Why This Can Pop On Day One | Complete Review & Analysis For IPO Davis Commodities DTCK Stock

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Symbol DTCK
Exchange NASDAQ
Shares (millions): 1.1
Price range $4.00 - $4.50
Est. $ Volume $4.6 mil
Manager / Joint Managers Univest Securities
CO-Managers
Expected To Trade: 9/13/2023
Day: Wednesday

We are an agricultural commodity trading company, based in Singapore and specializing in trading of three main categories of agricultural commodities: sugar, rice, and oil and fat products. We distribute agricultural commodities to various markets, including Asia, Africa and the Middle East. We also provide customers of our commodity offerings with complementary, ancillary services such as warehouse handling and storage and logistics services. We are an asset-light business. We use an established global network of third-party commodity suppliers and logistics service providers in order to distribute sugar, rice, and oil and fat products to customers in over 20 countries as of the fiscal year ended Dec. 31, 2021. (Incorporated in the Cayman Islands)

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