VCI Global Secures Its First IPO Consultancy Deal In 2024 With A Singapore-Based Fin-MedTech Medical Group; IPO On Nasdaq Is Expected To Be Completed In 2024/2025
Portfolio Pulse from Benzinga Newsdesk
VCI Global Limited (NASDAQ:VCIG) has secured a consultancy deal with a Singapore-based Fin-MedTech Medical Group for its upcoming IPO on Nasdaq, expected to be completed in 2024/2025. VCI Global will provide services including equity structure, capital market strategy, and regulatory approval assistance. The company will be compensated in shares, with estimated income from the deal between USD 4 million to USD 8 million.
January 23, 2024 | 1:22 pm
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VCI Global Limited has been engaged as an IPO consultant for a Singapore-based Fin-MedTech Medical Group's Nasdaq IPO, with an estimated income of $4-8M in shares.
The news of securing a significant IPO consultancy deal is likely to be viewed positively by investors, as it not only enhances VCI Global's reputation in the IPO consultancy space but also promises a substantial income in shares. The deal indicates potential growth and expansion of VCI Global's business operations, which could positively influence the stock price in the short term.
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