The IPO Buzz: China’s Battery-Operated EV Maker ZEEKR Launches $341 Million IPO
ZEEKR Intelligent Technology Holding Limited (ZK Proposed), a battery-operated passenger EV manufacturer in China, disclosed terms for its $341 million IPO and launched the deal after the closing bell on Friday, May 3, 2024. The terms call for ZEEKR to offer 17.5 million American Depositary Shares (ADS) at a price range of $18.00 to $21.00 each to raise $341.25 million, if priced at the $19.50 mid..
Read more May 3, 2024IPO Calendar
| Company | Symbol proposed | Shares (Millions) | Est. $ Volume | Expected to Trade | SCOOP Rating | Rating Change |
|---|---|---|---|---|---|---|
| NANO Nuclear Energy | NNE | 3.0 | $ 15.0 mil | 5/8/2024 Wednesday | S/O | S/O |
| Proficient Auto Logistics | PAL | 14.3 | $ 215.0 mil | 5/9/2024 Thursday | S/O | S/O |
| Silvaco Group | SVCO | 6.0 | $ 108.0 mil | 5/9/2024 Thursday | S/O | S/O |
Last 100 IPOs - May 5, 2024
| Number of IPOs priced : | 100 |
| Number Up: | 34 |
| Number Down: | 66 |
| Number Unchanged: | 0 |
| Percentage Change From Issue Price: | 5.94% |
| Percentage Change for The Nasdaq Composite | 15.87% |
2024 IPO Scorecard - May 5, 2024
| Number of IPOs priced (Excluding 7 units) : | 61 |
| Number Up: | 24 |
| Number Down: | 37 |
| Number Unchanged: | 0 |
| Total Return From Issue Price: | 7.94% |
| The Nasdaq Composite Index YTD % Change | 7.63% |