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Proficient Auto Logistics, Inc IPO

Completed

Proficient Auto Logistics, Inc completed its initial public offering on NASDAQ on May 9, 2024, pricing at $15.00 a share.

Ticker	PAL
Exchange	NASDAQ
Status	Completed
Listing date	May 9, 2024
Offering price	$15.00
Shares offered	14,333,333
Total raised	$215M

The offering

Proficient Auto Logistics, Inc sold 14,333,333 shares at $15.00 each on NASDAQ. Multiplied out, that is $215 million in gross proceeds, the figure before underwriting discounts and offering expenses, and it agrees with the $215 million total recorded for the deal.

Company coverage

Proficient Auto Logistics, Inc — quote, profile and latest news →

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Source: SEC EDGAR filings for Proficient Auto Logistics, Inc. This page is general information, not investment advice.