Corporate ActionJul 21, 2026, 05:16 PM
Ticketplus IPO: 1.875M Shares Priced $8.00-$10.00
AI Summary
Ticketplus Ltd. filed an amendment for its Initial Public Offering, planning to offer 1,875,000 ordinary shares at an estimated price range of $8.00 to $10.00 per share, with an application to list on NYSE American under "TP". The company, a live entertainment technology provider in Latin America, reported strong preliminary Q1 2026 results, with revenue up 41.8% and EBITDA up 87.9% year-over-year, alongside a new commercial loan and planned equity grants upon offering completion.
Key Highlights
- Offering 1,875,000 Ordinary Shares in initial public offering.
- Estimated IPO price range between $8.00 and $10.00 per share.
- Applied to list Ordinary Shares on NYSE American under symbol "TP".
- Q1 2026 revenue from ordinary activities increased 41.8% to $9,486,038.
- Q1 2026 gross profit margin expanded to 52.1% from 38.0% in Q1 2025.
- Q1 2026 EBITDA increased 87.9% to $4,234,133 from $2,263,977 in Q1 2025.
- Secured a new CLP$2.5 billion (approx. $2.6 million) commercial loan from Banco Santander Chile.
- Plans to issue 509,087 Ordinary Shares as restricted units and for services rendered.
Price Impact
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