Toppoint Holdings Inc.

Toppoint Holdings Inc. (TOPP) priced its initial public offering on Jan 22, 2025 at $4.00 per share, within its $4.00–$6.00 range, raising $10M, and listed on NYSE American. At the IPO price its market capitalization was about $70M. A.G.P. was lead-left underwriter. Bevilacqua advised the company and Loeb & Loeb advised the underwriters.

Toppoint Holdings Inc. is a truckload services provider focused on the recycling export supply chain, mainly moving waste paper, scrap metal and wooden logs to ports in Newark and Philadelphia. It operates in the New Jersey and Pennsylvania regional trucking market.

Status

IPO

Ticker

TOPP

Exchange

NYSE American

Priced

Jan 22, 2025

IPO price

$4.00

Price range

$4.00–$6.00

Raised

$10M

Market cap at IPO price

$70M

First filed

Aug 12, 2024

Underwriters

A.G.P.

Company counsel

Bevilacqua

Underwriters' counsel

Loeb & Loeb

Sector

Transportation

Country / state

PA

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