Author Archives: Jan Paschal

Two Hong Kong companies – J-Long Group (JL) and SU Group Holdings (SUGP) – priced their small IPOs on Tuesday night (Jan. 23, 2024): –J-Long Group (JL) priced its IPO in sync with the terms in its prospectus – 1.4 million shares at $5.00 – the mid-point of its $4.00-to-$6.00 range – to raise $7.0 million. Eddid […]

Someone involved in this deal must like the number 17: Bladder cancer biotech CG Oncology (CGON Proposed) upsized its IPO to 17 million shares – up from 11.8 million shares originally – and kept the price range at $16.00 to $18.00. If the upsized IPO is priced at the $17.00 mid-point, CG Oncology will raise $289.0 million – […]

Whoosh! Faster than the serve of your favorite tennis star, Wilson Sporting Goods parent Amer Sports (AS proposed) set terms and launched its $1.7 billion IPO – just as the sun rose over Wall Street today (Monday, Jan. 22, 2024). Amer Sports is offering 100.0 million shares at a price range of $16.00 to $18.00. If the IPO […]

Kazakhstan’s “Super App” Kaspi.KZ (KSPI) priced its upsized IPO – 11.3 million ADS – up from 9.0 million in the prospectus – at $92.00 – below its $97.00 assumed IPO price – to raise $1.04 billion ($1,039.6 million) on Thursday night, Jan. 18, 2024. (Editor’s Note: This column, published early Friday, was updated periodically with news […]

Hong Kong-based CCSC Technology International Holdings Ltd. (CCTG) shot higher in its NASDAQ debut today. The stock opened at $5.75, up $1.75 or up 43.75 percent from its $4.00 IPO price, at 10:45 a.m. EST today (Thursday, Jan. 18, 2024) on volume of more than 100,000 shares. By 11:02 a.m. EST, CCSC Technology shares touched […]

Bladder cancer biotech CG Oncology (CGON Proposed) unveiled the terms and launched its $200.6 million IPO shortly before sunrise on Wall Street today – Thursday, Jan. 18, 2024. CG Oncology is offering 11.8 million shares at $16.00 to $18.00 to raise $200.6 million. The California biotech plans to price its IPO next week – on […]

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 – […]