SINGAPORE, May 14, 2025 – Antalpha Platform Holding Company (“Antalpha” or the “Company”) announced today the pricing of its initial public offering of 3,850,000 ordinary shares at $12.80 each. The shares have been approved for listing and are expected to commence trading on the Nasdaq Global Market on May 14, 2025, under the ticker “ANTA.” The offering is anticipated to close on May 15, 2025, contingent upon standard closing conditions.
The underwriters have been granted a 30-day option by Antalpha to buy up to 577,500 additional ordinary shares to cover potential over-allotments related to the offering.
Antalpha anticipates gross proceeds of approximately US$49.3 million from the offering, or around US$56.7 million if the underwriters fully exercise their over-allotment option, before accounting for underwriting discounts and offering expenses. The company plans to use the net proceeds for general corporate purposes, potentially including investments in product development, sales and marketing, technology infrastructure, capital expenditures, global expansion, and other administrative matters. Funds may also be used for loan operations and customer funding needs, aiming to expedite fund flow and enhance customer experience. Furthermore, Antalpha may invest in complementary technologies, solutions, or businesses, although no current commitments or agreements exist for any acquisition or investment. Lastly, the company intends to invest in Bitcoin and gold (in digital form) as part of its treasury management strategy.
Roth Capital Partners and Compass Point are serving as joint book-running managers for the offering.
The offering is being conducted solely through a prospectus that is part of the effective registration statement. When available, copies of the final prospectus can be accessed on the SEC’s website via EDGAR at www.sec.gov. Alternatively, copies of the final prospectus, when available, can be obtained from: Roth Capital Partners, LLC, 888 San Clemente Drive, Suite 400, Newport Beach, CA 92660 Attn: Prospectus Department, by phone: (800) 678-9147, or by email at ; or Compass Point Research & Trading, LLC, Attention: Syndicate, 1055 Thomas Jefferson Street, N.W. Suite 303, Washington, D.C. 20007, or by email to: .
The SEC has filed and declared effective a registration statement on Form F-1 related to the offering of these securities. This press release is issued in compliance with Rule 134 under the Securities Act of 1933, as amended, and does not constitute an offer to sell or a solicitation of an offer to buy these securities. Furthermore, no sale of these securities will occur in any state or jurisdiction where such offer, solicitation, or sale would be unlawful before registration or qualification under the securities laws of that state or jurisdiction.
About Antalpha
Antalpha is a leading crypto fintech company focused on providing liquidity and risk management solutions to institutional Bitcoin miners. Serving as Bitmain’s primary lending partner, Antalpha provides supply chain and margin loans through its Antalpha Prime platform. This technology enables customers to originate and manage their digital asset loans and monitor collateral positions with near real-time data.
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Safe Harbor Statement
This press release includes forward-looking statements protected by the safe harbor provisions of the U.S. Private Securities Litigation Reform Act of 1995. These statements are identifiable by terms such as “will,” “expects,” “anticipates,” “aims,” “future,” “intends,” “plans,” “believes,” “estimates,” “likely to,” and similar expressions. Forward-looking statements encompass statements that are not historical facts, including those concerning Antalpha’s beliefs, plans, and expectations, and are subject to inherent risks and uncertainties. Detailed information about these and other risks can be found in Antalpha’s filings with the SEC. All information in this press release is current as of its date, and Antalpha undertakes no obligation to update any forward-looking statement, except as required by law.
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