The IPO Buzz: BingEx Ltd. (FLX) Prices IPO at $16.50 – Just Above the Mid-Point
BingEx Ltd (FLX) priced its IPO at $16.50 – just above the mid-point of its $15.00-to-$17.00 price range – and sold 4.0 million American Depositary Shares (ADS) – the number in the prospectus – to raise $66.0 million on Thursday night, Oct. 3, 2024. The ADS opened flat - at $16.50 - on NASDAQ at 10:57 a.m. EDT today - Friday, Oct. 4, 2024 - on volume of about 96,000 shares - and then to..
Read more October 3, 2024IPO Calendar
| Company | Symbol proposed | Shares (Millions) | Est. $ Volume | Expected to Trade | SCOOP Rating | Rating Change |
|---|---|---|---|---|---|---|
| BingEx Limited | FLX | 4.0 | $ 66.0 mil | 10/4/2024 Priced | S/O | S/O |
| Chain Bridge Bancorp | CBNA | 1.9 | $ 40.7 mil | 10/4/2024 Priced | S/O | S/O |
| Aduro Clean Technologies (Uplisting) | ADUR | 1.1 | $ 5.1 mil | 10/7/2024 Week of | S/O | S/O |
Last 100 IPOs - October 3, 2024
| Number of IPOs priced : | 100 |
| Number Up: | 40 |
| Number Down: | 57 |
| Number Unchanged: | 3 |
| Percentage Change From Issue Price: | 8.39% |
| Percentage Change for The Nasdaq Composite | 10.75% |
2024 IPO Scorecard - October 3, 2024
| Number of IPOs priced (Excluding 34 units) : | 132 |
| Number Up: | 48 |
| Number Down: | 81 |
| Number Unchanged: | 3 |
| Total Return From Issue Price: | 6.45% |
| The Nasdaq Composite Index YTD % Change | 20.52% |