SAG Holdings Limited Announces Initial Public Offering

SAG Holdings Limited (Nasdaq: SAG) announced today the pricing of its initial public offering (the "Offering") of 875,000 ordinary shares at a price of $8.00 per share to the public, resulting in a total of US$7,000,000 in gross proceeds to the Company, before deducting underwriting discounts and other offering expenses.

All of the ordinary shares are being offered by the Company. The ordinary shares are set to begin trading on the Nasdaq Capital Market on October 23, 2024, under the symbol “SAG.”

Wilson-Davis & Co., Inc. is serving as the lead underwriter for the Offering, while TroyGould PC is acting as U.S. counsel to the Company.

A registration statement on Form F-1 (File No. 333-267771) relating to the Offering was filed with the Securities and Exchange Commission (SEC) and was declared effective by the SEC on September 30, 2024. The Offering is being made only via a prospectus included in the registration statement. Copies of the final prospectus related to the Offering may be obtained from Wilson-Davis & Co., Inc., 236 South Main Street, Salt Lake City, UT 84101, or by email at syndicate@wdco.com, or by telephone at (801) 532-1313. Additionally, it will be available on the SEC’s website at www.sec.gov.

Before investing, potential investors should read the prospectus and other documents the Company has filed or will file with the SEC for detailed information about the Company and the Offering. This press release does not constitute an offer to sell or the solicitation of an offer to buy these securities, nor shall there be a sale of these securities in any state or jurisdiction where such offer, solicitation, or sale would be unlawful prior to registration or qualification under the securities laws of that state or jurisdiction.