Back 08 Dec 2025

Citigroup Steps In To Stabilise UltraGreen.ai IPO With 6 Million-Share Buyback

Link: https://links.sgx.com/1.0.0/corporate-announcements/WDUMCWPV209B6LL3/f2ea2f1bc764eeea10f8dd700bc83676f433633d616c927397b535d9042081e7

Summary:

  • Citigroup Global Markets Singapore, acting as stabilising manager for the UltraGreen.ai IPO, executed stabilising purchases on 8 December 2025.

  • A total of 6,000,000 UltraGreen.ai shares were bought in the market to support trading.

  • The purchases were made within a price band of US$1.31 to US$1.45 per share.

  1. https://links.sgx.com/FileOpen/ULTRAGREEN.AI%20LIMITED%20-%20STABILISING%20ACTION_20251208.ashx?App=Announcement&FileID=869290