Fast Track Group, a Singapore-based provider of event management and marketing services, withdrew its plans for an initial public offering on Monday. It originally filed in September 2024 and most recently planned to raise $14 million by offering 3 million shares at a price range of $4 to $5.
The Singapore-based company was founded in 2012 and booked $1 million in revenue for the 12 months ended February 29, 2024. It had planned to list on the Nasdaq under the symbol FTRK. Network 1 Financial Securities was set to be the sole bookrunner on the deal.
