NusaTrip Incorporated, a travel ecosystem specializing in Southeast Asia and Asia-Pacific, priced its IPO at $4.00 per share, raising $15.0 million in gross proceeds.
The Offering comprises 3,750,000 shares of Common Stock with a 45-day option for additional shares.
Shares are set to trade on Nasdaq under ticker symbol NUTR, with the Offering expected to close around August 18, 2025.
Business Model
NusaTrip sources inventory from multiple countries to find the cheapest fares for customers, specializing in Southeast Asia and Asia-Pacific.
IPO Purpose
Funds raised will be used to establish and expand NusaTrip's unique business model, aiming for robust expansion in the Asia Pacific region.
Registration Statement
The IPO was filed under Registration No. 333-285997 with the SEC, declared effective on August 8, 2025.
- The successful pricing of the IPO indicates investor confidence in NusaTrip's growth potential in the travel sector.
- By granting an over-allotment option, NusaTrip shows flexibility in capitalizing on additional investor interest.
NusaTrip's IPO pricing reflects a positive outlook for the company's expansion plans in Southeast Asia and Asia-Pacific, backed by a proven business model and strategic acquisitions.