Pitanium Ltd

Pitanium Ltd (PTNM) priced its initial public offering on May 30, 2025 at $4.00 per share, raising $7M, and listed on Nasdaq Capital Market. At the IPO price its market capitalization was about $91M. Loeb Smith Attorneys, Loeb & Loeb and Tian Yuan advised the company and VCL Law advised the underwriters.

Pitanium Ltd operates a Hong Kong retailer selling its proprietary PITANIUM and BIG PI skincare and personal care brands online and through six retail stores in Hong Kong.

Status

IPO

Ticker

PTNM

Exchange

Nasdaq Capital Market

Priced

May 30, 2025

IPO price

$4.00

Raised

$7M

Market cap at IPO price

$91M

First filed

Feb 14, 2025

Company counsel

Loeb Smith Attorneys, Loeb & Loeb and Tian Yuan

Underwriters' counsel

VCL Law

Sector

Industrials & materials

Market cap at IPO price = shares outstanding after the offering (all classes, before the over-allotment option) × the IPO price, from the final prospectus.