The IPO Buzz: NetClass Technology (NTCL) Prices Micro-Cap IPO at $5.00 Mid-Point
Shanghai-based NetClass Technology (NTCL) priced its micro-cap IPO at $5.00 – the mid-point of its $4.00-to-$6.00 price range – on 1.8 million shares to raise $9.0 million on Thursday night. At pricing, NetClass Technology had a market cap of $77.8 million. NetClass Technology shares started trading today – Friday, Dec. 13, 2024 – at $5.25 – up 25 cents from their IPO price - on NASDA..
Read more December 13, 2024IPO Calendar
| Company | Symbol proposed | Shares (Millions) | Est. $ Volume | Expected to Trade | SCOOP Rating | Rating Change |
|---|---|---|---|---|---|---|
| Anteris Technologies Global (NASDAQ Uplisting/Dual Listing) | AVR | 14.8 | $ 88.8 mil | 12/13/2024 Priced | S/O | S/O |
| Mountain Lake Acquisition Corp. | MLACU | 21.0 | $ 210.0 mil | 12/13/2024 Priced | S/O | S/O |
| NetClass Technology (2024 New Filing) | NTCL | 1.8 | $ 9.0 mil | 12/13/2024 Priced | S/O | S/O |
Last 100 IPOs - December 13, 2024
| Number of IPOs priced : | 100 |
| Number Up: | 47 |
| Number Down: | 48 |
| Number Unchanged: | 5 |
| Percentage Change From Issue Price: | 8.20% |
| Percentage Change for The Nasdaq Composite | 11.45% |
2024 IPO Scorecard - December 13, 2024
| Number of IPOs priced (Excluding 56 units) : | 173 |
| Number Up: | 69 |
| Number Down: | 98 |
| Number Unchanged: | 6 |
| Total Return From Issue Price: | 8.31% |
| The Nasdaq Composite Index YTD % Change | 35.22% |