Rectitude Holdings Ltd

Earnings data Q3 2024

Rectitude Holdings Ltd. engages in the provision of safety equipment. The firm offers personal protective clothing, hand gloves, safety footwear, personal fall arrest systems, portable fire extinguishers, and traffic products such as rubber speed humps, wheel stops, and wheel chocks. It also provides industrial hardware tools and electrical hardware for construction sites. The company was founded on June 1, 2023, and is headquartered in Singapore.

SINGAPORE, Dec. 23, 2024 (GLOBE NEWSWIRE) -- Rectitude Holdings Ltd. (Nasdaq: RECT; the “Company” or “Rectitude”), a Singapore-based provider of safety equipment and related industrial products, today announced that it has secured its first sales contracts for its new product, the All-in-One Intelligence Micro-grid System (“AIMS”). These contracts are expected to generate approximately USD 1 million in revenue. With the launch of AIMS and Rectitude's expansion into Thailand, the Company is well-positioned to further growth across Southeast Asia.

Rectitude Secures Initial Sales Contracts for Innovative New Energy Solutions, Entering the Multi-Billion-Dollar Green Energy Market in Southeast Asia

SINGAPORE, Dec. 04, 2024 (GLOBE NEWSWIRE) -- Rectitude Holdings Ltd. (Nasdaq: RECT; the “Company” or “Rectitude”), a Singapore-based provider of safety equipment and related industrial products, today announced it has entered into a memorandum of understanding (MOU) with Nanjing Starship Intelligent Storage Technology Co. to provide its All-in-one Intelligence Micro-grid System (“AIMS” or “AST-05”), a next-generation energy storage solution with the potential to transform how industries manage power.

Rectitude Announces Supply Relationship for Innovative New Energy Solutions in Southeast Asia

SINGAPORE, July 29, 2024 (GLOBE NEWSWIRE) -- Rectitude Holdings Ltd (the “Company” or “Rectitude”), a Singapore-based provider of safety equipment and related industrial-grade hardware products, today announced its financial results for the full year ended March 31, 2024.

Rectitude Holdings Ltd Announces Fiscal Year ended March 31, 2024 Full Year Financial Results

SINGAPORE, July 11, 2024 (GLOBE NEWSWIRE) -- Rectitude Holdings Ltd. (Nasdaq: RECT; the “Company” or “Rectitude”), a Singapore-based provider of safety equipment and related industrial products, today announced that its management team participated in a Nasdaq Bell Ringing Ceremony at Capella Singapore. Nasdaq investor relations and IPO director for Asean, Hiren Krishnani, attended the ceremony. The bell ringing ceremony highlights the Company's successful initial public offering and listing on Nasdaq. The Company began trading on Nasdaq on June 21, 2024 under the ticker symbol “RECT”.

Rectitude Celebrates Completion of Initial Public Offering with Nasdaq Bell Ringing Ceremony

SINGAPORE, July 09, 2024 (GLOBE NEWSWIRE) -- Rectitude Holdings Ltd (the “Company” or “Rectitude”), a Singapore-based provider of safety equipment and related industrial products, today announced the opening of a new branch at 498 and 500 Geylang Road, Singapore. This strategic expansion aims to strengthen the Company's local presence, improve accessibility to products in high-demand categories, and solidify its position as a leading provider of safety and industrial solutions in the region.

Rectitude Announces Opening of New Strategic Branch in 498 and 500 Geylang Road, Singapore

SINGAPORE, June 24, 2024 (GLOBE NEWSWIRE) -- Rectitude Holdings Ltd (the “Company” or “Rectitude”), a Singapore-based provider of safety equipment and related industrial products, today announced the closing of its initial public offering (the “Offering”) of 2,000,000 ordinary shares at a public offering price of $4.00 per ordinary share, for total gross proceeds of $8,000,000, before deducting underwriting discounts, commissions, and other related expenses.

Rectitude Holdings Ltd Announces Closing of $8 Million Initial Public Offering

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One IPO and three SPACs debuted this week. Singapore-based safety equipment provider Rectitude Holdings priced at the bottom of the range to raise $8 million at a $58 million market cap. Three IPOs are currently scheduled to debut in the week ahead as the second quarter comes to a close.

U.S. IPO Weekly Recap: Flurry Of SPACs And IPOs Fill The Pipeline In Short Holiday Week

SINGAPORE, June 21, 2024 (GLOBE NEWSWIRE) -- Rectitude Holdings Ltd (the “Company” or “Rectitude”), a Singapore-based provider of safety equipment and related industrial products, today announced the pricing of its initial public offering (the “Offering”) of 2,000,000 ordinary shares at a public offering price of $4.00 per ordinary share, for total gross proceeds of $8,000,000, before deducting underwriting discounts, commissions, and other related expenses. The ordinary shares have been approved for listing on the Nasdaq Capital Market and are expected to commence trading on June 21, 2024, under the ticker symbol “RECT.”

News for Rectitude Holdings Ltd Stock (RECT)