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 the closing of its public offering of 23,800,000 ordinary shares at a public offering price of $0.30 per share, resulting in gross proceeds of approximately $7.14 million before deducting fees and expenses [1] - Revere Securities LLC acted as the exclusive placement agent, while Pacific Century Securities, LLC served as the advisor for the offering [2] Regulatory Information - The offering was conducted under a registration statement on Form F-1, which was declared effective by the U.S. Securities and Exchange Commission on March 31, 2025 [3]
PTL Limited Announces Closing of $7.14 Million Public Offering of its Ordinary Shares