Preview: Amphitrite Digital Inc Set To IPO Tomorrow
Portfolio Pulse from Benzinga Insights
Amphitrite Digital Inc (NASDAQ:AMDI) is set to IPO on March 1, offering shares priced between $3.50 and $4.50 with a 180-day insider lock-up period ending on August 28, 2024. The company specializes in providing in-destination tours, activities, and attractions in the US and the Caribbean.

February 29, 2024 | 3:00 pm
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Amphitrite Digital Inc is launching its IPO on NASDAQ with shares priced between $3.50 and $4.50. The company offers unique tour experiences in the US and the Caribbean.
The IPO of Amphitrite Digital Inc represents a significant event for the company, allowing it to raise capital for expansion and operations. The pricing of shares between $3.50 and $4.50 indicates the company's valuation and market expectations. Given the unique nature of its services and the growing interest in experiential travel, there's potential for positive investor reception, which could lead to an increase in stock price post-IPO. However, as with any IPO, there's inherent risk and uncertainty, especially considering the company's niche market.
CONFIDENCE 80
IMPORTANCE 90
RELEVANCE 100