (the “ Commission”) on April 3, 2023 was declared effective by the Commission on September 12, 2023. On
September 15, 2023, the Company consummated its IPO.

On
September 15, 2023 the Company issued Representative’s Warrants to purchase up to 80,100 Ordinary Shares at $6.30 per share to
Maxim Group LLP, substantially in the form attached as annexure V to the form of underwriting agreement attached as Exhibit 1.1 hereto
and incorporated herein by reference.

On
September 21, 2023, Maxim Group LLC notified the Company of their decision to exercise the over-allotment option to purchase an additional
100,000 Ordinary 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.

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.

On
September 6, 2024, SIMPPLE LTD. (“we,” “our,” “us,” or the “ Company”), entered into a
series of securities purchase agreement (the “ Purchase Agreement”) with twelve purchasers (the “ Purchasers”),
pursuant to which the Company agreed to issue and sell, in a private offering (the “ 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 (the “ Ordinary Shares”)
and warrants to purchase an aggregate of 4,846,153 Ordinary Shares at an exercise price of $0.13 per share