Uni-Fuels Holdings Announces $4 IPO for 2.1M Shares
Ticker: UFG · Form: 6-K · Filed: Jan 16, 2025 · CIK: 2021688
Sentiment: bullish
Topics: ipo, underwriting, shares
TL;DR
Uni-Fuels Holdings is going public with a $4 share IPO, raising capital via R. F. Lafferty & Co.
AI Summary
Uni-Fuels Holdings Limited announced on January 13, 2025, that it entered into an underwriting agreement with R. F. Lafferty & Co., Inc. for its initial public offering (IPO). The IPO involves the sale of 2,100,000 Class A ordinary shares at a price of $4.00 per share.
Why It Matters
This filing signals Uni-Fuels Holdings' upcoming public debut, which could provide the company with capital for expansion and increase its visibility in the market.
Risk Assessment
Risk Level: medium — The company is undergoing an IPO, which inherently carries risks associated with market reception and execution, and it is a foreign private issuer.
Key Numbers
- 2,100,000 — Class A Ordinary Shares (Offered in the IPO)
- $4.00 — Price per Share (IPO offering price)
Key Players & Entities
- Uni-Fuels Holdings Limited (company) — Registrant
- R. F. Lafferty & Co., Inc. (company) — Underwriter Representative
- January 13, 2025 (date) — Date of Underwriting Agreement
- 2,100,000 (dollar_amount) — Number of Class A Ordinary Shares in IPO
- $4.00 (dollar_amount) — Price per Class A Ordinary Share
FAQ
What is the total expected gross proceeds from the IPO?
The filing states 2,100,000 Class A ordinary shares are offered at $4.00 per share, suggesting gross proceeds of $8,400,000.
Who is the primary underwriter for this IPO?
R. F. Lafferty & Co., Inc. is acting as the representative of the underwriters.
What type of shares are being offered in the IPO?
The IPO involves the offering of Class A ordinary shares.
When was the underwriting agreement signed?
The underwriting agreement was entered into on January 13, 2025.
Where is Uni-Fuels Holdings Limited's principal executive office located?
The company's principal executive office is located at 15 Beach Road, Beach Centre #05-07, Singapore 189677.
Filing Stats: 668 words · 3 min read · ~2 pages · Grade level 12.4 · Accepted 2025-01-16 06:10:35
Key Financial Figures
- $0.0001 — ,000 Class A ordinary shares, par value $0.0001 per share (the “ Class A Ordinary
- $4 — rdinary Shares ”), for a price of $4 per share, less certain underwriting di
- $8,400,000 — per share, generating gross proceeds of $8,400,000. The IPO was conducted on a firm commit
- $5 — Ordinary Shares at a per share price of $5 (the “ Representative’s War
Filing Documents
- form6-k.htm (6-K) — 24KB
- ex4-1.htm (EX-4.1) — 131KB
- ex10-1.htm (EX-10.1) — 313KB
- ex99-1.htm (EX-99.1) — 14KB
- ex99-2.htm (EX-99.2) — 14KB
- ex99-1_001.jpg (GRAPHIC) — 3KB
- ex99-2_001.jpg (GRAPHIC) — 10KB
- 0001493152-25-002461.txt ( ) — 517KB
SIGNATURES
SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized. UNI-FUELS HOLDINGS LIMITED Date: January 16, 2025 By: /s/ Koh Kuan Hua Name: Koh Kuan Hua Title: Chief Executive Officer