iWow Technologies to Raise SG$3 Million via Share Offering; Shares Up 29%

MT Newswires

2025/09/23

iWow Technologies (SGX:NXR) is looking to raise around SG$3 million through the issuance of 15 million shares to shareholder Mehta Vimesh Piyush at SG$0.20 apiece, according to a Monday filing with the Singapore Exchange.

Shares of the company were up nearly 29% in Tuesday trading.

Proceeds raised from the activity will be used for operational targets, which include the deployment of a wireless alarm system for a Singapore government department.

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