InvestmentJun 30, 2026, 04:01 PM
Ticketplus Sets IPO Price Range $13-$15 for 1.79M Shares
AI Summary
Ticketplus Ltd. filed an amendment for its initial public offering, proposing to sell 1,786,000 Ordinary Shares at an estimated price range of $13.00 to $15.00 per share, aiming to raise approximately $22.3 million in net proceeds. The company plans to list on NYSE American under "TP". This follows strong unaudited Q1 2026 results, with revenue increasing 41.8% to $9.49 million and EBITDA expanding to $4.23 million.
Key Highlights
- Initial public offering of 1,786,000 Ordinary Shares.
- Estimated IPO price range between $13.00 and $15.00 per share.
- Expected net proceeds of approximately $22.3 million from the offering.
- Applied to list Ordinary Shares on NYSE American under the symbol "TP".
- Q1 2026 revenue increased 41.8% to $9.49 million from $6.69 million in Q1 2025.
- Q1 2026 EBITDA grew to $4.23 million from $2.26 million in Q1 2025.
- Secured a $2.6 million commercial loan from Banco Santander Chile in May 2026.
- Will issue 500,092 Ordinary Shares/RSUs to directors, CFO, advisors, and consultants.
Price Impact
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