The IPO Buzz: Ivanhoe Electric Prices IPO at the Low End
Ivanhoe Electric Inc. (IE) priced its IPO on Monday night (June 27, 2022) at $11.75 – the low end of its $11.75-to-$12.50 price range – and sold the full 14.39 million shares listed in the prospectus. The deal, a carryover from last week, raised $169.08 million. Ivanhoe Electric’s stock opened flat at $11.75 in its debut on the NYSE American on Tuesday (June 28) and rose to an intraday hig..
Read more June 27, 2022IPO Calendar
| Company | Symbol proposed | Shares (Millions) | Est. $ Volume | Expected to Trade | SCOOP Rating | Rating Change |
|---|---|---|---|---|---|---|
| Nano Labs Ltd. | NA | 3.5 | $ 36.8 mil | 7/5/2022 Week of | S/O | S/O |
| Onfolio Holdings Inc. | ONFO | 1.7 | $ 9.0 mil | 7/5/2022 Week of | S/O | S/O |
| Virax Biolabs Group Limited | VRAX | 1.4 | $ 6.8 mil | 7/5/2022 Week of | S/O | S/O |
Last 100 IPOs - July 1, 2022
| Number of IPOs priced : | 100 |
| Number Up: | 17 |
| Number Down: | 83 |
| Number Unchanged: | 0 |
| Percentage Change From Issue Price: | -36.58% |
| Percentage Change for The Nasdaq Composite | -28.61% |
2022 IPO Scorecard - July 1, 2022
| Number of IPOs priced (Excluding 85 units) : | 47 |
| Number Up: | 11 |
| Number Down: | 36 |
| Number Unchanged: | 0 |
| Total Return From Issue Price: | -10.96% |
| The Nasdaq Composite Index YTD % Change | -29.51% |