Category Archives: The IPO Buzz

Sometimes the mid-point is the sweet seat. Skyward Specialty Insurance Group, Inc. (SKWD) climbed 27.3 percent to close at $19.10 – up $4.10 from its $15.00 IPO price – in its NASDAQ debut on Friday the 13th (Jan. 13, 2023). Volume: 4.17 million shares. The IPO is the first $100-million-plus deal of 2023. Skyward priced its slightly upsized […]

All eyes in the IPO market are skyward this week. Skyward Specialty Insurance Group (SKWD proposed) is set to become the first big IPO of 2023. The P&C specialty insurance company’s IPO is scheduled to price Thursday night (Jan. 12, 2023) to trade Friday (Jan. 13, 2023) on the NASDAQ. The size is modestly north of the […]

Well, that didn’t take long. Skyward Specialty Insurance Group (SKWD proposed) became the first big IPO of 2023 to set terms on Wednesday, Jan. 4, 2023 – the second trading day of the new year. Skyward Specialty Insurance Group plans to offer 8.5 million shares at $14.00 to $16.00 to raise $127.5 million, according to […]

Coya Therapeutics Inc. (COYA) declined Thursday (Dec. 29, 2022) in its NASDAQ debut – opening at $4.75, down 25 cents or 5 percent from its $5.00 IPO price. The Houston biotech’s stock later slipped to $4.59, down 8.2 percent from its IPO price. Coya Therapeutics’ stock closed its first day of trading at $4.57, down […]

Exceptionally light traffic is the forecast for Christmas week. IPO bankers may price two to four micro-cap deals during the week of Dec. 27, 2022. The U.S. stock market was closed on Monday, Dec. 26, 2022, which was the federal holiday in observance of Christmas Day. Many on Wall Street are taking time off during […]

AlphaVest Acquisition Corp. (ATMVU proposed) leads the slim IPO Calendar for the week of Dec. 19, 2022. This week – with the celebration of Hanukkah and the countdown to Christmas – is traditionally the start of the IPO market’s holiday break. In this tough year for IPOs, some investors have already hit the pause button. […]

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 […]