Two small issuers began trading this past week, one of which is eligible for inclusion in our IPO stats, joined by one blank check IPO. Three small IPOs and one SPAC submitted initial filings. Though there were no large launches or pricings, three issuers on...read more
Intchains Group, a China-based fabless designer of ASIC chips for blockchain applications, raised $8 million by offering 1 million ADSs at $8, within the range of $7 to $9. The company offered 0.3 million fewer ADSs than anticipated. It originally planned to...read more
With no large post-Presidents’ Day launches this past week, six small companies are scheduled to list in the week ahead. Micro-caps have remained fairly active so far this year despite increased scrutiny from regulators, and should continue to boost deal...read more
Intchains Group, a China-based fabless designer of ASIC chips for blockchain applications, lowered the proposed deal size for its upcoming IPO on Wednesday. The Shanghai, China-based company now plans to raise $10 million by offering 1.3 million ADSs at a price...read more
US IPO Weekly Recap: Two small deals begin trading as big IPOs wait in the wings
Two small issuers began trading this past week, one of which is eligible for inclusion in our IPO stats, joined by one blank check IPO. Three small IPOs and one SPAC submitted initial filings. Though there were no large launches or pricings, three issuers on...read more
Chinese chip designer Intchains Group prices downsized US IPO at $8 midpoint
Intchains Group, a China-based fabless designer of ASIC chips for blockchain applications, raised $8 million by offering 1 million ADSs at $8, within the range of $7 to $9. The company offered 0.3 million fewer ADSs than anticipated. It originally planned to...read more
US IPO Week Ahead: March IPO market set to kick off with micro-cap madness
With no large post-Presidents’ Day launches this past week, six small companies are scheduled to list in the week ahead. Micro-caps have remained fairly active so far this year despite increased scrutiny from regulators, and should continue to boost deal...read more
Chinese chip designer Intchains Group cuts ADS offering by 65% ahead of $10 million US IPO
Intchains Group, a China-based fabless designer of ASIC chips for blockchain applications, lowered the proposed deal size for its upcoming IPO on Wednesday. The Shanghai, China-based company now plans to raise $10 million by offering 1.3 million ADSs at a price...read more