Category Archives: The IPO Buzz

Snap, crackle, pop! Just like that, TXO Energy Partners L.P. (TXO proposed) set terms early today (Wednesday, Jan. 18, 2023) for its $100 million IPO – 5 million units at a $19.00-to-$21.00 price range. The Fort Worth, Texas-based oil and natural gas limited partnership’s IPO is expected to price late next week. (See our IPO Calendar.) […]

QuantaSing Group Limited (QSG proposed) is the name to note on the IPO Calendar for this short holiday week. It’s one of three companies set to go public after Wall Street gets back to work on Tuesday (Jan. 17, 2023).  The U.S. stock market was closed Monday (Jan. 16, 2023) for the MLK, Jr. holiday, […]

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 […]