BeLive Holdings Successfully Completes Initial Public Offering Worth $10 Million
BeLive Holdings Completes Initial Public Offering
In an important development for the live commerce sector, BeLive Holdings has officially closed its initial public offering (IPO), raising approximately $10 million. This substantial financial boost comes from the sale of 2,450,000 ordinary shares at a price of $4.00 per share. The company made its debut on the Nasdaq Capital Market under the ticker symbol 'BLIV' on April 4, 2025, with the offering officially concluding on April 7, 2025.
Purpose of the Offering
The proceeds from this IPO are earmarked for several key initiatives aimed at enhancing BeLive's offerings and expanding its reach in the live commerce field. Specifically, the company plans to invest in:
1. Advancing Technology: A significant portion of the funds will go towards developing its video and live streaming technologies, including enhancements in artificial intelligence (AI) and big data capabilities.
2. Solution Development: BeLive is committed to advancing its existing solutions and developing new features that will add value for its customers, aiming to enhance their online commerce strategies.
3. Marketing & Branding Initiatives: The funds will also support marketing efforts aimed at attracting new customers and solidifying BeLive's brand presence in an increasingly competitive landscape.
4. General Corporate Purposes: Finally, some of the capital will be allocated to overall corporate purposes that will aid in the growth of the business.
Details of the Offering
The offering included an allocation for underwriters, who were granted an option to buy up to 367,500 additional shares over the next 45 days to cover any over-allotments. R.F. Lafferty & Co., Inc acted as the sole book-running manager for this IPO, with legal counsel provided by Schlueter Associates, P.C., and Lucosky Brookman LLP.
Before this IPO, a registration statement relating to the offering was approved by the U.S. Securities and Exchange Commission (SEC) on March 31, 2025. Interested investors are encouraged to review the official prospectus, which outlines the potential risks and benefits associated with investing in BeLive shares. This document, along with other filings by the company, remains accessible via the SEC's website.
About BeLive Holdings
Headquartered in Singapore, BeLive Holdings specializes in providing innovative live commerce solutions and shoppable short video services to a variety of international retailers and e-commerce platforms. Their unique BeLive Solutions allow customers to create engaging and interactive video content for live broadcasts, offering an avenue for instant replay and increased customer interaction.
The offering of the BeLive White Label Solution caters to clients requiring a highly customized solution that fits seamlessly into their existing systems. In contrast, the BeLive SaaS Solution presents a cost-effective alternative for businesses wanting to deploy live streaming without the complexity of building an in-house infrastructure.
Conclusion
The successful completion of this IPO not only marks a significant milestone for BeLive Holdings but also highlights the increasing importance and potential of live commerce in the global retail ecosystem. As the company focuses on expanding its technological capabilities and market presence, it looks set to play a substantial role in shaping the future of e-commerce.
For media inquiries or additional information, BeLive's investor relations team can be contacted via email.