Category Archives: The IPO Buzz

Shares of Yuanbao (YB) topped $21 in their opening trade on the NASDAQ today – Wednesday, April 30, 2025 – after the small IPO was priced last night at $15.00 – the top of its range. Yuanbao, the parent of a Chinese online insurance company, priced 2.0 million American Depositary Shares (ADS) at $15.00 – […]

Call it a spring awakening. As a cold April began to wind down, the IPO market felt a warm breeze with the launch of two big IPOs for pricing next week. Aspen Insurance Holdings Ltd. (AHL Proposed) of Bermuda disclosed the terms for its $330 million IPO early Tuesday, April 29, 2025 – and launched […]

Two SPACs – Digital Asset Acquisition (DAAQU) and Real Asset Acquisition (RAAQU) – each priced a $150 million SPAC IPO – to raise a total of $300 million on Monday night, April 28, 2025. The unit structure is identical for Digital Asset Acquisition and Real Asset Acquisition: Each unit consists of one share of stock and one-half of one […]

OMS Energy Technologies, Inc. (OMSE Proposed), the Singapore-based parent of an oilfield equipment company, leads the IPO Calendar to wrap up April: This is a $50.0 million IPO with Roth Capital as the sole book-runner. The IPO market’s April 2025 swan song includes another small deal of interest – the $28.0 million IPO – an […]

Phoenix Asia Holdings Ltd. (PHOE) shares shot up to $7.00 – up 75 percent from their $4.00 IPO price – in their NASDAQ debut today – Friday, April 25, 2025 – at 10:45 a.m. EDT. Volume on that opening trade: 104,722 shares. By around 11:30 a.m. EDT, though, the thrill was gone: Phoenix Asia Holdings’ […]

Two SPACs – Crane Harbor Acquisition Corp. (CHACU) and Inflection Point Acquisition Corp. III (IPCXU)– raised a total of $420 million with the pricing of their IPOs on Thursday night, April 24, 2025. Crane Harbor Acquisition’s stock broke issue price to open at $9.98 – down 2 cents from its $10.00 IPO price – at 11:02 […]

New Providence Acquisition Corp. III/Cayman (NPACU) priced its SPAC IPO – 26.1 million units at $10.00 each – to raise $261.0 million on Wednesday night, April 23, 2025. Each unit consists of one share of stock and one-third of one redeemable warrant.   Shares of New Providence Acquisition Corp. III/Cayman slipped 1 cent to open at $9.99 on Thursday, April […]

Texas Ventures Acquisition Corp. III (TVACU), an industrial tech-focused SPAC based in Houston, priced its SPAC IPO – 20.0 million units at $10.00 each – to raise $200.0 million on Tuesday night, April 22, 2025. The pricing was in sync with the terms in the prospectus. Each unit consists of one ordinary share of Class […]

Concorde International Group Limited (CIGL), a Singapore-based security services and facilities management company, priced its micro-cap IPO at $4.00 – the assumed IPO price in the prospectus – and sold 1.25 million shares – the number of shares in the prospectus – to raise $5.0 million on Monday night, April 21, 2025. Shares of Concorde International […]

TMD Energy Ltd. (TMDE), a marine bunker fuel company based in Malaysia, priced its small IPO at $3.25 – the low end of its $3.25-to-$3.75 range – and sold 3.1 million shares to raise $10.08 million. Shares of TMD Energy opened at $3.26 – up 1 cent from their IPO price – today – Monday, […]