Ohmyhome Raises $3.9M in Regulation S Private Placement With Attached Warrants

summarizeSummary

Ohmyhome closed a $3.9 million Regulation S private placement of 3 million shares and 3 million warrants at $1.30 combined, with warrant terms that could add up to 27 million shares if exercised. It is the third capital raise in three months for a cash-strapped company.

check_boxKey Events · Financing and Capital Events · OMH

• New $3.9M Private Placement Closed

  Ohmyhome sold 3,000,000 Class A ordinary shares and 3,000,000 warrants at a combined $1.30 per share and one warrant, raising $3.9 million gross on October 16, 2026.

• Warrant Terms Carry Heavy Dilution Potential

  Warrants have a five-year term, a $1.30 exercise price with a $0.10 floor, and an Alternate Cashless Exercise feature allowing exchange for nine times the underlying warrant shares — up to 27 million shares if fully exercised, versus the 3 million shares sold outright.

• Purchasers Locked Up for 12 Months

  All purchasers signed lock-up agreements barring sales of the shares and warrant shares for 12 months from closing, and the company granted no registration rights.

• Third Capital Raise in Three Months

  Follows the $40 million standby equity purchase agreement with Magnus Capital Ventures disclosed October 7, 2026, and the $3.88 million registered direct offering completed July 28, 2026.

auto_awesomeAnalysis · OMH · Real Estate & Construction

Ohmyhome closed a $3.9 million private placement on October 16, 2026, selling 3,000,000 Class A ordinary shares plus 3,000,000 warrants at a combined $1.30 per share and one warrant — a price roughly half the $2.70 where the stock trades today, though the deal was struck at the time of signing. The warrants are the aggressive part: five-year term, $1.30 exercise price with a $0.10 floor, and an Alternate Cashless Exercise clause that, starting seven days after issuance, lets holders exchange warrants for nine times the underlying share count. That structure can put up to 27 million additional shares into circulation if fully exercised, on top of the 3 million shares sold outright. The 12-month purchaser lock-up and the absence of registration rights limit near-term selling pressure, but the company has now stacked this placement on top of the $40 million Magnus Capital standby equity purchase agreement signed October 7 and the July 2026 registered direct offering — a pattern of serial dilution for a company that reported a SGD 1.84 million first-half loss and extreme cash constraints. Proceeds are earmarked for working capital and general corporate purposes, which signals the cash is needed to keep operating rather than to fund growth.