PTL Limited Announces Pricing Of $5M Initial Public Offering Of 1.25M Shares At A Price Of $4/Share And Listing On Nasdaq

Benzinga · 10/15 20:31

PTL Limited (NASDAQ:PTLE) (the "Company"), an established bunkering facilitator providing marine fuel logistics services for vessel refueling, serving the Asia Pacific market, today announced the pricing of its initial public offering (the "Offering") of 1,250,000 ordinary shares (the "Ordinary Shares"), at a price of $4.00 per Ordinary Share (the "Offering Price").

The Ordinary Shares are expected to begin trading on the Nasdaq Capital Market on October 16, 2024 under the symbol "PTLE."The Offering is expected to close on October 17, 2024, subject to the satisfaction of customary closing conditions.