Platinum Analytics Cayman Limited Announces Pricing of Its Initial Public Offering

Rhea-AI Summary

Platinum Analytics Cayman Limited (NASDAQ:PLTS), a software developer specializing in FX trading solutions and data analytics for financial institutions in Asia and emerging markets, has announced the pricing of its initial public offering.

The company is offering 2,000,000 Class A ordinary shares at $4.00 per share, aiming to raise $8 million in gross proceeds. Trading will commence on September 19, 2025, under the symbol "PLTS". Underwriters have a 45-day option to purchase up to 300,000 additional shares.

The net proceeds will be allocated as follows: 40% ($2.7M) for R&D, 30% ($2.1M) for marketing and sales expansion, and 30% ($2.0M) for IT infrastructure and financial licenses.

Positive

• IPO will raise $8 million in gross proceeds to fund growth initiatives
• Clear allocation strategy for proceeds with focus on R&D and expansion
• Strategic positioning in growing Asian and emerging markets
• Listing on NASDAQ provides increased visibility and access to capital markets

Negative

• Relatively small IPO size of $8 million may limit growth potential
• High concentration of funds (40%) needed for R&D suggests significant development costs
• Potential dilution from 300,000 share over-allotment option

Insights

IPO and Capital Markets Specialist

Platinum Analytics prices modest $8M IPO at $4/share, focusing proceeds on R&D and expansion in emerging markets.

Platinum Analytics' $8 million IPO represents a relatively small public debut in the fintech space. The $4 per share pricing and modest $8 million raise suggests a cautious market approach and reflects the company's current size and valuation expectations. The firm commitment underwriting structure provides more certainty around the capital raise compared to best-efforts offerings.

The company's allocation of proceeds reveals its strategic priorities: 40% for R&D indicates a strong focus on product development, while 30% each for sales/marketing expansion and IT/licensing infrastructure demonstrates a balanced growth approach. This allocation is reasonable for a fintech company at this stage, particularly one targeting emerging markets where both product adaptation and market penetration require significant investment.

The inclusion of a 15% over-allotment option ($1.2 million potential additional capital) is standard practice, allowing underwriters to satisfy excess demand if it materializes. The underwriter, Kingswood Capital Partners, is a smaller boutique investment bank, which aligns with the offering size and suggests the deal is appropriately matched to market capacity.

For Platinum Analytics, this IPO provides essential growth capital and public market access, though the relatively small size may limit institutional investor interest and potentially result in lower trading liquidity initially. The company's focus on emerging markets in Asia represents both opportunity and challenge - accessing high-growth regions while navigating regulatory complexities and competitive dynamics in financial technology markets that are rapidly evolving.

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”.

The Company has granted the underwriters an option, within 45 days from the closing date of the Offering, to purchase up to an additional 300,000 Ordinary Shares at the public offering price, less underwriting discounts, to cover the over-allotment option, if any.

The Offering is expected to close on September 22, 2025, subject to the satisfaction of customary closing conditions.

The Offering is being conducted on a firm commitment basis. Kingswood Capital Partners, LLC is acting as the bookrunner and representative of the underwriters for the Offering.

The Company intends to use $2.7 million, which is expected to be approximately 40% of the net proceeds from this Offering, for research and development purposes; $2.1 million, which is expected to be approximately 30% of the net proceeds, for the expansion of its marketing and sales team; and $2.0 million, which is expected to be approximately 30% of the net proceeds, for procurement of IT facilitate and financial licenses.

A registration statement on Form F-1 (File No. 333-287134) relating to the Offering, as amended, has been filed with the U.S. Securities and Exchange Commission (the “SEC”) and was declared effective by the SEC on September 18, 2025. The Offering is being made only by means of a prospectus. Copies of the final prospectus related to the Offering, when available, may be obtained from Kingswood Capital Partners, LLC at 11440 W. Bernardo Ct., Suite 300, San Diego, CA 92127, or via email lciervo@kingswoodus.com, or telephone at (561) 961-0505. In addition, a copy of the final prospectus can also be obtained via the SEC’s website at www.sec.gov.

Before you invest, you should read the prospectus and other documents the Company has filed or will file with the SEC for more information about the Company and the Offering. This press release shall not be constituted as an offer to sell or the solicitation of an offer to buy the securities described herein, nor shall there be any sale of these securities in any state or jurisdiction in which such offer, solicitation, or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction.

About Platinum Analytics Cayman Limited

Established in 2017 in Singapore, Platinum Analytics Cayman Limited, through its wholly-owned Singapore subsidiary, Platinum Analytics Singapore Pte. Ltd., develops FX trading software, data analytics, and technology solutions for financial institutions, focusing on Asia and other emergent markets. Supported by the Monetary Authority of Singapore (MAS), it addresses rapid growth in currency trade volumes, complex cross‑border transactions, and emerging market volatility.

The Company operates the Platinum ECN spot FX trading platform for institutional and enterprise clients. Its products – Platinum AI, Platinum ECN, and Platinum Smart Trade – deliver scalable, flexible, AI‑driven, low‑latency trading and analytics. For more information, please visit: www.platinumanalytics.net.

Forward-Looking Statement

This press release contains forward-looking statements. Forward-looking statements include statements concerning plans, objectives, goals, strategies, future events or performance, and underlying assumptions and other statements that are other than statements of historical facts. When the Company uses words such as “may, “will, “intend,” “should,” “believe,” “expect,” “anticipate,” “project,” “estimate” or similar expressions that do not relate solely to historical matters, it is making forward-looking statements. These forward-looking statements include, without limitation, the Company's statements regarding the expected trading of its Ordinary Shares on the Nasdaq Capital Market and the closing of the Offering. Forward-looking statements are not guarantees of future performance and involve risks and uncertainties that may cause the actual results to differ materially from the Company's expectations discussed in the forward-looking statements. These statements are subject to uncertainties and risks including, but not limited to, the uncertainties related to market conditions and the completion of the initial public offering on the anticipated terms or at all, and other factors discussed in the “Risk Factors” section of the registration statement filed with the SEC. For these reasons, among others, investors are cautioned not to place undue reliance upon any forward-looking statements in this press release. Additional factors are discussed in the Company's filings with the SEC, which are available for review at www.sec.gov. The Company undertakes no obligation to publicly revise these forward-looking statements to reflect events or circumstances that arise after the date hereof.

For more information, please contact:

Underwriters

Kingswood Capital Partners, LLC
+1 (561) 961 0505
lciervo@kingswoodus.com

Investor Relations

WFS Investor Relations Inc.
Connie Kang
Partner
Email: ckang@wealthfsllc.com
Tel: +86 1381 185 7742 (CN)

FAQ

What is the IPO price for Platinum Analytics (PLTS) shares?

Platinum Analytics has priced its IPO at $4.00 per share, offering 2,000,000 Class A ordinary shares to raise $8 million in gross proceeds.

When will PLTS stock start trading on NASDAQ?

PLTS shares are scheduled to begin trading on the Nasdaq Capital Market on September 19, 2025.

How will Platinum Analytics use its IPO proceeds?

The company will allocate 40% ($2.7M) for R&D, 30% ($2.1M) for marketing and sales team expansion, and 30% ($2.0M) for IT infrastructure and financial licenses.

Who is the underwriter for the PLTS IPO?

Kingswood Capital Partners, LLC is acting as the bookrunner and representative of the underwriters for the offering.

What is Platinum Analytics' main business focus?

Platinum Analytics specializes in FX trading software development, data analytics solutions, and technology development solutions for financial institutions, focusing on Asian and emerging markets.