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FAST TRACK GROUP Responds to Inaccurate and Misleading Online Rumors Regarding Alleged Registered Direct Offering
GlobeNewswire News Room· 2025-06-25 12:30
Core Viewpoint - Fast Track Group denies claims of a $37 million registered direct offering, stating that these claims are false and without merit [1][2][3] Company Response - The company emphasizes that as of June 25, 2025, it has not announced, filed for, or entered into any such offering [2] - Fast Track urges the public to rely on official communications for accurate information, specifically through press releases and SEC filings [2][3] Commitment to Transparency - Fast Track is committed to addressing misinformation that may impact its investors and stakeholders [3] - The company encourages investors to review its official website and SEC's EDGAR database for reliable information [3] Company Overview - Fast Track Group, established in Singapore in 2012, is a leading entertainment-focused event management and celebrity agency [4] - The company has expanded across the Asia Pacific region, providing a range of services including media planning, PR management, and celebrity engagement consultancy [4]
FAST TRACK GROUP Announces Closing of $15 Million Initial Public Offering
Globenewswire· 2025-05-27 17:02
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]