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Subsequent events

12 Months Ended

Dec. 31, 2024

Subsequent Events [Abstract]

Subsequent events

CUPRINA HOLDINGS (CAYMAN) LIMITED
NOTES TO CONSOLIDATED FINANCIAL STATEMENTS

18 Subsequent events

The Company has assessed all subsequent events through the date that the consolidated financial statements were issued, there are no further material subsequent events that require disclosure in these consolidated financial statements other than as follows:

(a) On January 2, 2025, Baptista Carl Marc, one of the ultimate individual shareholders have provided an advance of which amounted to S$200,000 (US$147,026) to the Company for working capital purpose. Such advance is interest free, unsecured, and due on demand without an agreement.

(b) On January 8, 2025, Baptista Carl Marc, one of the ultimate individual shareholders have provided an advance of which amounted to S$140,000 (US$102,918) to the Company for working capital purpose. Such advance is interest free, unsecured, and due on demand without an agreement.

(c) On February 27, 2025, Teo Peng Kwang, one of the ultimate individual shareholders have provided an advance of which amounted to S$303,590 (US$223,179) to the Company for working capital purpose. Such advance is interest free, unsecured, and due on demand without an agreement.

	(d)	On April 11, 2025, the Company has completed the Initial Public Offering (“IPO”) of 3,000,000 Class A Ordinary Shares on Nasdaq Capital Market, at a public offering price of US$4.00 per share, and give rise to total gross proceeds of US$12.0 million. The Ordinary Shares were previously approved for listing on Nasdaq Capital Markets on April 9, 2025 and commenced trading under the ticker symbol “CUPR” on April 10, 2025.
	(e)	On May 8, 2025, the Company has closed the sale of an additional 450,000 Class A Ordinary Shares of the Company, pursuant to the full exercise of the underwriter’s over-allotment option granted in connection with the Company’s IPO, at the IPO price of US$4.00 per share.

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- Definition

The entire disclosure for significant events or transactions that occurred after the balance sheet date through the date the financial statements were issued or the date the financial statements were available to be issued. Examples include: the sale of a capital stock issue, purchase of a business, settlement of litigation, catastrophic loss, significant foreign exchange rate changes, loans to insiders or affiliates, and transactions not in the ordinary course of business.

+ References

Reference 1: http://www.xbrl.org/2003/role/disclosureRef
-Topic 855
-Name Accounting Standards Codification
-Publisher FASB
-URI https://asc.fasb.org/855/tableOfContent

Reference 2: http://www.xbrl.org/2003/role/disclosureRef
-Topic 855
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 2
-Subparagraph (a)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147483399/855-10-50-2

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