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HX News

Hexindai prices $50 million best-efforts IPO at $10 midpoint; up 27% on first day

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Hexindai, a Chinese marketplace for peer-to-peer lending, raised $50 million by offering 5 million ADSs at $10. The company had planned to offer 2.7 million to 8.9 million ADSs at a range of $9 to $11 in a min-max, best-efforts IPO. Network 1 Financial...read more

Another Chinese P2P lender! Senmiao Technology files for a $20 million IPO

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Senmiao Technology, a early-stage Chinese marketplace for peer-to-peer lending, filed on Monday with the SEC to raise up to $20 million in an initial public offering. The Chengdu, China-based company was founded in 2014 and booked $0.1 million in sales for...read more

US IPO Week Ahead: Cybersecurity unicorn ForeScout Technologies headlines 6-IPO, 6-sector week

FSCT

The steady flow of IPOs in the 4Q is set to continue with six companies in six different sectors scheduled to raise a combined $2.1 billion in the week ahead. The diverse collection includes unicorn ForeScout Technologies (FSCT), an enterprise...read more

Chinese peer-to-peer marketplace Hexindai sets terms for $58 million min-max US IPO

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Hexindai, a Chinese marketplace for peer-to-peer lending, announced terms for its min-max US IPO on Monday. The offering is being made on a best-efforts, min-max basis and therefore will not be included in our IPO stats.  The Beijing, China-based...read more