HDB's $1.5 billion initial public offering, one of India’s biggest this year, sold out amid demand from wealthy investors seeking to buy a piece of the shadow-lending unit of the country’s top private bank https://t.co/PsHG069vVq ...

Group 1 - The Company, FIGX Capital Acquisition Corp., announced the pricing of its initial public offering (IPO) of 13,100,000 units, expected to trade on Nasdaq under the ticker symbol "FIGXU" starting June 27, 2025 [1] - Each unit consists of one Class A ordinary share and one-half of a redeemable warrant, with the whole warrant allowing the purchase of one Class A ordinary share at $11.50 per share [1] - The offering is expected to close on June 30, 2025, and includes a 45-day option for underwriters to purchase an additional 1,965,000 units to cover over-allotments [1] Group 2 - The Company is a blank check company formed to effect mergers, amalgamations, share exchanges, asset acquisitions, and similar business combinations, primarily focusing on the financial industry group (FIG Sector) [2] - The Company aims to identify differentiated private wealth/asset managers that can evolve into multi-asset fund managers with diversified distribution channels and global market presence [2] Group 3 - The management team includes Lou Gerken as CEO and Chairman, Jide James Zeitlin as Vice Chairman, and Mike Rollins as CFO, with additional board members [3] - Cantor Fitzgerald & Co. is acting as the sole book-running manager for the offering [3]

Core Viewpoint - Kandal M Venture Limited has successfully closed its initial public offering, raising $8.0 million by offering 2,000,000 Class A ordinary shares at a price of $4.00 per share, with plans to expand its market reach and enhance production capabilities [1][4]. Company Overview - Kandal M Venture Limited is a contract manufacturer specializing in affordable luxury leather goods, with manufacturing operations based in Cambodia. The company primarily produces various types of handbags and smaller leather goods such as wallets [7]. Offering Details - The initial public offering consisted of 2,000,000 Class A ordinary shares priced at $4.00 each, resulting in gross proceeds of $8.0 million before expenses [1]. - The company has granted underwriters a 45-day option to purchase an additional 300,000 Class A ordinary shares at the offering price [2]. - The offering was conducted on a firm commitment basis, with Dominari Securities LLC as the lead underwriter and Revere Securities LLC as the co-underwriter [3]. Use of Proceeds - The net proceeds from the offering will be utilized for several strategic initiatives, including: - Expanding the customer base by entering key European markets - Enhancing production capacity - Establishing a new design and development center to improve product development capabilities - Providing additional working capital and general corporate purposes [1]. Regulatory Information - A registration statement on Form F-1 was filed with the U.S. Securities and Exchange Commission (SEC) and was declared effective on June 23, 2025. The final prospectus was filed on June 25, 2025, and is available on the SEC's website [4].

Core Viewpoint - Jefferson Capital, Inc. has announced the pricing of its initial public offering (IPO) of 10,000,000 shares at $15.00 per share, with a significant portion of shares being offered by existing stockholders [1][2]. Group 1: IPO Details - The IPO consists of 625,000 shares offered by Jefferson Capital and 9,375,000 shares offered by existing stockholders [1]. - Underwriters have a 30-day option to purchase up to 1,500,000 additional shares at the IPO price [1]. - The offering is expected to close on June 27, 2025, subject to customary closing conditions [2]. Group 2: Trading Information - Jefferson Capital's common stock is set to begin trading on the Nasdaq Global Select Market under the ticker symbol "JCAP" on June 26, 2025 [2]. Group 3: Underwriters - Jefferies and Keefe, Bruyette & Woods are acting as joint-lead book-running managers for the offering, with several other firms participating as book-running managers and co-managers [3]. Group 4: Company Background - Jefferson Capital, founded in 2002, specializes in purchasing and managing charged-off and insolvency consumer accounts, operating in multiple countries including the U.S., Canada, the U.K., and Latin America [7]. - The company services both secured and unsecured assets and has a diverse client base that includes Fortune 500 companies, banks, and fintech platforms [7].

Company Overview - Axiom Intelligence Acquisition Corp 1 is a blank check company formed to effect a merger, amalgamation, share exchange, asset acquisition, share purchase, reorganization, or similar business combination with one or more businesses [2] - The company intends to focus its initial search on companies in the European infrastructure industry [2] - The management team includes Richard Dodd (Executive Chairman), Douglas Ward (CEO), Daniel Mamadou-Blanco (President), Rob Dilling Jr. (CFO), and Chris Ackermann (COO), along with independent directors and senior advisers [2] Initial Public Offering (IPO) Details - The company announced the pricing of its IPO of 17,500,000 units at a price of $10.00 per unit, with trading set to begin on June 18, 2025 [1] - Each unit consists of one Class A ordinary share and one right to receive one-tenth (1/10) of one Class A ordinary share upon the consummation of the initial business combination [1] - The offering is expected to close on or about June 20, 2025, subject to customary closing conditions, and underwriters have a 45-day option to purchase an additional 2,625,000 units [1] Underwriters - Cohen & Company Capital Markets acted as the lead book-running manager for the offering, while Seaport Global Securities LLC served as the joint book-runner [3]

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].

HONG KONG, June 02, 2025 (GLOBE NEWSWIRE) -- Pitanium Limited (Nasdaq: PTNM) (“Pitanium” or the “Company”), a company that retails its proprietary brand focusing on beauty and personal care products, announced today that it closed its initial public offering of 1,750,000 Class A ordinary shares (the “Class A Ordinary Shares”) at $4.00 per Class A Ordinary Share (the “Offering”). Cathay Securities, Inc. acted as the sole underwriter to the Offering (the “Underwriter”). The Company granted the Underwriter a 4 ...

Company Overview - Siddhi Acquisition Corp. is a blank check company incorporated in the Cayman Islands, aimed at effecting mergers, share exchanges, asset acquisitions, share purchases, recapitalizations, reorganizations, or similar business combinations with one or more businesses [5] IPO and Trading Information - Starting June 4, 2025, holders of units from the initial public offering can separately trade the Company's ordinary shares and rights [1] - The ordinary shares and rights will trade on The Nasdaq Global Market under the symbols "SDHI" and "SDHIR," respectively, while units that are not separated will continue to trade under the symbol "SDHIU" [2] - No fractional rights will be issued upon separation, only whole rights will be traded [2] Regulatory Information - The offering of the units was conducted via a prospectus, with copies available from Santander US Capital Markets LLC [3] - A registration statement on Form S-1 relating to these securities was filed with the SEC and declared effective on March 31, 2025 [3]

SINGAPORE, May 27, 2025 (GLOBE NEWSWIRE) -- FAST TRACK GROUP (NASDAQ: FTRK) (“Fast Track” or the “Company”), a leading entertainment-focused event management and celebrity agency company, today announced the closing of its initial public offering of 3,750,000 ordinary shares (the “Ordinary Shares”) at a public offering price of $4.00 per share, for aggregate gross proceeds of approximately $15 million, prior to deducting underwriting discounts and other offering expenses. The Company’s Ordinary Shares began ...

NEW YORK, May 20, 2025 /PRNewswire/ -- ProCap Acquisition Corp (the "Company") announced today the pricing of its upsized initial public offering of 22,000,000 units at a price of $10.00 per unit. The units are expected to be listed on The Nasdaq Stock Market LLC ("Nasdaq") and begin trading tomorrow, May 21, 2025, under the ticker symbol "PCAPU." Each unit consists of one Class A ordinary share and one-third of one redeemable warrant, with each whole warrant entitling the holder thereof to purchase one Cla ...