Companies are continuing to rush out IPOs before the mid-August lull. This past week saw 11 IPOs and one SPAC raise $3.4 billion. Nine went public with market caps over $1 billion, including Chinese e-commerce app Pinduoduo, the...read more
Cango, an online car marketplace for businesses and consumers in China, raised $44 million by offering 4 million shares at $11, the midpoint of the $10 to $12 range. The company originally planned to offer 12.5 million ADSs before slashing its proposed deal...read more
Cango, a online car marketplace for businesses and consumers in China, lowered the proposed deal size for its upcoming IPO on Wednesday. The Shanghai, China-based company now plans to raise $44 million by offering 4 million ADSs at a price range of $10 to...read more
Cango, an online car marketplace for businesses and consumers in China, announced terms for its US IPO on Monday. The Shanghai, China-based company plans to raise $138 million by offering 12.5 million shares at a price range of $10 to $12. At the midpoint...read more
US IPO Weekly Recap: Growth stocks surge in 11 IPO week
Companies are continuing to rush out IPOs before the mid-August lull. This past week saw 11 IPOs and one SPAC raise $3.4 billion. Nine went public with market caps over $1 billion, including Chinese e-commerce app Pinduoduo, the...read more
Cango prices IPO at $11 midpoint after slashing deal size
Cango, an online car marketplace for businesses and consumers in China, raised $44 million by offering 4 million shares at $11, the midpoint of the $10 to $12 range. The company originally planned to offer 12.5 million ADSs before slashing its proposed deal...read more
Chinese online car marketplace Cango decreases IPO shares, now raising $44 million
Cango, a online car marketplace for businesses and consumers in China, lowered the proposed deal size for its upcoming IPO on Wednesday. The Shanghai, China-based company now plans to raise $44 million by offering 4 million ADSs at a price range of $10 to...read more
Chinese online car marketplace Cango sets terms for $138 million US IPO
Cango, an online car marketplace for businesses and consumers in China, announced terms for its US IPO on Monday. The Shanghai, China-based company plans to raise $138 million by offering 12.5 million shares at a price range of $10 to $12. At the midpoint...read more