Davis Commodities Launches $17 Million At-the-Market Share Offering with A.G.P.

An update from Davis Commodities Limited ( (DTCK) ) is now available.

On January 5, 2026, Davis Commodities Limited entered into a sales agreement with A.G.P/Alliance Global Partners to launch an at-the-market equity offering of its Class A ordinary shares, allowing the company to issue and sell shares from time to time with A.G.P. acting as sales agent and/or principal. The offering, registered under an existing Form F-3 shelf and supported by a prospectus supplement dated January 5, 2026, provides for the sale of up to $17 million of Class A ordinary shares, with a 4% commission payable to the agent and customary conditions, indemnities and termination rights, and is intended to fund general corporate purposes including operations, capital expenditures and business development, thereby enhancing the company’s financial flexibility and access to incremental equity capital.

The most recent analyst rating on (DTCK) stock is a Hold with a $0.23 price target. To see the full list of analyst forecasts on Davis Commodities Limited stock, see the DTCK Stock Forecast page.

Spark’s Take on DTCK Stock

According to Spark, TipRanks’ AI Analyst, DTCK is a Neutral.

The score is primarily weighed down by deteriorating profitability and negative free cash flow, supported only modestly by low leverage. Technicals add further pressure with a pronounced downtrend (price well below key moving averages and negative MACD). Valuation is also constrained by losses (negative P/E) and no dividend yield data.

To see Spark’s full report on DTCK stock, click here.

More about Davis Commodities Limited

Davis Commodities Limited, headquartered in Singapore and incorporated in the Cayman Islands, is a foreign private issuer listed on the Nasdaq Capital Market. The company operates under a structure that includes Class A ordinary shares and accesses U.S. capital markets via a shelf registration on Form F-3 to support its ongoing corporate and financing needs.

Average Trading Volume: 4,439,963

Technical Sentiment Signal: Sell

Current Market Cap: $7.82M

Find detailed analytics on DTCK stock on TipRanks’ Stock Analysis page.