Antalpha Platform Holding plans to launch a roadshow for future initial public offerings, offering 3,850,000 common stock at an expected price range of $11.00 to $13.00 per share.
IPOs submitted to Sec
Antalpha Platform Holding has announced the launch of the proposed initial public offering (IPO) roadshow. Bitmain’s major lending partner will offer 3,850,000 common stock with an expected price range of $11.00 to $13.00 per share.
Antalpha could raise approximately $50.5 million before considering potential over-allotting and other costs, according to the statement. We also expect to grant it to underwriters, Roth Capital Partners and Compass Point, a 30-day option to add 577,500 common stock. This over-allot option could bring the total potential IPO revenue to approximately $57.5 million if fully exercised.
The Fintech company has applied to list common stocks of Nasdaq Global Market under the ticker symbol Anta. Roth Capital Partners and Compass Point will serve as co-book running managers for the proposed offering, leading the process of selling stocks to potential investors.
Antalpha’s registration statement regarding Form F-1 relating to this proposed securities offering has been filed with the U.S. Securities and Exchange Commission (SEC) but has not yet been declared valid. This means that you cannot sell securities at present and accept offers to buy them.
According to the statement, the announcement of the IPO has been amended in accordance with Rule 134 under the Securities Act of 1933 and does not constitute an offer to offer to purchase these securities. Furthermore, prior to registration or eligibility under the securities laws of a particular state or jurisdiction, no sale of these securities will be made in any state or jurisdiction in which such offer, solicitation, or sale is illegal.
