Uni-Fuels Holdings Ltd

Uni-Fuels Holdings Ltd (UFG) priced its initial public offering on Jan 14, 2025 at $4.00 per share, raising $8.4M, and listed on Nasdaq Capital Market. At the IPO price its market capitalization was about $37.8M. R.F. Lafferty was lead-left underwriter. Ogier, Shook Lin & Bok and Loeb & Loeb advised the company and Ellenoff Grossman & Schole advised the underwriters.

Uni-Fuels Holdings Ltd is a Singapore-headquartered marine fuels solutions provider that markets, resells and brokers fuels such as VLSFO, HSFO and marine gas oil to shipping companies and fuel suppliers worldwide, plus related shipping services.

Status

IPO

Ticker

UFG

Exchange

Nasdaq Capital Market

Priced

Jan 14, 2025

IPO price

$4.00

Raised

$8.4M

Market cap at IPO price

$37.8M

First filed

Oct 28, 2024

Underwriters

R.F. Lafferty

Company counsel

Ogier, Shook Lin & Bok and Loeb & Loeb

Underwriters' counsel

Ellenoff Grossman & Schole

Sector

Consumer

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