KUALA LUMPUR, Oct 28 (Bernama) -- Malaysian advanced materials company and deep-tech unicorn, Vertex Material plans to list on the US NASDAQ stock exchange in the second or third quarter of next year, targeting to raise funds of US$300 million to US$400 million (US$1=RM4.08), said its chief executive officer Chris Lai.
Business : Vertex Material Plans NASDAQ Listing By 2Q-3Q Next Year, Eyes US$300-400 Mln
Vertex Material, Nasdaq, listing, Chris Lai, Corpo
BE Bernama 
Key takeaways
Vertex Material plans to list on NASDAQ in 2Q-3Q next year, aiming to raise $300-400 million.
- Vertex Material will list on NASDAQ, not Bursa Malaysia, due to US operations and incentives.
- The company is preparing audit reports and regulatory filings for the listing.
- Post-listing, Vertex will focus on completing its US facility and expanding to other countries.
Summarised automatically by AI from the original article by Bernama. AI can make mistakes, so check the original for details.
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