NusaTrip raises $15mln in IPO at $4 per share.

NusaTrip Incorporated, a travel ecosystem specializing in Southeast Asia and Asia-Pacific, has priced its initial public offering (IPO) of 3,750,000 shares at $4.00 per share, raising $15.0 million. The IPO is expected to close on August 18, 2025, and the shares will begin trading on the Nasdaq Capital Market on August 15, 2025. The underwriter has a 45-day option to purchase up to an additional 562,500 shares to cover over-allotments.

NusaTrip Incorporated, a travel ecosystem specializing in Southeast Asia and Asia-Pacific, has priced its initial public offering (IPO) of 3,750,000 shares at $4.00 per share, raising $15.0 million. The IPO is expected to close on August 18, 2025, and the shares will begin trading on the Nasdaq Capital Market on August 15, 2025. The underwriter has a 45-day option to purchase up to an additional 562,500 shares to cover over-allotments [1].

The company operates as a one-stop travel platform, focusing on providing competitive fares through direct negotiations with airlines, consolidators, and hotel suppliers in the Asia-Pacific region. NusaTrip's modest $15 million IPO suggests a cautious market entry despite the region's growth potential. The IPO proceeds will likely fund geographic expansion and technology investments crucial for competing in the fragmented Southeast Asian travel market [1].

NusaTrip's relationship with Society Pass as its controlling shareholder indicates this IPO may be part of a broader corporate strategy to unlock value from portfolio companies. The selection of Cathay Securities as the sole underwriter, rather than a bulge-bracket investment bank, indicates a targeted approach to public markets rather than a large-scale offering seeking maximum institutional placement [1].

The Southeast Asian travel market represents significant growth potential, especially as post-pandemic travel continues to normalize across the region. However, NusaTrip will face intense competition from established regional and global travel platforms with deeper resources [1].

References:
[1] https://www.stocktitan.net/news/NUTR/nusa-trip-incorporated-announces-pricing-of-15-million-initial-2w8h2rw0rk9v.html
[2] https://www.morningstar.com/news/pr-newswire/20250815la52292/remax-sells-master-franchise-rights-in-malaysia-expanding-the-global-brands-presence-in-southeast-asia