Harneys advises Vantage Corp on its NYSE listing
This listing is particularly significant as it marks the first time in several years that a major tanker broker has been listed on the NYSE American, highlighting Vantage Corp’s pivotal role in the industry.
Vantage Corp, founded in 2012, is a leading shipbroking company providing comprehensive services, including brokerage, consultancy, and operational support in the tanker markets. The company operates in Singapore and Dubai and has recently undergone a corporate restructuring to position itself for global expansion.
The Harneys team was led by Singapore Managing Partner Lishi Fong with support from Senior Associate Jonathan Lim and Associate Edwin Tan. Loeb & Loeb LLP acted as legal counsel to Vantage Corp, while Hunter Taubman Fischer & Li LLC provided legal counsel to Network 1 Financial Securities, Inc., the sole managing underwriter and bookrunner for the offering.
Lishi commented: “We are delighted to have supported Vantage Corp on this milestone NYSE American listing. This achievement underscores the company’s leadership in the tanker brokerage industry and its commitment to driving innovation and growth. At Harneys, we are dedicated to helping our clients achieve their capital markets goals with clarity, expertise, and a focus on their long-term success.”
The transactional team at Harneys has a leading Equity Capital Markets (ECM) practice with substantial experience in all aspects of capital raising by offshore companies, including reverse mergers, IPOs and secondary offerings, rights issues, equity linked securities, including convertible and exchangeable bonds, SPACs, and business combinations, as well as private placements, take-privates, takeovers, and spin-offs. The firm’s ECM expertise lies in advising entities listed or listing on all major stock exchanges, including the New York Stock Exchange, NASDAQ, the London Stock Exchange, AIM, the Hong Kong Stock Exchange, the Shanghai Stock Exchange, the Luxembourg Stock Exchange, and the Singapore Exchange.
