03:54 AM EST, 01/22/2025 (MT Newswires) -- Toppoint Holdings ( TOPP ) said late Tuesday it has priced an initial public offering of 2.5 million shares at $4 per share for gross proceeds of $10 million.

The stock is expected to begin trading Wednesday on the New York Stock Exchange American under the ticker symbol "TOPP."

The offering is expected to close Thursday, the company said.

Toppoint ( TOPP ) also granted underwriters a 45-day option to purchase up to 375,000 additional shares to cover over-allotments.