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flag UltraGreen.ai to raise $400M in Dec. 3, 2025, IPO on Singapore Exchange, valuing company at $1.6B.

flag UltraGreen.ai, a Singapore-based medical tech company developing AI-powered fluorescence-guided surgery tools, plans to raise $400 million in a Singapore Exchange IPO on December 3, 2025, at $1.45 per share, valuing the company at $1.6 billion. flag The offering includes a $237.5 million cornerstone allocation from major investors like AIA and HSBC Global Asset Management, with proceeds funding product development, acquisitions, and global expansion. flag The IPO would rank among Singapore’s largest non-REIT listings in recent years, reflecting strong market momentum driven by supportive reforms and growing investor interest in tech-focused firms.

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