1. Investment Snapshot
2. Thesis
3. Valuation & Price Target
4. Business & Product Moat
5. People & Governance
6. Market & Macro
7. Financial Quality
8. Risk Register
9. Prediction Market
10. 𝕏 Posts
Discussion
1. Investment Snapshot
2. Thesis
3. Valuation & Price Target
4. Business & Product Moat
5. People & Governance
6. Market & Macro
7. Financial Quality
8. Risk Register
9. Prediction Market
10. 𝕏 Posts
Discussion
1. Investment Snapshot
2. Capital Structure
3. What does Ticketplus Ltd. do?
4. Valuation
Discussion
Symbol
TP
Event Date
2026-07-10
Sector
Consumer
Subsector
Hotels, Restaurants & Leisure
Offer Range
—
Shares Offered
1.79M
Shares Outstanding Pre-IPO
20.19M
22.49M
—
Implied Upside vs Midpoint
$00.00Description
The issuer provides a live-event technology platform across Latin America, combining primary ticketing, access control, payments, analytics, and white-label software for promoters, venues, sports organizations, and ticketing companies. Its business idea is to become the operating system for event commerce in fragmented regional markets, earning from both platform licensing and ticketing-related transaction activity. Model mid ~$0.65 vs offer ~$14.00 (rich vs intrinsic).
Post-IPO economic shares by class.
| Class | Shares | % Economic |
|---|---|---|
Ordinary Shares (post-redesignation) (listed) Resulted from redesignation of all Class A and Class B into one class on 1:1 basis on March 16, 2026 | 12.49M | 55.5% |
Class B Ordinary Shares (pre-redesignation) Redesignated 1-for-1 into Ordinary Shares on March 16, 2026 | 10M | 44.5% |
| Total economic shares | 22.49M | 100% |
Class A Ordinary Shares (pre-redesignation) Pre-conversion — already in the listed class | 189.53K |