Platinum Analytics Cayman Ltd

PLTS

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”.

Six IPOs debuted this week, raising a combined $2.7 billion; ten IPOs and six SPACs submitted initial filings. The IPO market is taking a breather, with no deals currently scheduled for the week ahead, though some smaller issuers may still price. Street research is expected for 4 companies in the week ahead, and 5 lock-up periods will be expiring.

Singapore, Sept. 19, 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 pricing of its initial public offering (the “Offering”) of 2,000,000 Class A ordinary shares (the “Ordinary Shares”) at a public offering price of $4.00 per share for gross proceeds of $8,000,000, before deducting underwriting discounts and offering expenses. The Ordinary Shares have been approved for listing on the Nasdaq Capital Market and are expected to commence trading on September 19, 2025, under the ticker symbol “PLTS”.