The Zhitong Finance App learned that Optimal AI is a Singaporean supplier that provides modeling and simulation software for companies. The company submitted an application to the US Securities and Exchange Commission on Tuesday to raise up to 11 million US dollars through an initial public offering. The company plans to raise $11 million by issuing 2.5 million shares at a price of 4 to 5 US dollars each. Based on the midpoint of the proposed range, Optimal AI's market value will be US$109 million, and the corporate value will be US$100 million, corresponding to 116.8 times the sales volume for the last 12 months.

The Zhitong Finance App learned that Optimal AI is a Singaporean supplier that provides modeling and simulation software for companies. The company submitted an application to the US Securities and Exchange Commission on Tuesday to raise up to 11 million US dollars through an initial public offering. The company plans to raise $11 million by issuing 2.5 million shares at a price of 4 to 5 US dollars each. Based on the midpoint of the proposed range, Optimal AI's market value will be US$109 million, and the corporate value will be US$100 million, corresponding to 116.8 times the sales volume for the last 12 months.