The IPO Buzz: Fenbo Holdings (FEBO) Prices Tiny IPO at $5.00, As Expected
With a wave of the curling wand: Fenbo Holdings Ltd. (FEBO), the profitable parent of a Chinese electrical hair care products manufacturer, priced its tiny IPO at $5.00, as expected, on Wednesday night (Nov. 29, 2023). Fenbo sold 1.0 million shares to raise $5.0 million – at a market cap of $55.0 million – based on the $5.00 IPO price in the prospectus. EF Hutton was the sole book-runner. F..
Read more November 30, 2023IPO Calendar
| Company | Symbol proposed | Shares (Millions) | Est. $ Volume | Expected to Trade | SCOOP Rating | Rating Change |
|---|---|---|---|---|---|---|
| Fenbo Holdings Ltd. | FEBO | 1.0 | $ 5.0 mil | 11/30/2023 Priced | S/O | S/O |
| Trident Digital Tech Holdings | TDTH | 1.9 | $ 16.9 mil | 11/30/2023 Week of | S/O | S/O |
| Garden Stage Ltd. | GSIW | 2.0 | $ 9.0 mil | 12/1/2023 Friday | S/O | S/O |
Last 100 IPOs - November 29, 2023
| Number of IPOs priced : | 100 |
| Number Up: | 27 |
| Number Down: | 73 |
| Number Unchanged: | 0 |
| Percentage Change From Issue Price: | -14.67% |
| Percentage Change for The Nasdaq Composite | 15.85% |
2023 IPO Scorecard - November 29, 2023
| Number of IPOs priced (Excluding 36 units) : | 118 |
| Number Up: | 32 |
| Number Down: | 86 |
| Number Unchanged: | 0 |
| Total Return From Issue Price: | -8.27% |
| The Nasdaq Composite Index YTD % Change | 26.80% |