Delixy Closes $8 Million Initial Public Offering

MT Newswires Live

Jul 10

Delixy (DLXY) said Thursday it has closed its initial public offering of 2 million ordinary shares at $4 per share.

The offering raised total gross proceeds of $8 million, consisting of nearly 1.4 million shares from the company and 650,000 shares from selling shareholders, Mega Origin and Novel Majestic.

The Singapore-based oil trader received a total of $5.4 million in gross proceeds, which it plans to use to support product offerings, general working capital and corporate purposes, among others.

The company also registered a prospectus for the resale of 3 million shares held by Cosmic Magnet, Rosywood Holdings, Dragon Circle, Novel Majestic Limited and Golden Legend Ventures.

Delixy's ordinary shares commenced trading on the Nasdaq Capital Market on Wednesday, under the ticker symbol "DLXY."

Shares of Delixy were down more than 9% in recent Thursday trading.

Price: 4.56, Change: -0.39, Percent Change: -7.88

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Most Discussed

{"basename":"","ssrTDKData":{"titleTemplate":"%s - Tiger Brokers","title":"Tiger Brokers | Global Stocks, Options & Futures Trading App","description":"Tiger Brokers, one-stop investment in US stocks, SGX stocks, HK stocks, A-shares & other global assets. One of the best stock trading platforms in Singapore.","keywords":"tiger brokers,tiger trade,tiger brokers singapore,broker online,stock trading in singapore,share trading singapore,brokerage firm singapore,trading app,stock broker singapore,stock trading platforms,trading account","social":{"ogDescription":"Tiger Brokers, one-stop investment in US stocks, SGX stocks, HK stocks, A-shares & other global assets. One of the best stock trading platforms in Singapore.","ogImage":"https://c1.itigergrowtha.com/portal5/static/media/og-logo.be62fbe1.png","ogUrl":"https://www.itiger.com/news/2550362258"},"companyName":"Tiger Brokers"},"pageData":{"isMobile":false,"isTiger":false,"isTTM":true,"region":"SGP","license":"TBSG","edition":"fundamental"},"isCrawlerRequest":true,"__swrFallback__":{"@#url:\"https://stock-news.skytigris.cn/v3/news\",params:#id:\"2550362258\",edition:\"fundamental\",auth_exemption:1,,,undefined,":{"share":"https://ttm.financial/m/news/2550362258?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2025-07-10 23:44","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"2550362258","market":"sg","top_or_hot":-1,"title":"Delixy Closes $8 Million Initial Public Offering","media":"MT Newswires Live","content":"<html><body><p> Delixy (DLXY) said Thursday it has closed its initial public offering of 2 million ordinary shares at $4 per share.</p><p>The offering raised total gross proceeds of $8 million, consisting of nearly 1.4 million shares from the company and 650,000 shares from selling shareholders, Mega Origin and Novel Majestic.</p><p>The Singapore-based oil trader received a total of $5.4 million in gross proceeds, which it plans to use to support product offerings, general working capital and corporate purposes, among others.</p><p>The company also registered a prospectus for the resale of 3 million shares held by Cosmic Magnet, Rosywood Holdings, Dragon <a href=\"https://laohu8.com/S/CRCL\">Circle</a>, Novel Majestic Limited and Golden Legend Ventures.</p><p>Delixy's ordinary shares commenced trading on the <a href=\"https://laohu8.com/S/NDAQ\">Nasdaq</a> Capital Market on Wednesday, under the ticker symbol \"DLXY.\"</p><p>Shares of Delixy were down more than 9% in recent Thursday trading.</p><p>Price: 4.56, Change: -0.39, Percent Change: -7.88</p></body></html>","source":"mtnewswires_news","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Delixy Closes $8 Million Initial Public Offering</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nDelixy Closes $8 Million Initial Public Offering\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1092851196\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://community-static.tradeup.com/news/3002d84abbd5ace3c99397c7f95b8d4e);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">MT Newswires Live </p>\n<p class=\"h-time\">2025-07-10 23:44</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><body><p> Delixy (DLXY) said Thursday it has closed its initial public offering of 2 million ordinary shares at $4 per share.</p><p>The offering raised total gross proceeds of $8 million, consisting of nearly 1.4 million shares from the company and 650,000 shares from selling shareholders, Mega Origin and Novel Majestic.</p><p>The Singapore-based oil trader received a total of $5.4 million in gross proceeds, which it plans to use to support product offerings, general working capital and corporate purposes, among others.</p><p>The company also registered a prospectus for the resale of 3 million shares held by Cosmic Magnet, Rosywood Holdings, Dragon <a href=\"https://laohu8.com/S/CRCL\">Circle</a>, Novel Majestic Limited and Golden Legend Ventures.</p><p>Delixy's ordinary shares commenced trading on the <a href=\"https://laohu8.com/S/NDAQ\">Nasdaq</a> Capital Market on Wednesday, under the ticker symbol \"DLXY.\"</p><p>Shares of Delixy were down more than 9% in recent Thursday trading.</p><p>Price: 4.56, Change: -0.39, Percent Change: -7.88</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"DLXY","symbol_name":"Delixy Holdings Ltd.","start_time":0,"source_url":"https://www.mtnewswires.com/","article_id":"2550362258","we_media_id":"1092851196","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2550362258","pubTimestamp":1752162254,"columns":[],"sourceInfo":{"source_id":"mtnewswires_news","name":"MT Newswires"},"weMediaInfo":{"media_name":"MT Newswires Live","introduction":"The most recognized names in North America, Europe and Asia rely on MT Newswires to power their applications. Better news, better service, better price.","home_visible":1,"id":"1092851196","head_image":"https://community-static.tradeup.com/news/3002d84abbd5ace3c99397c7f95b8d4e"},"summary":"Delixy  said Thursday it has closed its initial public offering of 2 million ordinary shares at $4 per share.The offering raised total gross proceeds of $8 million, consisting of nearly 1.4 million shares from the company and 650,000 shares from selling shareholders, Mega Origin and Novel Majestic.The Singapore-based oil trader received a total of $5.4 million in gross proceeds, which it plans to use to support product offerings, general working capital and corporate purposes, among others.The company also registered a prospectus for the resale of 3 million shares held by Cosmic Magnet, Rosywood Holdings, Dragon Circle, Novel Majestic Limited and Golden Legend Ventures.Delixy's ordinary shares commenced trading on the Nasdaq Capital Market on Wednesday, under the ticker symbol \"DLXY.\"Shares of Delixy were down more than 9% in recent Thursday trading.Price: 4.56, Change: -0.39, Percent Change: -7.88","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"DLXY":"Delixy Holdings Ltd."},"translate_title":"Delixy完成800万美元首次公开募股","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"DLXY":0.9},"content_text":"Delixy (DLXY) said Thursday it has closed its initial public offering of 2 million ordinary shares at $4 per share.The offering raised total gross proceeds of $8 million, consisting of nearly 1.4 million shares from the company and 650,000 shares from selling shareholders, Mega Origin and Novel Majestic.The Singapore-based oil trader received a total of $5.4 million in gross proceeds, which it plans to use to support product offerings, general working capital and corporate purposes, among others.The company also registered a prospectus for the resale of 3 million shares held by Cosmic Magnet, Rosywood Holdings, Dragon Circle, Novel Majestic Limited and Golden Legend Ventures.Delixy's ordinary shares commenced trading on the Nasdaq Capital Market on Wednesday, under the ticker symbol \"DLXY.\"Shares of Delixy were down more than 9% in recent Thursday trading.Price: 4.56, Change: -0.39, Percent Change: -7.88","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"1","news_tag":"","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":false,"code":"91000000","status":"200"}}}