Author Archives: Jan Paschal

Erayak Power Solution Group Inc. (RAYA), the Cayman Islands holding company of a Chinese business that makes inverters and generators for vehicles and appliances, priced its IPO on Tuesday night (Dec. 13, 2022) at $4.00 – as expected – on the full 3.0 million shares in the prospectus to raise $12.0 million. The stock slipped […]

Six small-cap IPOs are on the runway during the week of Dec. 12, 2022. Wall Street’s attention, though, was focused on the cooler-than-expected U.S. CPI data today (Tuesday, Dec. 13, 2022) and the Fed’s expected interest-rate increase on Wednesday afternoon. This week stands out for its 24-hour cycle of rate-hike decisions from the Fed, the […]

Adamas One Corp. (JEWL) – the first IPO priced in December – scored a moonshot in its debut today (Friday, Dec. 9, 2022) on the NASDAQ. The synthetic diamond company’s stock opened at 11:35 a.m. EST at $8.60 – up 91.1 percent from its $4.50 IPO price on volume of 56,590 shares, NASDAQ records show. […]

December is off to a quiet start. Just three deals are on the IPO Calendar. The new face on the IPO runway belongs to SONDORS (SODR proposed). It’s the first electric bike maker to go public. The other two deals – Bullfrog AI Holdings (BFAI/ BFAIW proposed) and Erayak Power Solution Group Inc. (RAYA proposed) – are […]

Adamas One (JEWL proposed), a synthetic diamond technology company, is one of just two companies planning to go public during this post-Thanksgiving week. Maybe the bankers and their clients are still recovering from the long holiday weekend. Erayak Power Solution Group Inc.(RAYA proposed) is the other name on this week’s IPO Calendar. Both deals – Adamas One and Erayak […]

Power plays are back in style. Two big oil and gas IPOs – BKV Corp. (BKV proposed) and TXO Energy Partners (TXO proposed) – slid into the IPO pipeline in the past week. Each is estimated at $100 million. The timing was perfect – in sync with icy temperatures across much of the U.S., a record snowstorm […]

Acrivon Therapeutics (ACRV) priced its IPO at $12.50 – far below its initial price range of $16.00 to $18.00 – and sold 7.55 million shares (7,550,000 shares) on Monday night (Nov. 14, 2022) to raise $94.38 million. That’s a much smaller deal than the cancer biotech had originally planned. Acrivon Therapeutics initially expected to raise […]

Atour Lifestyle Holdings Ltd. (ATAT), a leading midscale hotel chain in China, flew first class in its NASDAQ debut on Friday (Nov. 11, 2022). Atour’s stock soared 41 percent to open at $15.50 – up $4.50 from its $11.00 IPO price – in its opening trade at 10:33 a.m. EST on Friday, NASDAQ records showed, […]

Acrivon Therapeutics (ACRV proposed), a cancer biotech aiming to raise $100.3 million, leads a life sciences-focused IPO Calendar of seven deals during this election week. This is the first big IPO ($100 million-plus) to land on the IPO Calendar since Mobileye Global, Inc. (MBLY) scored its successful IPO in late October. Four of this week’s seven deals are from […]

Acrivon Therapeutics (ACRV proposed), a cancer biotech, filed terms – 5.9 million shares at $16.00 to $18.00 – early today (Thursday, Nov. 3, 2022) and landed on next week’s IPO Calendar. The deal, which will raise $100.3 million if priced at the $17.00 mid-point, launched today as well. It’s set to price on Wednesday night, […]