CloudDepots files for IPO with Nasdaq or NYSE American listing pending
Logistics technology firm CloudDepots plans to raise about $16.5 million by selling 3 million shares. The listing exchange has not yet been chosen.
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what happened
CloudDepots Holdings Inc. has filed for an initial public offering, according to TradingView. The company expects to raise roughly $16.5 million by selling 3 million shares at an assumed midpoint price of $5.50. It has not yet picked between Nasdaq and NYSE American, and the listing depends on exchange approval.
CloudDepots connects online merchants, warehouse operators and carriers through software and earns per-shipment fees. Revenue for the first half of 2026 rose 75.6 percent to $39.85 million, but the company posted an operating loss. FedEx accounted for about 93.2 percent of purchases over the same period.
why it matters
For markets, this is a small offering in the logistics technology space. Heavy reliance on a single carrier and a gross margin of about 2.8 percent are likely to be key questions for investors weighing the company. Final terms will depend on the exchange's approval and market conditions.
tags
instruments
sources
- CloudDepots, Technology-Enabled Logistics Services, Files for Nasdaq/NYSE IPO — TradingView, 13 November 2026 at 22:18 UTC
prepared by the newsmetry newsroom with ai assistance from the sources listed below. not investment advice.
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