UNITED STATES | |
SECURITIES AND EXCHANGE COMMISSION | |
Washington, D.C. 20549 | |
Notice of Effectiveness | |
Effectiveness Date: | March 31, 2025 4:30 P.M. |
Form: | F-1 | ||||||
|
UNITED STATES | |
SECURITIES AND EXCHANGE COMMISSION | |
Washington, D.C. 20549 | |
Notice of Effectiveness | |
Effectiveness Date: | March 31, 2025 4:30 P.M. |
Form: | F-1 | ||||||
|
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Hong Kong, July 24, 2025 (GLOBE NEWSWIRE) -- PTL Limited (NASDAQ:PTLE) ("PTL" or the "Company") today announced that on July 18, 2025, the Company received a notice from the staff of the Nasdaq Listing Qualifications department (the "Staff") of the Nasdaq Stock Market LLC ("Nasdaq") stating that it is currently not in compliance with the minimum market value of listing securities (the "MVLS") of US$35 million for continued listing of the Company's class A ordinary shares of no par value each (the "Class A Ordinary Shares") on the Nasdaq Capital Market, as set forth in Nasdaq Listing Rule 5550(b)(2) (the "MLVS Requirement"). Nasdaq calculates the MVLS based upon the most recent total share
Hong Kong, April 11, 2025 (GLOBE NEWSWIRE) -- PTL Limited (NASDAQ:PTLE) (the "Company"), an established bunkering facilitator providing marine fuel logistics services for vessel refueling, serving the Asia Pacific market, today announced the closing of its public offering (the "Offering") of 23,800,000 ordinary shares at a public offering price of $0.30 per ordinary share. Gross proceeds, before deducting placement agent fees and other offering expenses, were approximately $7.14 million. Revere Securities LLC acted as exclusive placement agent in connection with the Offering. Pacific Century Securities, LLC acted as advisor to the Company in connection with the Offering. Ortoli Rosensta
Hong Kong, April 09, 2025 (GLOBE NEWSWIRE) -- PTL Limited (NASDAQ:PTLE) (the "Company"), an established bunkering facilitator providing marine fuel logistics services for vessel refueling, serving the Asia Pacific market, today announced the pricing of its public offering ("Offering") of 23,800,000 ordinary shares at a public offering price of $0.30 per ordinary share. Gross proceeds, before deducting placement agent fees and other offering expenses, are expected to be approximately $7.14 million. The Offering is expected to close on April 10, 2025, subject to customary closing conditions. Revere Securities LLC is acting as exclusive placement agent in connection with the Offering. Ort