Akerman represented Alexander Capital, L.P., a full-service broker/dealer, as lead book-running manager in the $15 million initial public offering (IPO) of Fast Track Group, a Singapore-based entertainment-focused event management and celebrity agency company.

Fast Track Group’s IPO consisted of 3,750,000 ordinary shares priced at $4.00 per share, with gross proceeds totaling $15 million before underwriting discounts and offering expenses. The offering also includes a 45-day option granted to underwriters to purchase up to an additional 562,500 shares to cover over-allotments, if any. The shares commenced trading on the Nasdaq Capital Market under the ticker symbol “FTRK” on May 23, 2025.

The Akerman team was led by Mark Liu, based in Los Angeles, of the Capital Markets Practice, with support from Christina Russo, Co-Chair of the Capital Markets Practice, and Corporate Practice Group Associate Gabrielle Gaudet.

The offering closed on May 27, 2025, following customary closing conditions. Proceeds from the IPO will support Fast Track Group’s expansion plans, marketing initiatives, team growth, and working capital needs.

The transaction highlights Akerman’s continued strength in advising underwriters and placement agents in cross-border offerings and complex capital markets transactions.

About Akerman
Founded in 1920, Akerman is recognized as one of the country’s premier law firms, with more than 700 lawyers in 25 offices throughout the United States.