The IPO Buzz: China’s ZEEKR (ZK) Prices Upsized IPO at $21 – High End
Twenty-one million ADS at $21 each: China’s battery-powered EV maker ZEEKR Intelligent Technology Holding Limited (ZK) announced early today – Friday, May 10, 2024 – that it priced its IPO – upsized at pricing to 21.0 million American Depositary Shares (ADS) – at $21.00 each – the high end of its $18.00-to-$21.00 range – to raise $441.0 million on Thursday night, May 9, 2024. The..
Read more May 10, 2024IPO Calendar
| Company | Symbol proposed | Shares (Millions) | Est. $ Volume | Expected to Trade | SCOOP Rating | Rating Change |
|---|---|---|---|---|---|---|
| Armlogi Holding Corp. | BTOC | 2.0 | $ 10.0 mil | 5/14/2024 Tuesday | S/O | S/O |
| Games Global Limited | GGL | 14.5 | $ 253.8 mil | 5/14/2024 Tuesday | S/O | S/O |
| Raytech Holding Ltd. | RAY | 1.5 | $ 6.8 mil | 5/14/2024 Tuesday | S/O | S/O |
Last 100 IPOs - May 11, 2024
| Number of IPOs priced : | 100 |
| Number Up: | 36 |
| Number Down: | 63 |
| Number Unchanged: | 1 |
| Percentage Change From Issue Price: | 7.02% |
| Percentage Change for The Nasdaq Composite | 18.64% |
2024 IPO Scorecard - May 11, 2024
| Number of IPOs priced (Excluding 8 units) : | 65 |
| Number Up: | 26 |
| Number Down: | 38 |
| Number Unchanged: | 1 |
| Total Return From Issue Price: | 8.78% |
| The Nasdaq Composite Index YTD % Change | 8.86% |