Vantage Corp Announces IPO Details
Ticker: VNTG · Form: 6-K · Filed: Jun 13, 2025 · CIK: 2027160
| Field | Detail |
|---|---|
| Company | Vantage Corp (Singapore) (VNTG) |
| Form Type | 6-K |
| Filed Date | Jun 13, 2025 |
| Risk Level | medium |
| Sentiment | neutral |
Sentiment: neutral
Topics: ipo, underwriting, shares
TL;DR
Vantage Corp IPO set for $4/share, 3.25M shares.
AI Summary
Vantage Corp (Singapore) announced its initial public offering (IPO) on June 11, 2025, with plans to issue 3,250,000 Class A ordinary shares at $4.00 per share. The company entered into an underwriting agreement with Network 1 Financial Securities, Inc. as the representative for the underwriters.
Why It Matters
This filing details the terms of Vantage Corp's initial public offering, providing investors with key information about the share price and number of shares being offered.
Risk Assessment
Risk Level: medium — The company is undergoing an IPO, which inherently carries risks associated with market reception and valuation.
Key Numbers
- 3,250,000 — Class A Ordinary Shares (Offered in IPO)
- $4.00 — Price per Share (IPO Offering Price)
Key Players & Entities
- Vantage Corp (Singapore) (company) — Registrant
- Network 1 Financial Securities, Inc. (company) — Underwriter Representative
- June 11, 2025 (date) — Date of Underwriting Agreement
- 3,250,000 (dollar_amount) — Number of Class A Ordinary Shares
- $4.00 (dollar_amount) — Price per Class A Ordinary Share
FAQ
What is the total expected gross proceeds from the IPO before underwriting discounts and commissions?
The total expected gross proceeds would be 3,250,000 shares multiplied by $4.00 per share, totaling $13,000,000, before deducting underwriting discounts and commissions.
Who is acting as the representative for the underwriters in this IPO?
Network 1 Financial Securities, Inc. is acting as the representative for the several underwriters.
What type of shares are being offered in the IPO?
The company is offering Class A ordinary shares, par value $0.001 per share.
When was the underwriting agreement for the IPO entered into?
The underwriting agreement was entered into on June 11, 2025.
What is the SIC code for Vantage Corp?
The Standard Industrial Classification (SIC) code for Vantage Corp is 4731, which relates to the Arrangement of Transportation of Freight & Cargo.
Filing Details
This Form 6-K (Form 6-K) was filed with the SEC on June 13, 2025 regarding Vantage Corp (Singapore) (VNTG).