Author Archives: Jan Paschal

Micro-cap IPOs are back on the runway after Kenvue (KVUE) led last week’s $4.5 billion in deals. This week’s IPO Calendar is quiet in comparison – with up to six micro-cap initial public offerings expected to raise about $94.6 million. Kenvue – Johnson & Johnson’s (JNJ) spinoff of its consumer health products business – raised […]

Upsized is the word of the week. Acelyrin Inc. (SLRN) upsized its IPO again at pricing – selling 30.0 million shares – up from 26.5 million shares, the upsized amount in the recently amended prospectus – and priced the IPO at $18.00 – the top of its range – to raise $540.0 million on Thursday night (May […]

Supersized and a strong debut: J&J’s Kenvue, Inc. (KVUE) jumped 16 percent to open at $25.53 – up  $3.53 from its $22 IPO price – in its first trade at 12:47 p.m. EDT today (Thursday, May 4, 2023) on the New York Stock Exchange, according to MarketWatch. Volume: 15.7 million shares. At the closing bell, Kenvue’s stock […]

Go for the gold. An Asia-focused SPAC – Golden Star Acquisition Corp. (GODNU) – raised $60 million on Monday night (May 1, 2023). The deal – the first in May and the 13th SPAC IPO of 2023 –  was priced in sync with the terms in its prospectus: 6.0 million units at $10.00 each. The […]

Fast start for May: Kenvue Inc. (KVUE proposed) stepped on the accelerator and moved up the pricing  date of its $3.3 billion IPO before the opening bell today (Monday, May 1, 2023). The blockbuster IPO – the biggest deal of the year so far – is set for pricing Wednesday night (May 3, 2023) to […]

Austin, Texas-based Interactive Strength (TRNR) took the high road – pricing its micro-cap IPO at $8.00 – the top of its $6.00-to-$8.00 price range – on Thursday night (April 27, 2023). The digital fitness platform and equipment company priced 1.5 million shares at $8.00 to raise $12.0 million. Interactive Strength’s stock opened at $8.35 – […]

This is huge. Kenvue Inc. (KVUE proposed), Johnson & Johnson’s consumer health company, whose brands include Tylenol and Band-Aid, filed terms for its IPO – 151.2 million shares (151,204,000 shares)  at $20.00 to $23.00 – after the closing bell today (Monday, April 24, 2023.) Kenvue’s IPO would raise $3.3 billion ($3.25 billion) – if the […]

Jayud Global Logistics Ltd. (JYD) stock gained 26 percent to close at $5.04 – up $1.04 from its IPO price – after scoring a moonshot in its NASDAQ debut today (Friday, April 21, 2023). Before noon, Jayud Global’s stock had jumped 147.5 percent. The stock shot up to $9.90 – up $5.90 from its $4.00 IPO […]

U Power Limited (UCAR) shares shot up 619.7 percent to close at $43.18 – more than seven times their $6.00 IPO price –  in their NASDAQ debut today (Thursday, April 20, 2023). That’s a mega-moonshot – and the best performance on Day 1 for any IPO so far this year. U Power blew past the 255 […]

Some like it low. Top KingWin Ltd. (TCJH) and Trio Petroleum (TPET) kicked off the week by pricing their micro-cap IPOs at the low end of their respective ranges on Monday night (April 17, 2023). But Top KingWin trimmed its number of shares at pricing, while Trio Petroleum slightly increased its deal’s size: Top KingWin cut […]