Upson International Corp.’s Initial Public Offering
Upson International Corp., is a leading retailer of IT-related merchandise including a wide range of hardware and software products. The Company retails under the brand names Octagon Computer Superstore, Micro Valley, Gadget King, and Octagon Mobile. With their strong track record, dedication, and commitment to excellence, they have been able to establish partnerships with well-known international brands such as Acer, Asus, Lenovo, Brother, HP, DELL, Sony, Samsung, and Sandisk, among others.
For more information on the company, visit https://www.upson.com.ph/.
Terms of the Offer
Issuer | Upson International Corporation | |||||||
Offer | 625,001,000 Primary Common Shares with an Over-allotment Option of 62,500,000 Secondary Common Shares |
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Offer Price | P2.40 per share | |||||||
Minimum Subscription | 1,000 Offer Shares, and thereafter, in multiples of 1,000 Offer Shares | |||||||
Offer Period | March 21, 2023 to March 27, 2023 | |||||||
Indicative Listing Date | April 3, 2023 | |||||||
Listing Venue | The Philippine Stock Exchange, Inc. | |||||||
First Metro’s Role | Issue Manager, Bookrunner and Joint Lead Underwriter |
To be listed on the Main Board of The Philippine Stock Exchange, Inc. under the symbol “UPSON”.
Notice of Offering
The Final Prospectus has been uploaded on the Company’s website:
https://www.upson.com.ph/investor-relations/prospectus/
Contact Details
Questions related to the Initial Public Offering may be directed to the following:
Andrea D. Cabrera
Email Address: andrea.cabrera@firstmetro.com.ph
Arnold S. Garrido
Email Address: argie.garrido@firstmetro.com.ph