Quantas, co-founded by former Scotia execs, eyes JSE listing

Quantas Advantage Inc, led by former bank executives, aims to raise US$9.4 million through an initial public offering (IPO) on the Jamaica Stock Exchange, with plans to upsize the offering to US$15.5 million, provided demand warrants. “The funding will allow us to take advantage of attractive investments that are in our pipeline. Overall, the company is on a growth trajectory that will see us surpassing our historical performance,” stated co-founder and Chairperson Jacqueline Sharp in the prospectus about the offer that opens April 22 and closes May 21.