NusaTrip Inc. (NASDAQ: NUTR), a leading online travel agency (OTA) in Southeast Asia, has officially priced its initial public offering (IPO) at $4.00 per share, raising $15 million by offering 3,750,000 shares. The IPO marks a major milestone for the Jakarta-based company as it seeks to expand its regional and global presence in the travel and tourism industry.

Company Overview

• Proposed Symbol: NUTR

• Exchange: NASDAQ Capital

• Offer Price: $4.00 per share

• Shares Offered: 3,750,000

• Shares Outstanding: 18,816,668

• Employees: 56 (as of March 31, 2025)

• CEO: Tjin Patrick Soetanto

• Headquarters: 28F AIA Central, Jakarta, Indonesia

• Lockup Expiration: February 11, 2026

• Quiet Period Expiration: September 24, 2025

• Total Offering Expense: $300,000

Founded in 2015, NusaTrip has positioned itself as the premier travel hub in Southeast Asia (SEA) and the Asia-Pacific (APAC) region. The company specializes in both inbound and outbound travel, connecting travelers from around the world with SEA destinations and facilitating travel from the region to global locations.

Growth Strategy and Acquisitions

NusaTrip’s growth strategy is heavily acquisitions-focused, targeting synergistic offline travel agencies across SEA and APAC markets. The company has successfully completed acquisitions of VLeisure and VIT in Vietnam and is actively exploring opportunities in countries including China, Hong Kong, Philippines, Thailand, Singapore, Malaysia, India, and the UAE. By integrating acquired businesses, NusaTrip enhances operational efficiency and expands its regional footprint.

In 2022, NusaTrip joined the Society Pass Inc. (Nasdaq: SOPA) ecosystem, acquiring key subsidiaries and consolidating operations under NusaTrip Incorporated in 2023. This move strengthened its market position, enabling the company to offer comprehensive travel services across online and offline channels.

Market Leadership and Technology

As the first IATA-accredited OTA in Indonesia, NusaTrip gains direct access to global airline fares and distribution channels, including Meta Searches like Kayak and Skyscanner. The company serves over 1.3 million registered users, 500 airlines, and 650,000 hotels worldwide, with more than 80 million unique website visitors and 1 million mobile app downloads. Its technology platform allows seamless integration of travel bookings, enhancing both corporate and retail customer experiences.

Conclusion

With its NASDAQ Capital IPO, NusaTrip Inc. (NUTR) is set to leverage its strong regional presence, acquisition strategy, and advanced technology platform to expand further into SEA and APAC markets. Investors seeking exposure to the rapidly growing travel and tourism sector in Asia may view NusaTrip as a strategic entry point, combining a proven track record with ambitious growth plans.

Website: www.nusatrip.com

Phone: +62 838 3838 3848