UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 20-F ☐ REGISTRATION STATEMENT PURSUANT TO SECTION 12(B) OR 12(G) OF THE SECURITIES EXCHANGE ACT OF 1934 OR ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(D) OF THE SECURITIES EXCHANGE ACT OF 1934 OR ☐ SHELL COMPANY REPORT PURSUANT TO SECTION 13 OR 15(D) OF THE SECURITIES EXCHANGE ACT OF 1934 Date of event requiring this shell company report: _____________ For the transition period from ______ to ________ Commission file number: 001-4 ...

Hong Kong, April 11, 2025 (GLOBE NEWSWIRE) -- 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 closing of its public offering (the “Offering”) of 23,800,000 ordinary shares at a public offering price of $0.30 per ordinary share. Gross proceeds, before deducting placement agent fees and other offering expenses, were approximately $7.14 million. Revere Securities ...

Company Overview - PTL Limited is an established bunkering facilitator providing marine fuel logistics services for vessel refueling, primarily targeting container ships, bulk carriers, general cargo vessels, and chemical tankers in the Asia Pacific market [5]. Offering Details - The company announced a public offering of 23,800,000 ordinary shares at a price of $0.30 per share, with expected gross proceeds of approximately $7.14 million before deducting fees and expenses [1][2]. - The offering is expected to close on April 10, 2025, subject to customary closing conditions [2]. Regulatory Information - The securities are being offered pursuant to a registration statement on Form F-1, which was declared effective by the U.S. Securities and Exchange Commission on March 31, 2025 [3]. - A preliminary prospectus has been filed with the SEC, and copies of the final prospectus will be available from Revere Securities LLC [3].