New issuance started to wind down for the year in November, with eight mostly small IPOs raising a combined $348 million. Activity was well below the 10-year historical average (15 IPOs, $3.7B), though it's worth noting that deal flow often drops off in November...read more
Six IPOs and one SPAC listed this week. One IPO and two SPACs submitted initial filings. China-based robotaxi developer Pony AI (PONY) priced its upsized $260 million IPO at the top of the range, at a $5.1 billion market cap. Through...read more
Creative Global Technology Holdings, a Hong Kong-based seller of pre-owned consumer electronics, raised $5 million by offering 1.3 million shares at $4, the low end of the range of $4 to $5. At pricing, the company commands a market value of $85 million. ...read more
Creative Global Technology Holdings, a Hong Kong-based seller of pre-owned consumer electronics, lowered the proposed deal size for its upcoming IPO on Friday. In its latest filing, the company also replaced sole bookrunner Revere Securities with Prime Number...read more
Renaissance Capital's November IPO Market Update
New issuance started to wind down for the year in November, with eight mostly small IPOs raising a combined $348 million. Activity was well below the 10-year historical average (15 IPOs, $3.7B), though it's worth noting that deal flow often drops off in November...read more
US IPO Weekly Recap: Robotaxi developer and potash miner lead 6 IPO holiday week
Six IPOs and one SPAC listed this week. One IPO and two SPACs submitted initial filings. China-based robotaxi developer Pony AI (PONY) priced its upsized $260 million IPO at the top of the range, at a $5.1 billion market cap. Through...read more
Hong Kong-based Creative Global Tech prices US IPO at $4, the low end of the range
Creative Global Technology Holdings, a Hong Kong-based seller of pre-owned consumer electronics, raised $5 million by offering 1.3 million shares at $4, the low end of the range of $4 to $5. At pricing, the company commands a market value of $85 million. ...read more
Hong Kong-based Creative Global Technology slashes share offering by 50%, changes lead bank ahead of $9 million US IPO
Creative Global Technology Holdings, a Hong Kong-based seller of pre-owned consumer electronics, lowered the proposed deal size for its upcoming IPO on Friday. In its latest filing, the company also replaced sole bookrunner Revere Securities with Prime Number...read more