TechFlow, May 6 — According to Globenewswire, digital asset management platform Antalpha has officially announced the launch of its initial public offering (IPO) plan, intending to issue 3,850,000 ordinary shares, with an estimated price range between $11 and $13 per share.
Antalpha plans to grant underwriters a 30-day option to purchase up to an additional 577,500 ordinary shares to cover potential over-allotments. The company has applied for listing on the Nasdaq Global Market under the ticker symbol "ANTA".
A registration statement on Form F-1 related to the proposed shares has been filed with the U.S. Securities and Exchange Commission but has not yet become effective. These securities may not be sold, nor may offers to buy be accepted, prior to the time the registration statement becomes effective.
