SMJ International Holdings Inc. (NYSE American: SMJF) completed its initial public offering, raising $10.8 million in gross proceeds before fees and expenses, according to a company statement.
The Singapore-based flooring distributor sold 2,500,000 Class A ordinary shares at $4.00 per share, generating $10 million in initial gross proceeds. The underwriter exercised a portion of its over-allotment option, purchasing an additional 205,000 shares and bringing total gross proceeds to $10.82 million.
The company’s shares began trading on the NYSE American on December 4, 2025, under ticker symbol "SMJF." US Tiger Securities, Inc. served as the sole bookrunner for the offering.
SMJ distributes premium flooring products including carpet tiles, broadloom carpets and vinyl tiles under its proprietary "SMJ" brand across Singapore and more than 20 countries, primarily in Asia. The company also supplies environmentally certified flooring products to support sustainable building practices.
The offering was conducted under a Form F-1 registration statement that became effective on November 24, 2025. The underwriter retains a 45-day option to purchase up to 375,000 additional shares to cover over-allotments, of which 170,000 shares remain available for purchase.
The Crone Law Group, P.C. acted as U.S. legal counsel to SMJ, while Winston and Strawn LLP represented the underwriter in the transaction.








