Sichenzia Ross Ference Carmel LLP Represents Bancroft Capital, LLC in $9.5 Million Initial Public Offering of Ordinary Shares of Premium Catering (Holdings) Limited
Press Release – New York, NY –September 27, 2024 – Sichenzia Ross Ference Carmel LLP announced today that it represented Bancroft Capital, LLC in a $9.5 million initial public offering of ordinary shares of Premium Catering (Holdings) Limited (NASDAQ: PC), a food caterer supplying prepared meals to foreign workers in Singapore as well as operating food stalls and providing buffet catering services. The initial public offering consisted of 1,650,000 ordinary shares issued and sold by Premium Catering (Holdings) Limited and 350,000 ordinary shares by certain selling shareholders at the public offering price of $4.75 per share.
Bancroft Capital, LLC acted as lead underwriter and representative for the offering.
The Sichenzia Ross Ference Carmel LLP team was led by partners Benjamin Tan and Matthew Siracusa.