SINGAPORE, June 11, 2025 — Vantage Corp (“Vantage” or the “Company”), a shipbroking firm offering extensive services like brokerage, consulting, and operational assistance in the tanker industry, has announced the pricing of its initial public offering (the “Offering”). The offering consists of 3,250,000 Class A Ordinary Shares priced at $4.00 each, totaling $13 million in gross proceeds before accounting for underwriting discounts and other offering expenses.
Additionally, Vantage Corp has granted the underwriters the option to purchase up to 487,500 additional Class A Ordinary Shares at the IPO price within 45 days to cover potential over-allotments. The offering is anticipated to close around June 13, 2025, pending standard closing conditions.
Vantage Corp is offering all the Class A Ordinary Shares. The company plans to allocate the net proceeds from the offering to: (i) expand its global presence, including establishing new offices in the USA and Europe, (ii) recruit and develop talent, (iii) enhance digitalization and improve IT infrastructure, as well as further develop digital products like Opswiz, and (iv) provide working capital, invest in diversification, strengthen corporate structure, and for other general corporate purposes.
The Class A Ordinary Shares are expected to commence trading on the NYSE American under the ticker symbol “VNTG” on June 12, 2025.
Network 1 Financial Securities, Inc. is the sole managing underwriter and bookrunner for this initial public offering.
Loeb & Loeb LLP is serving as legal counsel to Vantage Corp, while Hunter Taubman Fischer & Li LLC is providing legal counsel to Network 1 Financial Securities, Inc. for the Offering.
A registration statement on Form F-1, as amended (File No. 333-282566), pertaining to the shares in the Offering, was filed with the U.S. Securities and Exchange Commission (“SEC”) and declared effective on June 11, 2025. The offering is being conducted solely through a prospectus. The final prospectus will be filed with the SEC and made available on its website at . Copies of the final prospectus can be obtained, when available, from Network 1 Financial Securities, Inc., The Galleria, 2 Bridge Avenue, Suite 241, Red Bank, NJ 07701.
This announcement is not an offer to sell or a solicitation of an offer to buy any securities, nor will there be any sale of these securities in any jurisdiction where such offer, solicitation, or sale would be unlawful before registration or qualification under the securities laws of that jurisdiction.
Forward-Looking Statements
This press release contains forward-looking statements as defined in the Private Securities Litigation Reform Act of 1995, including statements about the completion and timing of the Offering’s closing and the intended use of proceeds. These statements can be identified by words such as “anticipate,” “estimate,” “expect,” “project,” “plan,” “intend,” “believe,” “may,” “will,” “should,” “can have,” “likely,” and similar terms. These forward-looking statements reflect Vantage’s current expectations about future events and are subject to risks and uncertainties that could cause actual results to differ materially from those expressed or implied. These risks include, but are not limited to, uncertainties related to market conditions, the completion of the initial public offering on the anticipated terms or at all, and other factors described in the “Risk Factors” section of the registration statement filed with the SEC. Investors are cautioned not to place undue reliance on these forward-looking statements. Additional factors are discussed in the Company’s filings with the SEC, available at www.sec.gov. The Company does not undertake any obligation to update these forward-looking statements to reflect events or circumstances occurring after the date of this release.
About Vantage Corp
Vantage Corp, established in 2012 by five experienced shipbrokers, offers extensive shipbroking services, including operational support and consultancy, in the tanker markets, covering clean petroleum products (“CPP”) and petrochemicals, dirty petroleum products (“DPP”), biofuels, and vegetable oils. Vantage Corp also includes sales & projects, research/strategy, and IT teams. Over the years, Vantage has become a trusted intermediary, connecting oil companies, traders, shipowners, and commercial managers to ensure smooth cargo delivery, timely demurrage, and claim settlements. The Company currently operates in Singapore and Dubai. For more information, visit .
Investor Relations Contact:
John Yi and Steven Shinmachi
Gateway Group, Inc.
949-574-3860
VNTG@gateway-grp.com
