Category Archives: The IPO Buzz

Jin Medical (ZJYL) and YanGuFang (YGF) priced their downsized micro-cap IPOs at the low end of their price ranges on Monday night (March 27, 2023). Both started trading today (Tuesday, March 28, 2023) on the NASDAQ. Jin Medical’s stock opened flat with its $8.00 IPO price, hit a session high at $10.29, and slipped to […]

Oak Woods Acquisition Corp. (OAKUU) made its NASDAQ debut today (Friday, March 24, 2023) with a 1.9 percent gain to close at $10.19 – up 19 cents from its $10.00 unit IPO price. Volume for the day: 4,891,435 shares. The stock’s closing price and its opening trade were identical. The Oak Woods IPO started trading […]

Marine fuel logistics company CBL International (BANL) gained 10.5 percent to close at $4.42 – up 42 cents from its $4.00 IPO price – on Thursday (March 23, 2023) – its first day of trading on the NASDAQ. Volume on CBL’s opening day: 1,346,577 shares. The Malaysian company’s stock looked strong from the first tick. CBL […]

Talk about a letdown. Mangoceuticals, Inc. (MGRX), which sells an ED (erectile dysfunction) pill and offers telehealth services, ended its first day of NASDAQ trading today (Tuesday, March 21, 2023) at $4.00 – the same as its IPO price. Volume for the day: 701,809 shares. Mangoceuticals – the first IPO of spring – rose 20 […]

Asia is the theme of this week’s IPO Calendar of seven micro-cap IPOs – with four from China,  one from Singapore and one from Japan. An American ED (erectile dysfunction) telehealth company’s mini IPO is also in the playbook. For the week of March 20, 2023, Wall Street’s eyes will be fixed on the Fed’s […]

Four Leaf Acquisition Corp. (FORLU) priced its downsized SPAC IPO – 5.2 million units – down from 6.5 million units in the prospectus – at $10.00 to raise $52.0 million on Thursday night (March 16, 2023). Focused on the Internet of Things (IoT) segment, Four Leaf Acquisition is the first SPAC – or blank check […]

Intchains Group (ICG) priced its downsized IPO at $8.00 – the mid-point of its $7.00-to-$9.00 range – on Wednesday night (March 15, 2023). ICG is the second micro-cap deal to get done this week despite the turmoil in the banking sector. Intchains’ IPO – cut to 1.0 million American Depositary Shares from 1.25 million ADS […]

ICZoom Group Inc. (IZM) priced its micro-cap IPO on Tuesday night (March 14, 2023) at $4.00 – the low end of its $4.00-to-$5.00 range. The company raised $6.0 million by pricing 1.5 million shares – the same number of shares in the prospectus – at $4.00 each. ICZoom’s IPO was the first IPO priced during the […]

Four micro-cap IPOs are set to price this week in the aftermath of Silicon Valley Bank’s failure last Friday (March 10, 2023) and the collapse of New York’s Signature Bank on Sunday night. The light IPO Calendar for the week of March 13, 2023, is not a surprise. IPO investors are wary after last week’s disappointing […]

Atlas Energy Solutions, Inc. (AESI), a Texas frac sand company active in the Permian Basin, slid 5.8 percent to close its first day of trading at $16.95 – down $1.05 from its $18.00 IPO price – in its debut on Thursday (March 9, 2023) on the New York Stock Exchange. Volume: 5.89 million shares. Atlas […]