The IPO Buzz: Chagee (CHA) Prices IPO at $28 – High End – & Stock Opens Up 20.5 Percent
Chagee Holdings Limited (CHA), a Chinese teahouse chain, priced its IPO at $28.00 – the top of its $26.00-to-$28.00 price range – and sold 14.7 million American Depositary Shares (14,683,991 ADS) – the number of ADS in the prospectus – to raise $411.15 million on Wednesday night, April 16, 2025. Chagee’s ADS shot up to open at $33.75 - up $5.75 for a 20.5 percent gain - at 11:43 a.m. ..
Read more April 17, 2025IPO Calendar
Company | Symbol proposed | Shares (Millions) | Est. $ Volume | Expected to Trade | SCOOP Rating | Rating Change |
---|---|---|---|---|---|---|
AIRO Group Holdings | AIRO | 5.0 | $ 75.0 mil | 4/17/2025 Postponed | S/O | S/O |
Chagee Holdings Ltd. | CHA | 14.7 | $ 411.2 mil | 4/17/2025 Priced | S/O | S/O |
Everbright Digital Holdings Ltd. | EDHL | 1.5 | $ 7.0 mil | 4/17/2025 Priced | S/O | S/O |
Last 100 IPOs - April 19, 2025
Number of IPOs priced : | 100 |
Number Up: | 54 |
Number Down: | 42 |
Number Unchanged: | 4 |
Percentage Change From Issue Price: | 17.73% |
Percentage Change for The Nasdaq Composite | 3.23% |
2025 IPO Scorecard - April 19, 2025
Number of IPOs priced (Excluding 23 units) : | 76 |
Number Up: | 42 |
Number Down: | 31 |
Number Unchanged: | 3 |
Total Return From Issue Price: | 20.59% |
The Nasdaq Composite Index YTD % Change | 35.22% |