Author Archives: Jan Paschal

Fast start for May: Kenvue Inc. (KVUE proposed) stepped on the accelerator and moved up the pricing  date of its $3.3 billion IPO before the opening bell today (Monday, May 1, 2023). The blockbuster IPO – the biggest deal of the year so far – is set for pricing Wednesday night (May 3, 2023) to […]

Austin, Texas-based Interactive Strength (TRNR) took the high road – pricing its micro-cap IPO at $8.00 – the top of its $6.00-to-$8.00 price range – on Thursday night (April 27, 2023). The digital fitness platform and equipment company priced 1.5 million shares at $8.00 to raise $12.0 million. Interactive Strength’s stock opened at $8.35 – […]

This is huge. Kenvue Inc. (KVUE proposed), Johnson & Johnson’s consumer health company, whose brands include Tylenol and Band-Aid, filed terms for its IPO – 151.2 million shares (151,204,000 shares)  at $20.00 to $23.00 – after the closing bell today (Monday, April 24, 2023.) Kenvue’s IPO would raise $3.3 billion ($3.25 billion) – if the […]

Jayud Global Logistics Ltd. (JYD) stock gained 26 percent to close at $5.04 – up $1.04 from its IPO price – after scoring a moonshot in its NASDAQ debut today (Friday, April 21, 2023). Before noon, Jayud Global’s stock had jumped 147.5 percent. The stock shot up to $9.90 – up $5.90 from its $4.00 IPO […]

U Power Limited (UCAR) shares shot up 619.7 percent to close at $43.18 – more than seven times their $6.00 IPO price –  in their NASDAQ debut today (Thursday, April 20, 2023). That’s a mega-moonshot – and the best performance on Day 1 for any IPO so far this year. U Power blew past the 255 […]

Some like it low. Top KingWin Ltd. (TCJH) and Trio Petroleum (TPET) kicked off the week by pricing their micro-cap IPOs at the low end of their respective ranges on Monday night (April 17, 2023). But Top KingWin trimmed its number of shares at pricing, while Trio Petroleum slightly increased its deal’s size: Top KingWin cut […]

CytoMed Therapeutics Limited (GDTC) priced its micro-cap IPO at $4.00 – the low end of its $4.00-to-$5.00 price range – on 2.41 million ordinary shares – the same number (2,412,369 shares) as in the prospectus – on Thursday night (April 13, 2023). The Malaysian pre-clinical cancer biotech’s IPO raised $9.65 million. The stock in the […]

Malaysian business consulting company VCI Global Ltd. (VCIG) shares shot up 29 percent to open at $5.16 – up $1.16 from their $4.00 IPO price – in their NASDAQ debut at 11:19 a.m. EDT today (Thursday, April 13, 2023). The stock later gave up about half of that gain to trade at $4.57 – up 14.25 […]

It was back to earth at the close for Golden Heaven Group Holdings Ltd. (GDHG). The stock ended at $4.01 – up 1 penny from its $4.00 IPO price – after rising more than 10 percent during its first day of NASDAQ trading on Wednesday (April 12, 2023). Volume: 892,303 shares. The Chinese amusement park operator’s […]

China and Malaysia are in play this week. Five micro-cap IPOs are set for pricing so far during the week of April 10, 2023, as Wall Street gradually gets back into gear after the long Easter weekend. Two Chinese companies, two Malaysian companies and one U.S. subsidiary of a Canadian company are in the micro-cap […]