Platinum Analytics Cayman prices $8M IPO, to begin trading on Nasdaq

* Platinum Analytics Cayman (PLTS [https://seekingalpha.com/symbol/PLTS]) priced its initial public offering at $4/share, offering 2M Class A ordinary shares for $8M in gross proceeds.
* The shares are approved for listing on the Nasdaq Capital Market and will begin trading on September 19, 2025, under the ticker “PLTS.”
* Underwriters have a 45-day option to purchase up to 300,000 additional shares to cover over-allotments.
* The IPO is expected to close on September 22, 2025.
* Net proceeds will be allocated as follows: ~$2.7M (40%) for R&D, ~$2.1M (30%) for marketing and sales expansion, and ~$2.0M (30%) for IT and license procurement.
* PLTS provides FX trading software, data analytics, and tech solutions, with a focus on Asia and emerging markets.
* Source: Press release [https://seekingalpha.com/pr/20238333-platinum-analytics-cayman-limited-announces-pricing-of-its-initial-public-offering]

MORE ON PLATINUM ANALYTICS CAYMAN LTD.

* Financial information for Platinum Analytics Cayman Ltd. [https://seekingalpha.com/symbol/PLTS/income-statement]