Platinum Analytics Cayman Ltd

Platinum Analytics Cayman Ltd (PLTS) priced its initial public offering on Sep 19, 2025 at $4.00 per share, raising $8M, and listed on Nasdaq Capital Market. At the IPO price its market capitalization was about $43.6M. Kingswood was lead-left underwriter. Loeb & Loeb, Ogier, Drew & Napier and AllBright advised the company and Ellenoff Grossman & Schole advised the underwriters.

Platinum Analytics Cayman Ltd operates through Platinum Singapore, a software developer founded in 2017 that provides FX trading software development, data analytics and technology development solutions to financial institutions, focusing on Asia and other emerging markets.

Status

IPO

Ticker

PLTS

Exchange

Nasdaq Capital Market

Priced

Sep 19, 2025

IPO price

$4.00

Raised

$8M

Market cap at IPO price

$43.6M

First filed

May 9, 2025

Underwriters

Kingswood

Company counsel

Loeb & Loeb, Ogier, Drew & Napier and AllBright

Underwriters' counsel

Ellenoff Grossman & Schole

Sector

Technology

Country / state

Singapore

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