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Stock impact report

Platinum Analytics Cayman Limited Announces Closing of Its Initial Public Offering and Full Exercise of Over Allotment

Platinum Analytics Cayman Limited - Class A Ordinary Shares (PLTS) 
Company Research Source: GlobeNewswire
Singapore, Sept. 22, 2025 (GLOBE NEWSWIRE) -- Platinum Analytics Cayman Limited (the “Company” or “PLTS”), a software developer specializing in the provision of FX trading software development solutions, data analytics solutions and technology development solutions to financial institutions with a strategic focus on serving Asia and other emergent markets, today announced the closing of its initial public offering (the “Offering”) of 2,300,000 Class A ordinary shares (the “Ordinary Shares”), which included the underwriters’ full exercise of their over-allotment option, at a public offering price of $4.00 per share for gross proceeds of $9,200,000, before deducting underwriting discounts and offering expenses. The Offering closed on September 22, 2025 and the Ordinary Shares commenced trading on the Nasdaq Capital Market on September 19, 2025, under the ticker symbol “PLTS”. The Offering was conducted on a firm commitment basis. Kingswood Capital Partners, LLC acted as the bookrunne Show less Read more
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