Author Archives: Jan Paschal

Kazakhstan’s “Super App” Kaspi.KZ (KSPI proposed) set terms for its mega-IPO after the closing bell today – Tuesday, Jan. 16, 2024. Kaspi.KZ’s selling stockholders will offer 9.0 million American Depositary Shares (ADS) at $97.00 to raise $873 million. The mobile banking, payments and e-commerce app for Kazakhstani consumers, merchants and entrepreneurs plans to price its IPO […]

Israeli military headset manufacturer Silynxcom Ltd. (SYNX) priced its upsized IPO of 1.25 million shares at $4.00 – the low end of its range – to raise $5.0 million on Thursday night, Jan. 11, 2024, The stock started trading today – Friday, Jan. 12, 2024 – at $3.99 – down a penny from its IPO […]

  A double-digit percentage gain gave Smith  Douglas Homes Corp. (SDHC) a Champagne moment in its debut today on the New York Stock Exchange. The  profitable Georgia homebuilder’s stock ended at $24.00 – up $3.00 or up 14.29 percent from its $21.00 IPO price – in its first day of NYSE trading. Volume was about 4.04 million shares. […]

The clock is counting down to the pricing tonight of the first big IPO of 2024. Smith  Douglas Homes Corp. (SDHC proposed) plans to price its IPO of 7.69 million shares at $18.00 to $21.00 tonight – Wednesday, Jan. 10, 2024. The IPO would raise $150.0 million, if priced at the $19.50 mid-point. That price – $19.50 – […]

One wild ride: Shares of Roma Green Finance, Ltd. (ROMA) closed at $2.90 – down $1.10 or off 27.5 percent from their $4.00 IPO price – after soaring beyond a moonshot in their opening trade today – Tuesday, Jan. 9, 2024 – on the NASDAQ. Volume was about 3.4 million shares. At the first tick, ROMA […]

The first IPO of 2024 is getting ready for its turn on the dance floor. Smith Douglas Homes Corp. (SDHC proposed), a homebuilder based in the Atlanta suburb of Woodstock, Georgia, intends to price its IPO on Wednesday night, Jan. 10, 2024, to trade Thursday, Jan. 11, on the New York Stock Exchange. The profitable […]

Smith Douglas Homes Corp. (SDHC proposed) is the first big IPO to set terms in 2024. The Georgia homebuilder plans to offer 7.69 million shares at a price range of $18.00 to $21.00 to raise $150.0 million, according to its S-1 filing early today – Wednesday, Jan. 3, 2024. If the IPO is priced at […]

More is the buzzword for 2024. Wall Street expects that more companies will go public in 2024 than in 2023. Gene Munster of Deepwater Associates predicts that the IPO market will return to 2019 levels with more than 200 IPOs – up from 153 in 2023. IPOScoop records show the 2023 total is 163 – […]

Iron Horse Acquisitions Corp. (IROHU) increased the size of its SPAC IPO at pricing to 6.1 million units – up from 6.0 million – and priced the deal at $10.00 per unit to raise $61.0 million on Tuesday night (Dec. 26, 2023). Each unit consists of one share of common stock, one warrant to buy […]

A big SPAC IPO – Blue Room Acquisition Corp. (IBLUU proposed) –  kicks off Wall Street’s four-day work week following Christmas. Blue Room Acquisition Corp. plans to raise $200.0 million by offering 20.0 million units at $10.00 each. The New York-based blank check company intends to search for a financial services company with a market […]