Category Archives: The IPO Buzz

Twice: Bladder cancer biotech CG Oncology (CGON) upsized its IPO for the second time this week – by pricing 20.0 million shares at $19.00 – $1.00 above the top of its range – to raise $380.0 million on Wednesday night (Jan. 24, 2024). This is the first biotech IPO of the year – and the […]

Two Hong Kong companies – J-Long Group (JL) and SU Group Holdings (SUGP) – priced their small IPOs on Tuesday night (Jan. 23, 2024): –J-Long Group (JL) priced its IPO in sync with the terms in its prospectus – 1.4 million shares at $5.00 – the mid-point of its $4.00-to-$6.00 range – to raise $7.0 million. Eddid […]

Someone involved in this deal must like the number 17: Bladder cancer biotech CG Oncology (CGON Proposed) upsized its IPO to 17 million shares – up from 11.8 million shares originally – and kept the price range at $16.00 to $18.00. If the upsized IPO is priced at the $17.00 mid-point, CG Oncology will raise $289.0 million – […]

Whoosh! Faster than the serve of your favorite tennis star, Wilson Sporting Goods parent Amer Sports (AS proposed) set terms and launched its $1.7 billion IPO – just as the sun rose over Wall Street today (Monday, Jan. 22, 2024). Amer Sports is offering 100.0 million shares at a price range of $16.00 to $18.00. If the IPO […]

Kazakhstan’s “Super App” Kaspi.KZ (KSPI) priced its upsized IPO – 11.3 million ADS – up from 9.0 million in the prospectus – at $92.00 – below its $97.00 assumed IPO price – to raise $1.04 billion ($1,039.6 million) on Thursday night, Jan. 18, 2024. (Editor’s Note: This column, published early Friday, was updated periodically with news […]

Hong Kong-based CCSC Technology International Holdings Ltd. (CCTG) shot higher in its NASDAQ debut today. The stock opened at $5.75, up $1.75 or up 43.75 percent from its $4.00 IPO price, at 10:45 a.m. EST today (Thursday, Jan. 18, 2024) on volume of more than 100,000 shares. By 11:02 a.m. EST, CCSC Technology shares touched […]

Bladder cancer biotech CG Oncology (CGON Proposed) unveiled the terms and launched its $200.6 million IPO shortly before sunrise on Wall Street today – Thursday, Jan. 18, 2024. CG Oncology is offering 11.8 million shares at $16.00 to $18.00 to raise $200.6 million. The California biotech plans to price its IPO next week – on […]

Kazakhstan’s “Super App” Kaspi.KZ (KSPI proposed) set terms for its mega-IPO after the closing bell today – Tuesday, Jan. 16, 2024. Kaspi.KZ’s selling stockholders will offer 9.0 million American Depositary Shares (ADS) at $97.00 to raise $873 million. The mobile banking, payments and e-commerce app for Kazakhstani consumers, merchants and entrepreneurs plans to price its IPO […]

Israeli military headset manufacturer Silynxcom Ltd. (SYNX) priced its upsized IPO of 1.25 million shares at $4.00 – the low end of its range – to raise $5.0 million on Thursday night, Jan. 11, 2024, The stock started trading today – Friday, Jan. 12, 2024 – at $3.99 – down a penny from its IPO […]

  A double-digit percentage gain gave Smith  Douglas Homes Corp. (SDHC) a Champagne moment in its debut today on the New York Stock Exchange. The  profitable Georgia homebuilder’s stock ended at $24.00 – up $3.00 or up 14.29 percent from its $21.00 IPO price – in its first day of NYSE trading. Volume was about 4.04 million shares. […]