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GSIW News

US IPO Weekly Recap: November IPO market ends with more small deals

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Despite expectations of some major post-Thanksgiving launches, just two small Asian issuers listed in the US this past week. Hong Kong-based financial services firm Garden Stage (GSIW) offered more shares and priced at the low end to raise...read more

Renaissance Capital's November IPO Market Update

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Eleven US IPOs raised a combined $708 million in November, well below the month's historical 10-year average (16 IPOs, $4.2B). Deal flow was led by three sizable issuers, and remaining activity came from smaller companies, all of which raised $33 million or less...read more

Hong Kong-based financial services firm Garden Stage prices US IPO at $4, the low end of the range

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Garden Stage, a Hong Kong-based provider of underwriting and brokerage services, raised $10 million by offering 2.5 million shares at $4, the low end of the range of $4 to $5. The company offered 0.5 million more shares than anticipated. Garden Stage is a...read more

Hong Kong-based financial services firm Garden Stage cuts deal size by 40% ahead of $9 million US IPO

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Garden Stage, a Hong Kong-based provider of underwriting and brokerage services, lowered the proposed deal size for its upcoming IPO on Tuesday. The company now plans to raise $9 million by offering 2 million shares at a price range of $4 to...read more