Lytus Technologies’ $14.1 Million Initial Public Offering

Sichenzia Ross Ference represented Spartan Capital Securities in the offering.

Lytus Technologies Holdings PTV. Ltd (NASDAQ: LYT), a platform technology services company, the initial public offering of the common shares.

The offering consisted of 2,609,474 shares of its common shares and 391,421 common shares of the fully exercised overallotment option at a public offering price of $4.75 per share, for gross proceeds of $14.1 million.

Spartan Capital Securities and Pacific Century Securities, LLC acted as joint underwriters.

The Sichenzia Ross Ference team was led by partners Gregory Sichenzia (Picture), Avital Perlman, Darrin Ocasio, and associate Michael Blane.

Involved fees earner: Michael Blane – Sichenzia Ross Ference; Darrin Ocasio – Sichenzia Ross Ference; Avital Perlman – Sichenzia Ross Ference; Gregory Sichenzia – Sichenzia Ross Ference;

Law Firms: Sichenzia Ross Ference;

Clients: Spartan Capital Securities LLC ;