Latest news with #JamesDever
Yahoo
3 days ago
- Business
- Yahoo
American Trust Investment Services Serves as Sole Underwriter for K-TECH Solutions Co., Ltd. IPO
Firm Expands Leadership in Capital Markets with Successful Nasdaq IPO Execution NEW YORK, July 16, 2025 /PRNewswire/ -- American Trust Investment Services, Inc. (ATIS) today announced the successful initial public offering (IPO) and Nasdaq debut of K-TECH Solutions Co., Ltd. (NASDAQ: KMRK). ATIS served as the sole underwriter for this transaction. Shares begin trading today on the Nasdaq Capital Market under the ticker symbol KMRK. The offering consists of 1,600,000 ordinary shares at a public offering price of $4.00 per share, generating gross proceeds of $6.4 million before underwriting discounts and offering expenses. The company has also granted the underwriter a 45-day option to purchase up to an additional 240,000 shares to cover over-allotments, if any. K-TECH Solutions Co., Ltd., headquartered in Hong Kong, specializes in the design, development, and sale of educational toys and learning kits. The company's products include a wide range of educational tools, from plastic building sets to electromechanical learning kits, serving customers across North America, Europe, and other markets. The net proceeds from the offering will be used as outlined in the company's prospectus, including product development, expansion of production capacity, and general corporate purposes. "This IPO reflects the continued strength of our capital markets platform and our commitment to delivering best-in-class execution for innovative, growth-oriented companies," said James Dever, Chief Executive Officer of ATIS. "We are proud to have partnered with K-TECH Solutions as they take this next step through a Nasdaq listing." "K-TECH is a strong example of the kind of entrepreneurial, operationally sound company we focus on supporting," added Ian Lippy, Chief Operating Officer of ATIS. "We are pleased to have played a key role in guiding this IPO and helping K-TECH access the public markets to fund its next phase of growth." ATIS continues to expand its investment banking platform, advising a diverse range of companies on IPOs, uplistings, and follow-on offerings, with a focus on thoughtful market strategies and execution excellence. About American Trust Investment Services, Inc. American Trust Investment Services, Inc. (ATIS) is a leading investment bank and financial services firm, providing tailored capital markets solutions for emerging and established companies. Headquartered in Chicago, with offices nationwide, ATIS offers a full suite of investment banking, brokerage, and advisory services. The firm is recognized for its hands-on approach and long track record of guiding businesses through complex financial transactions with integrity and expertise. For more information, visit Media & Company Contact:Ian E. LippyAmerican Trust Investment Services, Inc. (ATIS)media@ View original content to download multimedia: SOURCE American Trust Investment Services, Inc. Sign in to access your portfolio
Associated Press
3 days ago
- Business
- Associated Press
American Trust Investment Services Serves as Sole Underwriter for K-TECH Solutions Co., Ltd. IPO
Firm Expands Leadership in Capital Markets with Successful Nasdaq IPO Execution NEW YORK, July 16, 2025 /PRNewswire/ -- American Trust Investment Services, Inc. (ATIS) today announced the successful initial public offering (IPO) and Nasdaq debut of K-TECH Solutions Co., Ltd. (NASDAQ: KMRK). ATIS served as the sole underwriter for this transaction. Shares begin trading today on the Nasdaq Capital Market under the ticker symbol KMRK. The offering consists of 1,600,000 ordinary shares at a public offering price of $4.00 per share, generating gross proceeds of $6.4 million before underwriting discounts and offering expenses. The company has also granted the underwriter a 45-day option to purchase up to an additional 240,000 shares to cover over-allotments, if any. K-TECH Solutions Co., Ltd., headquartered in Hong Kong, specializes in the design, development, and sale of educational toys and learning kits. The company's products include a wide range of educational tools, from plastic building sets to electromechanical learning kits, serving customers across North America, Europe, and other markets. The net proceeds from the offering will be used as outlined in the company's prospectus, including product development, expansion of production capacity, and general corporate purposes. 'This IPO reflects the continued strength of our capital markets platform and our commitment to delivering best-in-class execution for innovative, growth-oriented companies,' said James Dever, Chief Executive Officer of ATIS. 'We are proud to have partnered with K-TECH Solutions as they take this next step through a Nasdaq listing.' 'K-TECH is a strong example of the kind of entrepreneurial, operationally sound company we focus on supporting,' added Ian Lippy, Chief Operating Officer of ATIS. 'We are pleased to have played a key role in guiding this IPO and helping K-TECH access the public markets to fund its next phase of growth.' ATIS continues to expand its investment banking platform, advising a diverse range of companies on IPOs, uplistings, and follow-on offerings, with a focus on thoughtful market strategies and execution excellence. About American Trust Investment Services, Inc. American Trust Investment Services, Inc. (ATIS) is a leading investment bank and financial services firm, providing tailored capital markets solutions for emerging and established companies. Headquartered in Chicago, with offices nationwide, ATIS offers a full suite of investment banking, brokerage, and advisory services. The firm is recognized for its hands-on approach and long track record of guiding businesses through complex financial transactions with integrity and expertise. For more information, visit Media & Company Contact: Ian E. Lippy American Trust Investment Services, Inc. (ATIS) [email protected] View original content to download multimedia: SOURCE American Trust Investment Services, Inc.
Yahoo
04-06-2025
- Business
- Yahoo
American Trust Investment Services Serves as Exclusive Placement Agent for Fly-E Group Inc.'s Follow-On Offering
Firm Supports Capital Raise to Advance Expansion in Electric Mobility NEW YORK, June 4, 2025 /PRNewswire/ -- American Trust Investment Services, Inc. (ATIS) is pleased to announce its role as the exclusive placement agent for Fly-E Group Inc. (NASDAQ: FLYE) in connection with the company's follow-on public offering. The offering consists of 28,595,553 shares of common stock and 57,191,106 warrants to purchase common stock, with a public offering price of $0.2428 per share and accompanying warrants, for expected gross proceeds of approximately $6.94 million, before deducting placement agent fees and offering expenses. Each share is being offered together with two five-year warrants, exercisable immediately at 120% of the offering price. Fly-E Group Inc. is a U.S.-based electric vehicle company focused on the design, distribution, and retail of smart electric motorcycles, e-bikes, scooters, and related accessories under the Fly E-Bike brand. The company currently operates more than 30 retail stores across the United States and has plans to expand into new international Markets. The net proceeds from the offering will be used to support inventory purchases, vehicle production, and general corporate purposes, as outlined in the company's registration Statement. "This is an exciting and important transaction for Fly-E," said James Dever, Chief Executive Officer of ATIS. "We're proud to support their mission and growth strategy as they scale operations and build market leadership in sustainable mobility." "This offering reflects our continued focus on partnering with founder-driven, high-growth companies," added Ian Lippy, Chief Operating Officer of ATIS. "We look forward to seeing Fly-E's expansion accelerate with the backing of new capital and committed investors." About American Trust Investment Services, Inc. American Trust Investment Services, Inc. (ATIS) is a leading investment bank and financial services firm, providing tailored capital markets solutions for emerging and established companies. Headquartered in Chicago, with offices nationwide, ATIS offers a full suite of investment banking, brokerage, and advisory services. The firm is recognized for its hands-on approach and long track record of guiding businesses through complex financial transactions with integrity and expertise. For more information, visit Media & Company Contact: Ian E. Lippy American Trust Investment Services, Inc. (ATIS) media@ View original content to download multimedia: SOURCE American Trust Investment Services, Inc.
