Author Archives: Jan Paschal

Three micro-cap deals got done Tuesday night to start trading today (Wednesday, June 15, 2022) – just hours ahead of the Fed’s expected rate hike this afternoon. Two of these three deals were small-cap IPOs. The other one was a public offering in connection with a NASDAQ uplisting from the OTCQB. All three were downsized […]

June IPO traffic is stalling for time as the S&P 500 began the week by falling into bear market territory. No traditional IPOs are on tap for pricing during the week of June 13, 2022. Just two tiny deals, including a unit offering, are on the IPO Calendar. And those deals may get pushed back, […]

Electric school bus and van maker Phoenix Motor Inc. (PEV) hit a wall today (Wednesday, June 8, 2022) in its NASDAQ debut. Phoenix Motor’s stock fell $1 from its $7.50 IPO price to open at $6.50 at 10:22 a.m. EDT on volume of 281,727 shares, NASDAQ records showed. That opening trade marked Phoenix Motor’s IPO […]

All’s quiet on the IPO front in this holiday-shortened week. The U.S. stock market was closed on Monday, May 30, 2022, for Memorial Day, the holiday honoring all U.S. military men and women who have died in service to their country. No traditional IPOs are scheduled for pricing. Instead, only four deals – two SPAC […]

No IPOs are on tap so far this week. But if you love “Carpool Karaoke,” today is worth noting. Shares of The Singing Company, Inc. (MICS) started trading today (Tuesday, May 24, 2022) on the NASDAQ – opening at $2.80 and closing at $2.75, down 31.25 percent from the public offering price – making this a […]

Marijuana is the word of the day at the NASDAQ.  Shares of Bright Green Corp. (BGXX), a federally licensed cannabis producer, are expected to be released for quotation on the NASDAQ today – Tuesday, May 17, 2022 – at 9:50 a.m. EDT. Trading is likely at around 10 a.m. This is a direct listing – […]

Hanover Bancorp (HNVR) and ProFrac Holding (PFHC) gained slightly in their NASDAQ debuts during the week of May 9, 2022. But the New York-based community bank and the Texas oilfield services (fracking) company each had a bumpy ride on their first day of trading. For the week, bankers raised $844.8 million by pricing seven deals […]

May begins with a big IPO in focus. Bausch + Lomb Corp. (BLCO proposed), the global eye care company, is going public this week with an IPO likely to raise $787.5 million – making it the second-biggest IPO of 2022.  Only TPG, Inc. (TPG), the private equity king, was bigger – with its $1 billion […]

Vaccine maker HilleVax, Inc. (HLVX proposed) hopped on to the IPO Express early today for its last run in April 2022. This is the first sizable IPO from big banks since Excelerate Energy (EE) made its successful debut on April 13th.  J.P Morgan, SVB Leerink, Stifel and Guggenheim Securities are the joint book-runners for the […]

Singapore-based JE Cleantech Holdings Limited (JCSE) took off like a rocket in its NASDAQ debut on Earth Day (Friday, April 22, 2022). Shares of JE Cleantech shot up over 370 percent on Friday afternoon in their first day of trading on the NASDAQ – surging to $18.84 from their IPO price of $4.00. JE Cleantech’s […]