08:23 AM EDT, 09/19/2025 (MT Newswires) -- Platinum Analytics Cayman (PLTS) said Friday that it has priced its initial public offering of 2 million shares at a $4 per share, for gross proceeds of $8 million.

The company said the shares will be listed on the the Nasdaq Capital Market and are expected to start trading on Friday, under the ticker symbol "PLTS," with the offering expected to close on Monday.

Platinum Analytics said it plans to use $2.7 million from the offer, for research and development purposes, $2.1 million for the expansion of its marketing and sales team, and $2 million for procurement of IT facilitate and financial licenses.