Singapore-based Uni-Fuels Holdings Limited (NASDAQ: UFG), a global marine fuel solutions provider, announced the pricing of its initial public offering (IPO). The IPO involves 2,100,000 Class A Ordinary Shares priced at $4.00 per share, generating $8.4 million in gross proceeds (before underwriting costs). Uni-Fuels is offering all shares. Trading on the Nasdaq Capital Market under the symbol “UFG” is set to begin January 14, 2025, with the offering closing January 15, 2025, contingent upon customary closing conditions.

Underwriters hold an option to purchase up to an additional 315,000 Class A Ordinary Shares within 45 days of the registration statement’s effective date.

Uni-Fuels plans to use IPO proceeds for expanding its reselling operations, strengthening its workforce, broadening its geographic reach, and general corporate purposes.

R. F. Lafferty & Co., Inc. acted as the sole book-running manager for this firm commitment offering.

The Form F-1 registration statement was initially filed with the U.S. Securities and Exchange Commission (SEC) on October 28, 2024, and declared effective January 10, 2025. The offering is prospectus-based. A final prospectus (when available) can be accessed on the SEC’s EDGAR website or from R. F. Lafferty & Co., Inc., 40 Wall Street, 27th Floor, New York, NY 10005; (212) 293-9090.

This press release doesn’t constitute an offer to sell or solicitation to buy securities where prohibited by law.

About Uni-Fuels Holdings Limited

Uni-Fuels is a rapidly growing global provider of marine fuel solutions, assisting shipping companies in optimizing fuel procurement across all markets and time zones. Established in 2021, Uni-Fuels has grown significantly, building strong customer partnerships and supporting their operational success.

For more information, visit [website address removed].

Forward-Looking Statements

This release contains forward-looking statements (within the meaning of the Private Securities Litigation Reform Act of 1995) concerning the Offering’s closing and proceeds usage. These statements, which may include words like “anticipate,” “expect,” “plan,” “intend,” “believe,” and similar terms, represent Uni-Fuels’ current expectations and are subject to known and unknown risks that could cause actual results to differ materially. These risks include, but aren’t limited to, market conditions and the successful completion of the IPO. Investors should not place undue reliance on these statements. More detail is in the Company’s SEC filings (available at www.sec.gov). The Company disclaims any obligation to update these statements.

Contact Information

For Investor Relations:

Uni-Fuels Holdings Ltd
Email: investors@uni-fuels.com

Skyline Corporate Communications Group, LLC
Email: info@skylineccg.com

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