FeesSafety
Pluang+

Deep Sea Minerals plans U.S. listing and public offering to fund subsea exploration rights and operations.

Company Fundamentals
26 Oct 2026, 17:37 WIB
GlobeNewsWire
View Source
Bullish
Deep Sea Minerals plans U.S. listing and public offering to fund subsea exploration rights and operations.

Deep Sea Minerals Corp. announced a proposed public offering of American depositary shares (ADSs) and warrants in the U.S., alongside plans to list its ADSs on a U.S. national securities exchange. The company aims to use the funds to advance subsea mineral exploration rights in the Clarion-Clipperton Fracture Zone and the Cook Islands, as well as cover technical, environmental, and compliance costs. The offering includes an option for underwriters to purchase additional shares. This move supports the company's strategy to develop deep-sea mineral resources critical for various industries, though the proceeds will not fund offshore work programs directly.

Deep Sea Minerals announces U.S. listing plans and public offering. For readers following Basic Materials, here is Pluang's market snapshot as of Oct 26, 2026 20:51 WIB: Of 83 priced Basic Materials-sector US stocks, 29 rose and 53 fell. Notable movers include SVM at USD 8.24 (-2.37%), EQX at USD 9.88 (-2.32%), and ESI at USD 33.93 (+2.17%). Typical hold times range from 7 to 17 days on Pluang.

More News

AS Tallinna Sadam secures €50M loan to redeem bonds, supporting port operations and growth.

AS Tallinna Sadam secures €50M loan to redeem bonds, supporting port operations and growth.

AS Tallinna Sadam signed a €50 million unsecured loan agreement with AS Swedbank, maturing in five years with an interest rate based on 3-month Euribor plus margin. The loan, drawn on October 26, 2026, will be used to redeem bonds worth €50.4 million...

Company Fundamentals
Neutral
56 minutes ago
Tallinna Sadam secures €50M loan to refinance bonds maturing in 2026, extending debt to 2031.

Tallinna Sadam secures €50M loan to refinance bonds maturing in 2026, extending debt to 2031.

AS Tallinna Sadam has signed a €50 million unsecured loan agreement with Swedbank, with a 5-year term and interest based on 3-month Euribor plus a margin. The loan will be fully drawn on October 26, 2026, and matures on October 26, 2031. This financi...

Company Fundamentals
Neutral
56 minutes ago
Vita Coco and Homesick launch limited-edition candles inspired by Vita Coco Treats flavors

Vita Coco and Homesick launch limited-edition candles inspired by Vita Coco Treats flavors

Vita Coco, a leading coconut water brand, has partnered with Homesick to create a limited-edition candle collection inspired by Vita Coco Treats flavors: Strawberries & Creme and Frosted Lemonade. The candles capture the essence of these flavors thro...

Others
Bullish
1 hour ago
Neo Security appoints Scott Stout as Chief Revenue Officer to boost agentic software sales.

Neo Security appoints Scott Stout as Chief Revenue Officer to boost agentic software sales.

Neo Security has named Scott Stout as its new Chief Revenue Officer to lead global revenue growth and expand sales of its agentic software security platform. Stout brings over 20 years of cybersecurity experience, including leadership roles at Cisco ...

Market News
Bullish
1 hour ago
62% of Americans plan to buy secondhand gifts this holiday, valuing uniqueness over new items

62% of Americans plan to buy secondhand gifts this holiday, valuing uniqueness over new items

ThredUp's 2026 Holiday Resale Report reveals that 62% of Americans intend to buy secondhand gifts this holiday season, with 55% preferring unique, vintage items over brand-new ones. Shoppers are allocating about 37% of their gift budget to secondhand...

Market News
Bullish
1 hour ago
banner-footerbanner-footer

Invest & Trade with
#1 Award-Winning Investment Super App