- | Fruitas Holdings, Inc. to raise up to P1.2b from share sale by December |
- | It has filed with SEC for the sale of up to 533.66 million common shares at a maximum of P1.99 each |
- | Fruitas expects to net up to P1.06 billion from the offering, which is set to finance its store expansion |
| Another IPO to wait ans see |
FRUITAS Holdings, Inc. looks to raise up to P1.2 billion from a maiden share sale by December, joining the roster of companies seeking to go public in 2019.
In a statement issued Monday, the food and beverage kiosk operator said it has filed a registration statement with the Securities and Exchange Commission (SEC) for the sale of up to 533.66 million common shares, plus an over-allotment option of up to 68.34 million common shares, at a maximum of P1.99 each.
September 10, 2019 2:07 pm