Sagtec Global, a Malaysia-based provider of point of sale software for the food and beverage industry, filed on Thursday with the SEC to raise up to $9 million in an initial public offering.
The company provides customizable software and ordering kiosks for the food and beverage industry. Its Speed+ software is installed onto third-part point of sale machines. Sagtech Global is also involved in a variety of other businesses, such as social media management services, selling power-bank charging stations, and data management services.
The Kuala Lumpur, Malaysia-based company was founded in 2018 and booked plans to list on the Nasdaq under the symbol SAGT. The Benchmark Company is the sole bookrunner on the deal. No pricing terms were disclosed.
