QUANTAS Advantage Inc IPO oversubscribed
Business
Finance
June 10, 2026
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KINGSTON, Jamaica — QUANTAS Advantage Inc’s initial public offering (IPO) has been oversubscribed as it garnered more than $2.38 billion in investor subscriptions.
The Barbadian investment company sought to raise between US$9.38 million to US$15.47 million ($1.52 billion to $2.50 billion) over one month.
According to a release, the company upsized its offer and had 97 per cent uptake of the total 134,058,691 ordinary shares that were available on offer. There were 2,204 applications in the IPO.
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