Category Archives: The IPO Buzz

It looks like the big boys – and girls – want to follow the sun. Nextracker Inc. (NXT proposed) launched its $500 million IPO late Wednesday (Feb. 1, 2023) after the market’s close. The solar tracker company’s IPO has a joint book-runner’s team chock full of big names. J.P. Morgan, BofA Securities, Citigroup and Barclays […]

First IPO out of the gate in February is a Taiwan-focused SPAC. Cetus Capital Acquisition Corp. (CETUU) started trading at 10:45 a.m. EST today –Wednesday, Feb. 1, 2023 – at $10.13, up 1.3 percent from its $10.00-per-unit IPO price, NASDAQ records show. Volume on that opening trade: 165,968 shares. By 11:54 a.m. EST, Cetus Capital […]

Whoosh! Structure Therapeutics, Inc. (GPCR proposed) disclosed terms for its $125.3 million IPO early today (Monday, Jan. 30, 2023) and jumped onto the IPO Calendar. This deal – the first big biotech IPO of the year –  is scheduled to price Thursday night (Feb. 2, 2023) to trade Friday (Feb. 3, 2023) on the NASDAQ. […]

The forecast for early February is a flurry of micro-cap IPOs. Nine deals – a tiny NYSE-American Exchange uplisting and eight extremely small IPOs – are on the  IPO Calendar for the week of Jan. 30, 2023. The deals range in size from $8.0 million to $22.5 million. All eight IPOs are NASDAQ listings. Bankers […]

Is this the year of the mid-point? TXO Energy Partners L.P. (TXO) gained 10 percent in its NYSE debut today (Friday, Jan. 27, 2023). TXO priced its IPO at the $20.00 mid-point of its $19.00-to-$21.00 range. TXO is the third IPO this year to price at the mid-point. The Fort Worth, Texas-based oil and gas partnership’s […]

China’s QuantaSing Group Limited (QSG) ended its first day of trading about where it started – at $12.52, up just 2 cents from its IPO price – in its NASDAQ debut. That was a quiet finish after a showy start. QuantaSing shot up 9.6 percent to $13.70 – up $1.20 from its $12.50 IPO price – when […]

The buzz this week comes from deep in the heart of Texas. TXO Energy Partners L.P. (TXO proposed) plans to price its $100 million IPO – 5 million units at a $19.00-to-$21.00 price range – on Thursday night (Jan. 26, 2023) to trade Friday, Jan. 27, on the New York Stock Exchange. The Fort Worth, Texas-based oil […]

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 […]