Captain Fresh withdraws IPO papers

Group 1 - Captain Fresh has put its IPO application on hold to expedite the closure of an acquisition, reportedly of Spanish tuna company Frime [1][2] - The company has received regulatory approval for the acquisition and is in the final steps of the transaction, which is expected to significantly enhance its global market position [2][3] - Captain Fresh has stated that its IPO roadmap remains unaffected and it is committed to its original listing timelines, planning to file a fresh IPO once the acquisition is completed [3] Group 2 - In the first six months of its 2026 financial year, Captain Fresh has substantially surpassed its previous full-year EBITDA and PAT, indicating significant margin expansion and a path of profitable growth [4] - Founded in 2020, Captain Fresh has evolved from a technology-driven platform to a branded seafood player, with a portfolio that includes shrimp, salmon, crab, and lobster [4][5] - The company has made several acquisitions, including CenSea and Ocean Garden, which have expanded its product offerings and market reach [5][6]