Latest news with #IanLippy
Malaysian Reserve
23-07-2025
- Business
- Malaysian Reserve
American Trust Investment Services Leads Cre8 Enterprise Ltd. IPO on Nasdaq
ATIS Underscores Commitment to Growth Companies in FinTech and Regulatory Technology Sectors NEW YORK, July 23, 2025 /PRNewswire/ — American Trust Investment Services, Inc. (ATIS) today announced that it served as lead underwriter for Cre8 Enterprise Ltd. (NASDAQ: CRE) in connection with its initial public offering. The offering consisted of 1,450,000 Class A ordinary shares at a public offering price of $4.00 per share, generating gross proceeds of approximately $5.8 million before underwriting discounts and offering expenses. Shares of Cre8 Enterprise Ltd. begin trading today on the Nasdaq Capital Market under the ticker symbol 'CRE.' Cre8 Enterprise Ltd., based in Hong Kong, is a leading provider of integrated financial printing and disclosure services. The company, founded in 2006, serves a diverse range of clients, including Hong Kong–listed companies, IPO applicants, and private enterprises. Its offerings include financial printing, typesetting, translation, logistics, e-submission services, and regulatory technology solutions, all supported by a 24/7 operating model. The net proceeds from the offering will support Cre8's continued investment in its regulatory technology platform, enhancement of printing and logistics capacity, and other general corporate purposes, as outlined in the company's registration statement. 'Helping Cre8 achieve this important milestone reinforces ATIS's role as a trusted partner to companies at the intersection of technology and financial services,' said Ian Lippy, Chief Operating Officer of ATIS. 'We are proud to support their journey to the public markets and look forward to seeing their continued success as a Nasdaq-listed company.' 'At ATIS, we focus on transactions that combine solid fundamentals with technology-led growth,' said James L. Clarren, Chief Compliance Officer and Head of Equity Capital Markets at ATIS. 'Cre8's leadership in financial printing and e-disclosure platforms positions it perfectly at the intersection of regulation and innovation.' This offering builds on ATIS's momentum in lead-managing high-impact transactions. The firm remains focused on serving mid-market growth companies with a hands-on execution model, regulatory insight, and institutional reach. About American Trust Investment Services, Inc. American Trust Investment Services, Inc. (ATIS) is a leading investment bank and financial services firm that provides tailored capital markets solutions for growth-driven companies. Headquartered in Chicago, with offices nationwide, ATIS offers investment banking, brokerage, and advisory services. Known for its hands-on approach, ATIS has guided companies through complex financial transactions with integrity, expertise, and consistent execution. For more information, visit Media & Company Contact:Ian E. LippyAmerican Trust Investment Services, Inc. (ATIS)media@
Yahoo
04-06-2025
- Business
- Yahoo
American Trust Investment Services Serves as Exclusive Placement Agent for Fly-E Group Inc.'s Follow-On Offering
Firm Supports Capital Raise to Advance Expansion in Electric Mobility NEW YORK, June 4, 2025 /PRNewswire/ -- American Trust Investment Services, Inc. (ATIS) is pleased to announce its role as the exclusive placement agent for Fly-E Group Inc. (NASDAQ: FLYE) in connection with the company's follow-on public offering. The offering consists of 28,595,553 shares of common stock and 57,191,106 warrants to purchase common stock, with a public offering price of $0.2428 per share and accompanying warrants, for expected gross proceeds of approximately $6.94 million, before deducting placement agent fees and offering expenses. Each share is being offered together with two five-year warrants, exercisable immediately at 120% of the offering price. Fly-E Group Inc. is a U.S.-based electric vehicle company focused on the design, distribution, and retail of smart electric motorcycles, e-bikes, scooters, and related accessories under the Fly E-Bike brand. The company currently operates more than 30 retail stores across the United States and has plans to expand into new international Markets. The net proceeds from the offering will be used to support inventory purchases, vehicle production, and general corporate purposes, as outlined in the company's registration Statement. "This is an exciting and important transaction for Fly-E," said James Dever, Chief Executive Officer of ATIS. "We're proud to support their mission and growth strategy as they scale operations and build market leadership in sustainable mobility." "This offering reflects our continued focus on partnering with founder-driven, high-growth companies," added Ian Lippy, Chief Operating Officer of ATIS. "We look forward to seeing Fly-E's expansion accelerate with the backing of new capital and committed investors." About American Trust Investment Services, Inc. American Trust Investment Services, Inc. (ATIS) is a leading investment bank and financial services firm, providing tailored capital markets solutions for emerging and established companies. Headquartered in Chicago, with offices nationwide, ATIS offers a full suite of investment banking, brokerage, and advisory services. The firm is recognized for its hands-on approach and long track record of guiding businesses through complex financial transactions with integrity and expertise. For more information, visit Media & Company Contact: Ian E. Lippy American Trust Investment Services, Inc. (ATIS) media@ View original content to download multimedia: SOURCE American Trust Investment Services, Inc.
