The IPO Buzz: Asia in the Micro-Cap IPO Spotlight
Asia is the theme of this week’s IPO Calendar of seven micro-cap IPOs – with four from China, one from Singapore and one from Japan. An American ED (erectile dysfunction) telehealth company’s mini IPO is also in the playbook. For the week of March 20, 2023, Wall Street’s eyes will be fixed on the Fed’s response to trouble in the U.S. banking sector and the drama surrounding the rescue ..
Read more March 19, 2023IPO Calendar
| Company | Symbol proposed | Shares (Millions) | Est. $ Volume | Expected to Trade | SCOOP Rating | Rating Change |
|---|---|---|---|---|---|---|
| Mangoceuticals, Inc. | MGRX | 1.3 | $ 5.0 mil | 3/21/2023 Tuesday | S/O | S/O |
| Ohmyhome Ltd | OMH | 3.3 | $ 14.6 mil | 3/21/2023 Tuesday | S/O | S/O |
| YanGuFang International Group Co., Ltd. | YGF | 2.5 | $ 12.5 mil | 3/22/2023 Day-to-Day | S/O | S/O |
Last 100 IPOs - March 20, 2023
| Number of IPOs priced : | 87 |
| Number Up: | 19 |
| Number Down: | 68 |
| Number Unchanged: | 0 |
| Percentage Change From Issue Price: | -11.40% |
| Percentage Change for The Nasdaq Composite | -17.92% |
2023 IPO Scorecard - March 20, 2023
| Number of IPOs priced (Excluding 9 units) : | 22 |
| Number Up: | 7 |
| Number Down: | 15 |
| Number Unchanged: | 0 |
| Total Return From Issue Price: | 6.96% |
| The Nasdaq Composite Index YTD % Change | 11.12% |