Tracx Logis Ltd. (TRCX) IPO — Expected Date, Price Range & Deal Size

Tracx Logis Ltd. (TRCX)

This company has not started trading yet. The live 5-factor QL signal switches on automatically on its first session.

About Tracx Logis Ltd.

We are a technology driven, integrated cross -border logistics services provider and operate two core businesses, our e -Commerce Logistics services and our Enterprise Logistics services. Our vision is to overlay the latest technology and smart systems, including artificial intelligence, to traditional shipping, logistics and fulfillment services to provide efficient, reliable and cost effective cross -border e -commerce and enterprise logistics services.

From Tracx Logis Ltd.'s Form F-1/A filed with the SEC on 2026-11-03. The issuer's own words — QuantLogix does not paraphrase it.

Industry

Trucking & Courier Services (No Air)

Headquarters

Jurong East, Singapore

Incorporated in

Fiscal year ends

December 31

SEC filer

CIK 0002114145

The offering

Ticker

TRCX

Exchange

XNAS

Expected listing

To be announced

Expected price range

$18–$22

Deal size

$23M

gross proceeds

Shares offered

1,000,000

Share class

Transportation Infrastructure

Use of proceeds

We intend to use the net proceeds from this offering for (i) the expansion and technological enhancement of our core e-Commerce and logistics platforms, (ii) routine maintenance capital expenditures across our regional fulfillment centers, (iii) working capital, including trade payables and (iv) general corporate purposes, which may include potential opportunistic strategic investments or acquisitions, although we have not identified any specific investments or acquisition opportunities at this time.

From Tracx Logis Ltd.'s Form F-1/A filed with the SEC on 2026-11-03. Quoted from the prospectus.

Financials, as filed

The audited financial statements for this issuer are in its Form F-1/A filed 2026-11-03. QuantLogix only publishes figures it can read directly from the filing.

QL Listing Score — the prospectus, scored

42/100

Challenged · low confidence

The evolution of the private-company QL Score at the point of listing: four evidence pillars read deterministically from the registration statement — growth, revenue quality, technology and risk — weights frozen per version (v1.1.0), pillars with no evidence excluded and reweighted, never defaulted.

Growthno evidence — excluded

Revenue qualityno evidence — excluded

Technology47

technology-language density 3.1/10k words (lexical indicator, not a technical audit)

Risk40

auditor states substantial doubt about going concern · lighter-than-typical hedging language

Foundationno evidence — excluded

⚠ Going-concern doubt disclosed✓ No material weakness disclosed✓ Single share class✓ No customer-concentration flag◆ Emerging growth company (reduced disclosure)

From Tracx Logis Ltd.'s Form F-1/A filed with the SEC on 2026-11-03. Extraction is deterministic — the same filing always produces the same score; 104k characters of the document were scanned. Technology signals are lexical indicators, not a technical audit. Not investment advice; the debut itself will be this score's first grade.

Deal terms come from the public IPO calendar and change up to pricing — an expected date reads “to be announced” until the underwriters set it, and a range is not a final price. Implied market cap and float are arithmetic on those disclosed terms. Nothing on this page is a forecast or a recommendation.