Uni-Fuels Holdings Limited, a global leader in marine fuel solutions headquartered in Singapore, has successfully completed its initial public offering on the Nasdaq Stock Market. This achievement marks Uni-Fuels as the first Singapore-based marine fuel provider to list in the United States, signifying a major milestone for the company and the marine fuel industry.
The IPO was conducted on a firm commitment basis, with R. F. Lafferty & Co., Inc. serving as the sole book-running manager.
Uni-Fuels highlighted that this development will bolster its global position in the marine fuel market, reinforcing its dedication to innovation, growth, and excellence. Koh Kuan Hua, CEO of Uni-Fuels, remarked, “Becoming the first homegrown Singaporean marine fuel provider to list on Nasdaq and in the U.S. is a tremendous honor. This achievement reflects the relentless efforts of our team and the confidence investors have in our business model and long-term vision.”
The company plans to leverage its Nasdaq listing to expand its international footprint, enhance its capabilities, and establish new partnerships. Uni-Fuels is also committed to accelerating the adoption of alternative marine fuels, such as biofuel and liquefied natural gas, in alignment with global decarbonisation goals.
“As a publicly traded company, we aim to advance our position as a fast-growing, forward-thinking provider in the marine fuel industry,” Mr. Koh stated. “This IPO is a significant step in unlocking potential for our company and creating long-term value for our shareholders. Moving forward, we will continue to deliver superior service, drive innovation, and contribute to the development of the global marine fuel sector.”
The registration statement for the IPO, filed with the U.S. Securities and Exchange Commission on October 28, 2024, became effective on January 10, 2025. Interested parties can access the final prospectus via the SEC’s EDGAR system or directly from R. F. Lafferty & Co., Inc.
This announcement does not constitute an offer to sell or solicit an offer to buy securities in jurisdictions where such actions would be unlawful prior to proper registration or qualification under applicable securities laws.
For more information visit www.uni-fuels.com
