Category Archives: The IPO Buzz

Range Capital Acquisition (RANGU) raised $100 million – as expected – by pricing its SPAC IPO of 10.0 million units at $10.00 each – on Thursday night, Dec. 19, 2024. At pricing, Range Capital Acquisition had a market cap of $225.0 million. Each unit consists of one share of stock and one right to receive one-tenth (1/10th) of […]

Leishen Energy Holding Co.  (LSE) of China priced its micro-cap IPO at $4.00 – the low end of its $4.00-to-$5.00 price range – and sold 1.375 million shares – the number of shares in the prospectus – to raise $5.5 million. At pricing, Leishen Energy had a market cap of $67.5 million. Leishen Energy’s stock opened at $4.25 […]

New Century Logistics (BVI) Ltd. (NCEW) upsized its micro-cap IPO at pricing to 1.5 million shares – up from 1.25 million shares in the prospectus – and priced the IPO at $4.00 – the bottom of its $4.00-to-$5.00 range – to raise $6.0 million on Tuesday night, Dec. 17, 2024. New Century Logistics (BVI) Ltd.’s stock opened flat at $4.00 […]

YSX Tech Co., Ltd. (YSXT), a Chinese InsurTech company, priced its micro-cap IPO at $4.00 – the low end of its $4.00-to-$6.00 price range – and sold 1.25 million shares – to raise $5.0 million on Tuesday night, Dec. 17, 2024. YSX Tech’s stock opened at $4.05 – up 5 cents from its IPO price – at […]

‘Twas the week before Christmas and all through the Street – bankers hope to price 10 deals – dreaming of a bonus so sweet. With a nod to Clement Clarke Moore, IPO bankers are preparing to increase their deal count and dollar volume in the last full work week of the year – during the […]

Shanghai-based NetClass Technology (NTCL) priced its micro-cap IPO at $5.00 – the mid-point of its $4.00-to-$6.00 price range – on 1.8 million shares to raise $9.0 million on Thursday night. At pricing, NetClass Technology had a market cap of $77.8 million. NetClass Technology shares started trading today – Friday, Dec. 13, 2024 – at $5.25 […]

Two SPAC IPOs – Mountain Lake Acquisition Corp.  (MLACU) and Roman DBDR Acquisition Corp. II  (DRDBU) – raised a total of $410.0 million on Thursday night, Dec. 12, 2024. (Corrects dollar amount raised by Mountain Lake Acquisition to $210 million – The SPAC IPO was upsized at pricing to 21.0 million units – up from […]

Australian transcatheter heart valve developer Anteris Technologies Global (AVR) priced its NASDAQ uplisting/public offering at $6.00 – below its $6.78 reference price – and sold 14.8 million shares – the number of shares in the prospectus – to raise $88.8 million on Thursday night, Dec. 12, 2024. The $6.00 IPO price gave Anteris Technologies Global […]

ServiceTitan (TTAN), the cloud platform born in “the trades,” priced its IPO at $71 – $4 above the top of its recently upward revised range – and raised $624.8 million on Wednesday night, Dec. 11, 2024. ServiceTitan’s stock surged to open at $101 – up $30 for a 42.3 percent jump from its IPO price […]

Jackson Acquisition II (JACS.U) priced its SPAC IPO in sync with the terms in its prospectus – 20.0 million units at $10.00 each – and raised $200 million on Monday night, Dec. 9, 2024. Each unit consists of one share of common stock and one right to receive one-tenth (1/10th) of a share of common stock […]