Delixy Holdings Ltd. (DLXY) stock is soaring 5.00% in intraday trading on Wednesday, marking a strong debut on the Nasdaq Capital Market. The surge comes as the Singapore-based oil trader priced its initial public offering (IPO) at $4 per share, offering a total of 2 million ordinary shares to the public.
The IPO consists of approximately 1.4 million shares from the company and 650,000 shares from selling shareholders, Mega Origin and Novel Majestic. Delixy Holdings expects to receive gross proceeds of about $5.4 million from the offering. The company plans to use these funds to expand its product offerings, strengthen its market position, pursue potential acquisitions and partnerships, and support general working capital and corporate needs.
The strong market reception to Delixy's IPO reflects investor confidence in the company's growth prospects. Trading under the ticker "DLXY," the stock's impressive 5% gain on its first day suggests that market participants are optimistic about the oil trader's future in the public markets. The IPO's closing is expected to occur on or about July 10, subject to customary closing conditions.
免责声明:投资有风险,本文并非投资建议,以上内容不应被视为任何金融产品的购买或出售要约、建议或邀请,作者或其他用户的任何相关讨论、评论或帖子也不应被视为此类内容。本文仅供一般参考,不考虑您的个人投资目标、财务状况或需求。TTM对信息的准确性和完整性不承担任何责任或保证,投资者应自行研究并在投资前寻求专业建议。