SMJ International Holdings Inc. Initial Public Offering
SINGAPORE-(BUSINESS WIRE)-SMJ International Holdings Inc. (“SMJ” or the “Company”), a Singapore-based premium flooring specialist that distributes a wide range of premier flooring products under its proprietary “SMJ” brand across Asia markets, announced the closing of its initial public offering (the “Offering”) of an aggregate 2,500,000 Class A ordinary shares par value US$0.0002 per share at a price of US$4.00 per share to the public (the “Offering Price”), for a total of US$10,000,000 of gross proceeds to the Company, before deducting underwriting discounts and other offering expenses.
The Crone Law Group, led by Cassi Olson, acted as legal counsel for the company.
The Company has granted the underwriter a 45-day option to purchase an additional 375,000 Class A ordinary shares at the Offering Price less the underwriting discounts to cover over-allotments, if any. The Class A ordinary shares are expected to begin trading on the NYSE American under the ticker symbol “SMJF” on December 4, 2025. The Offering is expected to close on or about December 5, 2025, subject to the satisfaction of customary closing conditions.
About SMJ International Holdings Inc.
SMJ International Holdings Inc. and its subsidiaries (“SMJ Group”) are Singapore-based premier flooring specialists that have a well-established reputation and track records with the commercial and institutional sectors in Asia. It specializes in the sale and distribution of a wide range of premier flooring products such as carpet tiles, broadloom carpets and vinyl tiles under its proprietary brand known as “SMJ” in Singapore and over 20 countries mainly in Asia. To meet the increasing demand for green and eco-friendly materials in Asia, SMJ Group also supplies flooring products that have been certified as environmentally friendly to support government initiatives in promoting sustainable building practices in Asia.
About The Crone Law Group, P.C.
The Crone Law Group, P.C. is an international law firm headquartered in New York. We represent domestic and international clients in complex corporate and securities transactions. We are renowned for our expertise in the most complex securities, corporate finance matters, capital markets, initial public offerings (IPOs), uplistings, mergers and acquisitions (M&A), litigation, intellectual property and patent law, tax law, and immigration law, while providing our clients with close, personal service not available at larger, less relationship-focused firms.
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