Core Viewpoint - Vantage Corp has successfully completed its initial public offering, raising approximately $13 million through the sale of 3,250,000 Class A Ordinary Shares at a price of $4.00 per share, with trading commencing on June 12, 2025 [1]. Group 1: Offering Details - The offering closed on June 13, 2025, and included a 45-day option for underwriters to purchase an additional 487,500 shares to cover over-allotments [2]. - The offering was conducted under a registration statement filed with the U.S. Securities and Exchange Commission (SEC) and was declared effective on June 11, 2025 [4]. Group 2: Company Overview - Vantage Corp, founded in 2012, specializes in shipbroking services, providing operational support and consultancy in the tanker market, including clean and dirty petroleum products, biofuels, and vegetable oils [7]. - The company operates in Singapore and Dubai, acting as a key intermediary between oil companies, traders, shipowners, and commercial managers [7].
Vantage Corp Announces Closing of $13 Million Initial Public Offering
Globenewswire·2025-06-13 18:15