Group 1 - Smart Digital Group Limited successfully completed its IPO on May 5, 2025, issuing 1,500,000 shares at a price of $4.00 per share, raising a total of $6 million [1][3] - The company's stock began trading on the Nasdaq Capital Market under the ticker symbol "SDM" on May 2, 2025 [1][3] - The company granted underwriters a 45-day option to purchase up to an additional 225,000 shares at the offering price, which could increase total funds raised [1] Group 2 - The funds raised from the IPO will be used for multiple strategic initiatives, including business expansion, brand promotion, software development, and general working capital [1][3] - The successful IPO marks a significant milestone for Smart Digital Group, providing access to public capital markets and enhancing its visibility in the global investment community [3] - The choice to list on Nasdaq instead of an Asian exchange reflects the company's ambition for international growth and desire for higher liquidity in the U.S. capital markets [3]