IPO Alert! Quantas Advantage Launches its Prospectus

• Quantas Advantage Inc. has formally launched its Initial Public Offering (IPO) by publishing its prospectus dated March 26, 2026, on the Jamaica Stock Exchange (JSE) last night.
• According to its prospectus, Quantas is an investment vehicle that provides growth capital to key Caribbean business segments through structured finance and credit-based instruments. The firm generates investor returns by acquiring interests in cashflow-generating assets, such as bonds, leases, and securitised pools, to support private sector expansion.
• The IPO, which has JMMBGL as the lead broker, includes 83,278,509 ordinary shares, with a built-in "upsize" option to issue an additional 50,780,182 shares should investor demand exceed the initial supply.
• Notably, the general public is being offered 21,875,000 shares at a price of US$0.12 (J$19.3941) per share. Institutional Investors are being offered 19,736,842 shares reserved for Strategic Investors at a preferential price of US$0.1140 (J$18.4244). Lastly, anchor investors are being offered 41,666,667 shares reserved at US$0.1080 (J$17.4547).
• The subscription period is scheduled to officially open on April 22, 2026, and is set to close on May 21, 2026, subject to the company’s right to adjust these dates.

(Sources: Jamaica Stock Exchange)