Stealth Global goes live.


Despite having been in business since 2014 and servicing over 3000 active customers, Stealth Global Holdings (ASX:SGI) almost flew under radar today as trade of its IPO kicked off. The market appears to be biding its time for now as prices opened at 19 cents, just shy of the initial 20 cent ask.

This may be in part due to plans moving forward, with Stealth set to formalise a merger with its strategic partner and supplier, Wheatleys, with funds raised from the IPO.

It’s not uncommon for the market to mindful of big changes in structure and you can keep track of how they’re doing on the current Scorecard moving forward.