Ohmyhome (OMH) Registration Filing summary

Company overview and business model

• Operates as a Cayman Islands holding company with subsidiaries in Singapore and Malaysia, providing a data and technology-driven property platform for end-to-end real estate solutions, including brokerage, renovation, mortgage, legal, and insurance services.

• Platform supports both HDB and private property markets, offering self-serve listings, agent services, and a suite of value-added property-related services.

• As of December 31, 2023, platform had around 200,000 monthly active users, over 745,000 app downloads, and 18,000+ active property listings monthly.

• Revenue streams include direct customer payments, fixed fees from partners (banks, law firms, insurance), and project management for renovation services.

Financial performance and metrics

• Completed IPO in March 2023, raising $11.2 million gross; a follow-on offering in February 2024 raised $4.8 million gross.

• Financial statements for 2021, 2022, and 2023 are incorporated by reference; the company’s auditor expressed substantial doubt about its ability to continue as a going concern, highlighting the need for additional funding.

Use of proceeds and capital allocation

• Net proceeds from securities sales will fund business development, commercialization, working capital, and general corporate purposes, with potential for technology or business acquisitions; management has broad discretion over allocation.