ATXG News
Archived Headlines
- Renaissance Capital's August IPO Market Update 08/31/22
- Chinese garment maker Addentax Group prices Nasdaq uplisting at $5 08/31/22
- Micro-cap Chinese garment maker Addentax Group increases deal size by 150% ahead of $25 million Nasdaq uplisting 01/22/21
- Garment manufacturer Addentax Group revises terms ahead of $10 million IPO 09/20/19
Updated: Renaissance Capital's 3Q 2022 US IPO Market Review
IPO Market Misfires in the Slowest 3Q in Over a Decade It was the worst third quarter for new issuers in over a decade, with 25 IPOs raising $2.4 billion as the 2022 US IPO market remains on track to raise the lowest proceeds of any year in our firm's 30+ year...read more
US IPO Week Ahead: Small IPOs tentatively set to close out the 3Q
A handful of small deals may begin trading in the week ahead as the third quarter comes to a close, though the actual lineup is uncertain as it was reported that the Nasdaq would step up scrutiny of smaller deals.The news comes amid wild...read more
US IPO Weekly Recap: Summer IPO market ends with more small deals
The long Labor Day weekend is here, which means the summer IPO market has come to an end. Four small issuers began trading this past week, although only two met our tracking criteria. Just two IPOs and one SPAC submitted initial filings.The most notable news of ...read more
Micro-cap Chinese garment maker Addentax Group soars 13,000% in Nasdaq debut
Addentax Group (ATXG) IPO'd on the Nasdaq at $5.00 for a market cap of $158 million; the company closed its first day of trading on Wednesday valued at $20.8 billion, having soared 13,031% from the offer price in its debut.That is the highest first-day pop...read more