The IPO Buzz: Oriental Rise Holdings (ORIS) Priced IPO at $4 – Stock Flies on NASDAQ
Oriental Rise Holdings Limited (ORIS), a supplier of tea products in mainland China, priced its IPO of 1.75 million shares – trimmed from 2.0 million shares - at $4.00 – the assumed IPO price – to raise $7.0 million on Wednesday night, Oct. 16, 2024. Shares of Oriental Rise Holdings Limited opened at $5.10 – up $1.10 or up more than 25 percent from their IPO price – at 10:20 a.m. EDT o..
Read more October 17, 2024IPO Calendar
| Company | Symbol proposed | Shares (Millions) | Est. $ Volume | Expected to Trade | SCOOP Rating | Rating Change |
|---|---|---|---|---|---|---|
| Oriental Rise Holdings Ltd. | ORIS | 1.8 | $ 7.0 mil | 10/17/2024 Priced | S/O | S/O |
| Springview Holdings Ltd. | SPHL | 1.5 | $ 6.0 mil | 10/17/2024 Priced | S/O | S/O |
| Aduro Clean Technologies (Uplisting) | ADUR | 1.1 | $ 5.1 mil | 10/21/2024 Week of | S/O | S/O |
Last 100 IPOs - October 17, 2024
| Number of IPOs priced : | 100 |
| Number Up: | 46 |
| Number Down: | 51 |
| Number Unchanged: | 3 |
| Percentage Change From Issue Price: | 10.80% |
| Percentage Change for The Nasdaq Composite | 13.12% |
2024 IPO Scorecard - October 17, 2024
| Number of IPOs priced (Excluding 37 units) : | 143 |
| Number Up: | 56 |
| Number Down: | 84 |
| Number Unchanged: | 3 |
| Total Return From Issue Price: | 9.00% |
| The Nasdaq Composite Index YTD % Change | 23.49% |