Enigmatig Ltd

EGG

Market cap $112M

Strategic partnership marks Enigmatig's first move following its NYSE listing, reinforcing its commitment to sustainable growth and long-term value creation in the region Strategic partnership marks Enigmatig's first move following its NYSE listing, reinforcing its commitment to sustainable growth and long-term value creation in the region

NEW YORK, Aug. 15, 2025 (GLOBE NEWSWIRE) -- Enigmatig Limited (NYSE American: EGG) (“Enigmatig” or the “Company”), a global business enabler empowering small and medium-sized enterprises (SMEs) to scale across borders, today rang the Closing Bell at the New York Stock Exchange (“NYSE”) to mark its recent listing and reaffirm its mission to power the global ambitions of bold, forward-thinking businesses.

A handful of IPOs and blank checks priced in the short holiday week, led by two sizable issuers. Two smaller IPOs also priced this past week. One IPO is currently scheduled to list in the week ahead, although some small names may also join the calendar throughout the week.

NEW YORK, June 20, 2025 (GLOBE NEWSWIRE) -- Enigmatig Limited (NYSE American: EGG) ("Enigmatig" or the "Company"), an international consultancy firm providing one-stop cross-border licensing solutions and related services, today announced that it has completed its previously announced initial public offering (the "IPO") and the sole bookrunner, on behalf of the underwriters, has exercised the over-allotment opinion in part to purchase an additional 160,000 shares of common stock from the Company at the IPO price of US$5.00 per share.

International consultancy firm Enigmatig said its initial public offering of about 2.8 million Class A ordinary shares priced at $5 a share, the high end of its anticipated range.

NEW YORK, June 17, 2025 (GLOBE NEWSWIRE) -- Enigmatig Limited ("Enigmatig" or the "Company"), an international consultancy firm providing one-stop cross-border licensing solutions and related services, today announced the pricing of its initial public offering ("IPO") of 2,845,200 Class A ordinary shares at a price to the public of US$5.00 per share. The Class A ordinary shares have been approved for listing on the NYSE American Market and are expected to begin trading on June 18, 2025, under the ticker symbol "EGG."

Enigmatig's IPO is set to raise $16.9 million in a U.S. IPO. The firm's valuation assumptions are overly optimistic, with an EV/revenue multiple of 29x on declining topline revenue. The market for regulatory compliance in Asia-Pacific is growing but highly competitive, posing additional challenges for Enigmatig.