We are pleased to announce that BeLive Holdings, a Singapore-based provider of live commerce and shoppable short video solutions, has successfully priced its initial public offering on the Nasdaq Capital Market under the ticker symbol “BLIV.” .
The offering consisted of 2,450,000 ordinary shares at a price of US$4.00 per share, resulting in gross proceeds of approximately US$9.8 million. The company has also granted underwriters a 45-day option to purchase up to an additional 367,500 shares.
BeLive intends to use the net proceeds from the IPO to invest in its video and live streaming technologies, AI and big data capabilities, expand and enhance its product offerings, strengthen its brand through marketing and promotional activities, and support general corporate initiatives to fuel its strategic growth.
ARC Group served as financial advisor to BeLive in this transaction.
About BeLive Holdings Limited
Headquartered in Singapore, BeLive provides live commerce and shoppable video solutions to international retailers and e-commerce platforms. Its offerings include an enterprise-grade white label solution as well as a SaaS platform, enabling businesses to seamlessly integrate interactive video commerce experiences into their digital ecosystems.
Nigel Wong, Vice President at ARC Group, commented;
“BeLive’s successful IPO represents a major step forward in bringing innovative digital commerce solutions to a global stage. The company’s technology enables a new era of engagement between brands and consumers, and we’re proud to witness their evolution into the public markets. We look forward to seeing how BeLive continues to lead the transformation of the live commerce landscape.”
About ARC Group
ARC Group is a globally based investment bank and management consultancy firm, specializing in bridging Asia and the West. Our services encompass a full spectrum of financial solutions, including IPOs, M&A, financing, venture capital, and SPACs. ARC Group also includes an independent consulting division dedicated to addressing the unique challenges faced by companies operating across both Asian and Western markets. Headquartered in Hong Kong, with offices across Mainland China, the USA, Malaysia, Indonesia, Vietnam, India, Sweden, and the UAE, we are well-positioned to provide cross-border financial and advisory services.
Our commitment to anticipating market trends and delivering client-centered solutions has earned ARC Group the Frost & Sullivan 2024 Company of the Year Award in the Asian mid-market investment advisory sector.
For more information or any questions, please contact:
Nigel Wong
Vice President
[email protected]
For media inquiries, please contact:
Anna Sahlberg Carlsson
Marketing Manager
[email protected]
