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PTL Limited ( (PTLE) ) has shared an update.
PTL Limited, a company based in Singapore, has successfully closed a registered direct offering of its Class A Ordinary Shares on December 12, 2025. The offering involved the issuance of 60,000,000 shares at a price of US$0.04 per share, resulting in gross proceeds of approximately US$2.4 million. The company plans to use the funds for vessel acquisition, working capital, and general corporate purposes, which could enhance its operational capacity and market positioning.
More about PTL Limited
Average Trading Volume: 12,624,624
Technical Sentiment Signal: Strong Sell
Current Market Cap: $6.39M
Find detailed analytics on PTLE stock on TipRanks’ Stock Analysis page.