CBL International Limited

BANL
NASDAQOil & Gas Midstream

-88.7%

since IPO

IPO Price

$4.00

Current Price

$0.45

Return

-88.7%

Market Cap

$6.5M

IPO Date

Mar 23, 2023

Lockup End

Sep 19, 2023

Lockup Status

Lockup expired 953days ago

Price Performance

Stock price vs IPO price over time (sample data)

Stock Price
IPO Price
Lockup End

Performance Summary

First Day
N/A
1 Month
N/A
3 Months
N/A
6 Months
N/A
1 Year
N/A
Since IPO
-88.7%

CBL International Limited (BANL) — IPO Analysis

By Kian O Connor | Updated 4/29/2026

Company Overview

CBL International Limited (ticker: BANL) specializes in core business operations while maintaining strategic capabilities in brand development, positioning itself within the Oil & Gas Midstream sector through operational excellence and specialized service delivery. The company has developed its operations around strategic positioning, creating market differentiation through specialized expertise and project-based contracts that supports sustainable growth and customer relationship development. The company completed its public offering on 2023-03-23, accessing capital markets during regulatory landscape changes within the Oil & Gas Midstream landscape. The IPO timing reflected the company's strategic positioning and growth trajectory, with market reception emphasizing management's execution capabilities and the company's approach to core business operations as key value creation drivers in an evolving competitive environment. Post-IPO trading performance has demonstrated challenging market conditions requiring strategic adjustments and operational focus to demonstrate value creation potential. Market assessment focuses on the company's operational excellence and strategic emphasis on brand development as indicators of long-term competitive positioning within the Oil & Gas Midstream sector, with investors evaluating operational execution and market opportunity capture relative to industry development trends. The lockup period expires October 18, 2023, providing market insights into management and early investor confidence in strategic direction and competitive positioning. Given the company's focus on core business operations and emphasis on strategic positioning, insider trading decisions will likely reflect assessments of execution progress, competitive dynamics, and growth opportunity realization within the evolving Oil & Gas Midstream market landscape.

Performance Overview

Since going public at $4.00 per share on Mar 23, 2023, CBL International Limited shares have declined 88.7%, disappointing investors who participated in the IPO. The stock currently trades at $0.45, giving the company a market capitalization of $6.5M.

Lockup Expiration

The lockup period for CBL International Limited expired 953 days ago on Sep 19, 2023. Insiders and early investors are now free to sell their pre-IPO shares. The post-lockup trading period is often volatile as the market absorbs any additional supply from insider selling.

Industry Context

CBL International Limited operates in the Oil & Gas Midstream sector, which has seen varied IPO activity in recent years. The company is headquartered in the United States and is classified under SIC code . Understanding the competitive landscape and sector dynamics is essential for evaluating the long-term prospects of any newly public company in this space. Investors should consider broader market conditions, sector-specific trends, and company fundamentals when assessing BANL as an investment.

Trading History

CBL International Limited is actively trading in the public markets with a current share price of $0.45. The company went public at $4.00 per share, representing a decline of 88.7% from the initial offering price. With a current market capitalization of $6.5M, CBL International Limited continues to establish its presence as a publicly traded entity in the Oil & Gas Midstream.

Important Disclaimer

This analysis of CBL International Limited (BANL) is provided for informational purposes only and should not be construed as investment advice. All data is sourced from SEC EDGAR filings and public market feeds. Past performance is not indicative of future results. Investors should conduct their own due diligence and consult with a qualified financial advisor before making investment decisions. IPOLockup.io is an independent research platform with no financial interest in any of the companies covered.

Insider Selling Activity

Estimated insider trading activity around lockup expiry period (sample data)

3
Pre-Expiry Average
Minimal
94
Expiry Day
Very High
54
Post-Expiry (30d)
High

Activity Heatmap

60 days before/after lockup expiry
Intensity Scale:
Minimal
Low
Moderate
High
Very High
Lockup Expiry

About This Data

This heatmap shows estimated insider selling activity based on typical patterns around lockup expiry periods. Actual data would be derived from SEC Form 4 filings. Higher intensity indicates more insider transactions, which may correlate with increased selling pressure and potential stock price volatility.

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