Author Archives: Jan Paschal

LQR House (LQR) priced its micro-cap IPO of 1.0 million shares at $5.00 – the mid-point of its $4.00-to-$6.00 price range – on Wednesday night (Aug. 9, 2023) to raise $5.0 million. The deal’s pricing was in sync with the terms in the prospectus. Shares of LQR House opened flat at $5.00 at 10:45 a.m. […]

NeurAxis Inc. (NRXS), the manufacturer of the IB-Stim pain relief device to help IBS patients ages 11-18, raised $6.59 million by pricing its IPO at $6.00, as expected. The medical device maker announced its IPO pricing today (Wednesday, Aug. 9, 2023) – within an  hour of when its stock was expected to make its trading […]

Fitell Corp. (FTEL), the Australian online fitness equipment retailer, priced its micro-cap IPO at $5.00 – the low end of its $5.00-to-$6.00 range – on 3.0 million shares – the number in the prospectus – to raise $15.0 million on Monday night (Aug. 7, 2023). Fitell’s stock opened flat at $5.00 at 10:45 a.m. EDT […]

Synthetic THC (cannabinoid) drug developer MIRA Pharmaceuticals (MIRA) raised $8.93 million on Wednesday night (Aug. 2, 2023) by pricing its tiny IPO  in sync with the terms in its prospectus: 1.28 million shares (1,275,000 shares) at $7.00. The stock opened flat at $7.00 at 10:45 a.m. EDT today (Thursday, Aug. 3, 2023) in its NASDAQ […]

Bankers priced the first two IPOs of August at the low end. Both tiny deals were priced Monday night (July 31, 2023), along with a third micro-cap IPO that was priced in line with the terms in its prospectus. All three deals were set for NASDAQ debuts today – Tuesday, Aug. 1, 2023. Let’s take […]

An Asia-Pacific trip is in the IPO cards for August. As the IPO Calendar flips the page to August this week, the wind is blowing in from the Asia-Pacific region. Five of the seven micro-cap IPOs on tap so far for pricing this week and next have ties to Asia-Pacific countries – China, Australia, Japan, […]

IPO bankers priced four deals on Monday night (July 24, 2023): Two Japanese micro-cap IPOs – Earlyworks Co., Ltd. (ELWS) and Warrantee Inc. (WRNT) – , as well as  the big SPAC IPO of Keen Vision Acquisition Corp. (KWACU), and the micro-cap IPO of Boca Raton, Florida-based Janover Inc. (JNVR)  All four started trading on the NASDAQ today (Tuesday, July […]

It’s Fed week with a fistful of micro-caps on tap. A big SPAC IPO and a large NYSE direct listing – the first direct listing this year – round out the IPO Calendar for the final week of July (the week of July 24, 2023). The Street will keep its eyes on the Fed. The […]

Turnstone Biologics Corp. (TSBX) priced its upsized IPO at $12.00  – the low end of its $12.00-to-$14.00 range – on Thursday night (July 20, 2023). The company increased the size of its IPO to 6.67 million shares (6,666,667 shares) – up from 5.8 million shares in the prospectus. The early-stage cancer biotech’s IPO raised $80.04 million. […]

ODDITY Tech, Ltd. (ODD) priced its upsized IPO at $35.00 – $1.00 above the top of its recently raised price range – in a deal that produced $423.68 million in proceeds, the Israeli beauty company said early today (Wednesday, July 19, 2023). A total of 12.11 million Class A ordinary shares (12,105,261 shares) were priced […]