Category Archives: The IPO Buzz

Iconic U.S. pork producer Smithfield Foods (SFD Proposed) filed its S-1 for its IPO early today – Monday,  Jan. 6, 2025 – in what could be the new year’s first major IPO. Although estimated IPO proceeds are $100 million, a placeholder figure, this IPO has the potential to raise at least two to three times […]

INLIF Ltd. (INLF), the holding company of a Chinese manufacturer and supplier of manipulator arms for injection molding machines, priced its micro-cap IPO at $4.00 – the low end of its $4.00-to-$6.00 price range – and sold 2.0 million shares – the number of shares in the prospectus – to raise $8.0 million on Tuesday, […]

OneConstruction Group Limited (ONEG) priced its micro-cap IPO at $4.00 – the low end of its $4.00-to-$6.00 price range – on 1.75 million shares – the number of shares in the prospectus – and raised $7.0 million on Monday night, Dec. 30, 2024. Shares of OneConstruction Group opened flat at $4.00 – the same as their […]

Wishing a very Merry Christmas and a very Happy Hanukkah today – Wednesday, Dec. 25, 2024 – to all of our IPOScoop subscribers and readers who are celebrating! Happy Holidays to all!  Everyone at IPOScoop will be taking a holiday break until early next week. We wish you safe travels and the best of times […]

Health in Tech (HIT) shares surged today – Monday, Dec. 23, 2024 – in their NASDAQ debut to open at $5.25 – up $1.25 for a 31.25 percent gain from their $4.00 IPO price. By late afternoon trading, the insurance tech platform’s stock was up 35.5 percent at $5.38 on volume of 1.17 million shares. […]

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 […]