FAST TRACK GROUP Announces Closing of $15 Million Initial Public Offering

Core Points - Fast Track Group has successfully closed its initial public offering (IPO) of 3,750,000 ordinary shares at a price of $4.00 per share, raising approximately $15 million in gross proceeds [1] - The company's shares began trading on the Nasdaq Capital Market under the symbol "FTRK" on May 23, 2025 [1] - The underwriters have a 45-day option to purchase an additional 562,500 ordinary shares to cover over-allotments [2] Company Overview - Fast Track Group is a leading entertainment-focused event management and celebrity agency company, established in Singapore in 2012 [6] - The company has expanded its operations across the Asia Pacific region, gaining a reputation as a preferred partner for event and endorsement organizers [6] - Fast Track Group offers a range of value-added services, including media planning, PR management, technical production planning, celebrity sourcing, and event manpower support [6] Offering Details - The IPO was conducted under the company's registration statement on Form F-1, which was filed with the U.S. Securities and Exchange Commission (SEC) [4] - The final prospectus related to the offering has been filed with the SEC and is available on the SEC's website [4]