Spectral Capital, which provides international voice and messaging services to telecommunications carriers, announced terms for its IPO on Wednesday.
The Seattle, WA-based company plans to raise $15 million by offering 3.3 million shares at $4.50. At the proposed price, Spectral Capital would command a fully diluted market value of $465 million.
Spectral has operated continuously as an operating company; however, for much of its history, the Company’s operations were relatively small in scale and primarily focused on research and development, software experimentation, and intellectual property creation. Through acquisitions completed in 2025, the Company now operates telecommunications and messaging infrastructure businesses that generate recurring revenues through established commercial services.
Spectral Capital was founded in 2000 and plans to list on the Nasdaq under the symbol FCCN. Sentinel Brokers is the sole bookrunner on the deal.
