Category Archives: The IPO Buzz

Safe Pro Group (SPAI) priced its downsized small-cap IPO at $5.00 – the mid-point of its $4.75-to-$5.25 price range – and sold 1.0 million shares to raise $5.0 million on Tuesday night, Aug. 27, 2024. Safe Pro’s stock started trading at $4.00 – down $1.00 or off 20 percent from its $5.00 IPO price – […]

Entertainment and lifestyle-focused Black Spade Acquisition II (BSIIU) raised $150 million – as expected – with the pricing of its SPAC IPO of 15.0 million units at $10.00 each on Tuesday night, Aug. 27, 2024. Each unit consists of one Class A ordinary share and one-third of one redeemable warrant. Black Spade Acquisition II shares […]

Autozi Internet Technology (Global) Ltd.  (AZI) of China priced its small-cap IPO at $4.00 – the low end of its $4.00-to-$5.00 price range – and sold 2.5 million shares – the number of shares in the prospectus – to raise $10.0 million on Tuesday night, Aug. 27, 2024. Autozi’s stock opened at $3.90 – down […]

August is winding down this week with just five small IPOs in the offing.  A couple of SPAC IPOs are on the pricing radar as well. That light traffic is typical for this time of year. It’s a popular getaway week for Wall Street pros and investors  in the countdown to the Labor Day holiday […]

Industrial drum supplier JBDI Holdings (JBDI) of Singapore priced its micro-cap IPO at $5.00 – the high end of its range – and sold  2.25 million shares – as expected – to raise $11.25 million on Monday night, Aug. 26, 2024. The terms in the prospectus showed a price range of $4.00 to $5.00. Of the […]

Two small IPOs raised a total of $16.5 million on Thursday night (Aug. 22, 2024) – WORK Medical Technology Group Ltd. (WOK) brought in $8.0 million – and Reitar Logtech Holdings (RITR) took in $8.5 million. Both holding companies are incorporated in the Cayman Islands. Both IPOs started trading today – Friday, Aug. 23, 2024 […]

WeRide (WRD Proposed) of China intends to price its IPO this week after delaying the $109.7 million deal last Thursday – hours ahead of the expected pricing. WeRide, an autonomous driving company best known for its robotaxis, is the largest IPO on the IPO Calendar for the week of Aug. 19, 2024. Two small IPOs […]

SilverBox Corp. IV  (SBXD.U) raised $200.0 million – as expected – with its SPAC IPO priced on Thursday night, Aug. 15, 2024. The deal’s terms: 20.0 million units at $10.00 each. Each unit consists of one Class A ordinary share and one-third of one redeemable warrant. SilverBox Corp. IV shares opened at $10.00 – even with […]

YXT.COM Group Holding (YXT) priced its IPO at $11.00 – the low end of the range – and trimmed the deal’s size at pricing to 2.273 million American Depositary Shares – down from 2.75 million ADS in the prospectus – to raise $25.0 million on Thursday night, Aug. 15, 2024. Each ADS equals three ordinary shares. […]

HCM II Acquisition Corp. (HONDU) priced its SPAC IPO in sync with the terms in the prospectus – 20 million units at $10.00 each – to raise $200 million on Thursday night, Aug. 15, 2024. Each unit consists of one Class A ordinary share and one-half of one redeemable warrant. HCM II Acquisition’s stock opened […]