Category Archives: The IPO Buzz

Smith Douglas Homes Corp. (SDHC proposed) is the first big IPO to set terms in 2024. The Georgia homebuilder plans to offer 7.69 million shares at a price range of $18.00 to $21.00 to raise $150.0 million, according to its S-1 filing early today – Wednesday, Jan. 3, 2024. If the IPO is priced at […]

More is the buzzword for 2024. Wall Street expects that more companies will go public in 2024 than in 2023. Gene Munster of Deepwater Associates predicts that the IPO market will return to 2019 levels with more than 200 IPOs – up from 153 in 2023. IPOScoop records show the 2023 total is 163 – […]

Iron Horse Acquisitions Corp. (IROHU) increased the size of its SPAC IPO at pricing to 6.1 million units – up from 6.0 million – and priced the deal at $10.00 per unit to raise $61.0 million on Tuesday night (Dec. 26, 2023). Each unit consists of one share of common stock, one warrant to buy […]

A big SPAC IPO – Blue Room Acquisition Corp. (IBLUU proposed) –  kicks off Wall Street’s four-day work week following Christmas. Blue Room Acquisition Corp. plans to raise $200.0 million by offering 20.0 million units at $10.00 each. The New York-based blank check company intends to search for a financial services company with a market […]

Three big IPO filings slipped into the IPO Pipeline in the past three weeks – with the latest one sailing in from Bermuda. Aspen Insurance Holdings Ltd. of Hamilton, Bermuda, plans an IPO with proceeds estimated at $100 million – a placeholder figure. Aspen filed its F-1 (prospectus) on Wednesday, Dec. 20, 2023. The specialty […]

Shares of Japan’s Linkage Global  (LGCB) slipped below their $4.00 IPO price today – Tuesday, Dec. 19, 2023 – in their NASDAQ debut. Linkage Global’s stock opened at $3.98 – just 2 cents below its issue price – at 10:20 a.m. EST today on the NASDAQ. By midday, Linkage Global  traded at $3.07, down 93 cents for […]

Santa traded in his signature red outfit for a slim navy blue suit last week. Federal Reserve Chairman Jerome Powell touched off a huge rally by indicating that the Fed was looking at rate cuts in 2024 in comments during his news conference last Wednesday (Dec. 13, 2023). Powell’s remarks followed the Fed’s decision to […]

Less than 24 hours after the Fed signaled that it would cut rates in 2024, Fractyl Health (GUTS proposed) filed plans for a $100 million IPO. The metabolic therapeutics company is pioneering new approaches to treat obesity and Type 2 diabetes, according to its S-1 (prospectus) dated Dec. 14, 2023. Fractyl Health did not disclose […]

ZKH Group Ltd. (ZKH), the parent of a Chinese MRO procurement services platform business, priced its IPO at $15.50 – the low end of its $15.50-to-$17.50 range – on Thursday night (Dec. 14, 2023). ZKH Group raised $62.0 million in its IPO by pricing 4.0 million American Depositary Shares (ADS) – the number of shares in the […]

Shares of INNO Holdings (INHD) surged 246.75 percent from their $4.00 IPO price to close at $13.87 today – Thursday, Dec. 14, 2023 – in their NASDAQ debut. The stock opened at 11:12 a.m. EST today at $10.50 – more than doubling its IPO price and scoring a moonshot. A moonshot occurs when a stock […]