Fastest customizable press release news feed in the world
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
Hong Kong, Nov. 06, 2024 (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 that the underwriters of its previously announced initial public offering (the "Offering") have exercised their over-allotment option (the "Over-Allotment Option") in full to purchase an additional 187,500 ordinary shares at the public offering price of $4.00 per share, resulting in additional gross proceeds of $0.75 million. After giving effect to the full exercise of the Over-Allotment Option, the total number of ordinary shares sold by the Company in
Hong Kong, Oct. 17, 2024 (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 initial public offering (the "Offering") of 1,250,000 ordinary shares (the "Ordinary Shares"), at a price of $4.00 per Ordinary Share (the "Offering Price"). The Ordinary Shares commenced trading on the Nasdaq Capital Market on October 16, 2024 under the symbol "PTLE." The Company received aggregate gross proceeds of US$5 million from the Offering, before deducting underwriting discounts and other related expenses. In addition, the Comp
F-1/A - PTL Ltd (0002016337) (Filer)