TWEN News

T20 Holdings, which provides energy services in Papua New Guinea, set the proposed price for its upcoming IPO on Tuesday. The Singapore-based company plans to raise $13 million by offering 2.6 million shares (24% secondary) at $5. The company had previously filed to offer the same number of shares at a range of $4 to $6. At the proposed price, T20 Holdings will raise the same...read more

T20 Holdings, which provides energy services in Papua New Guinea, revised the terms for its upcoming IPO on Monday. The Singapore-based company now plans to raise $13 million by offering 2.6 million shares (24% secondary) at a price range of $4 to $6. The company had previously filed to offer 2 million shares (100% primary) at the same range. At the revised terms, T20 Holdings'...read more

T20 Holdings, which provides energy services in Papua New Guinea, lowered the proposed deal size for its upcoming IPO on Monday, and removed warrants from the offering. The Singapore-based company now plans to raise $10 million by offering 2 million shares at a price range of $4 to $6. The company had previously filed to offer 3.3 million units at a range of $5 to $7. Each...read more

T20 Holdings, which provides energy services in Papua New Guinea, announced terms for its US IPO on Monday. The Singapore-based company plans to raise $20 million by offering 3.3 million units at a price range of $5 to $7. Each unit consists of one share of common stock and one warrant, exercisable at 125% of the IPO price. At the midpoint of the proposed range, T20 Holdings would...read more