The IPO Buzz: China’s Insurance Carrier Yuanbao Plans to Raise About $100 Million in U.S. IPO
Yuanbao Inc. (YB Proposed) - the largest independent insurance distributor in China’s personal life and A&H (accident and health) insurance market in terms of first-year premiums in 2023, according to Frost & Sullivan – filed plans for its U.S. IPO today – Tuesday, Sept. 17, 2024. The Beijing-based insurance holding company did not disclose its IPO’s terms in the initial filing, wh..
Read more September 17, 2024IPO Calendar
| Company | Symbol proposed | Shares (Millions) | Est. $ Volume | Expected to Trade | SCOOP Rating | Rating Change |
|---|---|---|---|---|---|---|
| Innovation Beverage Group Limited | IBG | 1.4 | $ 5.6 mil | 9/19/2024 Thursday | S/O | S/O |
| Legacy Education Inc. | LGCY | 2.0 | $ 12.0 mil | 9/19/2024 Thursday | S/O | S/O |
| Global Engine Group Holding Ltd. | GLE | 2.5 | $ 11.3 mil | 9/20/2024 Friday | S/O | S/O |
Last 100 IPOs - September 17, 2024
| Number of IPOs priced : | 100 |
| Number Up: | 48 |
| Number Down: | 50 |
| Number Unchanged: | 2 |
| Percentage Change From Issue Price: | 9.80% |
| Percentage Change for The Nasdaq Composite | -100.00% |
2024 IPO Scorecard - September 17, 2024
| Number of IPOs priced (Excluding 32 units) : | 118 |
| Number Up: | 55 |
| Number Down: | 61 |
| Number Unchanged: | 2 |
| Total Return From Issue Price: | 8.89% |
| The Nasdaq Composite Index YTD % Change | -100.00% |