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 […]
January 19, 2024 Read MoreHong 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 […]
January 18, 2024 Read MoreBladder 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 […]
Read MoreKazakhstan’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 […]
January 16, 2024 Read MoreIsraeli 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 […]
January 12, 2024 Read MoreA 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. […]
January 10, 2024 Read MoreThe 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 – […]
Read MoreOne 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 […]
January 9, 2024 Read MoreThe 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 […]
January 8, 2024 Read MoreSmith 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 […]
January 3, 2024 Read More