PTLE

PTL LTD Ordinary Shares
PTLE
Market cap $114M

8.95 USD

+0.52

6.17%

At close Dec 20, 4:00 PM EST

After hours

8.87

-0.08

0.89%

1 day

6.17%

5 days

-5.59%

1 month

123.75%

3 months

116.18%

6 months

116.18%

Year to date

116.18%

1 year

116.18%

5 years

116.18%

10 years

116.18%

About: PTL Ltd is a holding company. Through its subsidiaries, it is an established bunkering facilitator providing marine fuel logistics services for vessel refuelling, primarily serving the Asia Pacific market. As a bunker facilitator, the Group's services mainly involve facilitating with its suppliers to supply fuel for the use by the customers' vessels at various ports along their voyages in the Asia Pacific region; arranging vessel refuelling activities at competitive pricing to the customers; offering trade credit to the customers for vessel refuelling; handling unforeseeable circumstances faced by the customers and providing contingency solutions to the customers in a timely manner; and handling disputes, mainly in relation to quality and quantity issues on marine fuel, if any.

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Funds holding %

of 6,809 funds

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Analysts bullish %

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Financial journalist opinion

PTL Limited Announced Full Exercise of Underwriter's Over-Allotment Option

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 the Offering increased to 1,437,500 ordinary shares and the gross proceeds increased to $5.75 million, before deducting underwriting discounts and other related expenses. The Over-Allotment Option closing date was November 6, 2024. The ordinary shares began trading on the Nasdaq Capital Market October 16, 2024 under the symbol “PTLE.”

PTL Limited Announced Full Exercise of Underwriter's Over-Allotment Option

U.S. IPO Weekly Recap: Small Issuers Keep The October IPO Market Moving

Four very small Asian issuers listed in the US this past week; offerings raised just $26 million combined. Two Singapore companies completed US IPOs, both of which priced their offerings at the low end. One major offering is set to liven up an otherwise quiet week for the IPO market.

U.S. IPO Weekly Recap: Small Issuers Keep The October IPO Market Moving

PTL Limited Announces Closing of Initial Public Offering

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”).

PTL Limited Announces Closing of Initial Public Offering

PTL Limited Announces Pricing of $5 million Initial Public Offering and Listing on Nasdaq

Hong Kong, Oct. 15, 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 pricing 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”).

PTL Limited Announces Pricing of $5 million Initial Public Offering and Listing on Nasdaq

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