Eleven very small IPOs raised a combined $111 million in April, well below the 10-year average (16 IPOs, $4.0B). The month’s largest deal raised just $19 million as issuance from larger names continued to stall in the wake of March’s banking crisis....read more
Four small issuers began trading this past week, three of which are eligible for inclusion in our IPO stats. One small deal postponed (VCIG), and a few others delayed (UCAR, GDHG, GMM). Ispire Technology (ISPR) downsized and priced at...read more
Ispire Technology, which sells branded tobacco and cannabis vape devices primarily in the US and Europe, raised $19 million by offering 2.7 million shares at $7, within the range of $6 to $8. The company offered 0.3 million fewer shares than anticipated. It...read more
Ispire Technology, which sells branded tobacco and cannabis vape devices primarily in the US and Europe, lowered the proposed deal size for its upcoming IPO on Friday. In its latest filing, the company also removed SPDB International as an underwriter. The Los...read more
Renaissance Capital's April IPO Market Update
Eleven very small IPOs raised a combined $111 million in April, well below the 10-year average (16 IPOs, $4.0B). The month’s largest deal raised just $19 million as issuance from larger names continued to stall in the wake of March’s banking crisis....read more
US IPO Weekly Recap: Small deals drive activity in the IPO market's short week
Four small issuers began trading this past week, three of which are eligible for inclusion in our IPO stats. One small deal postponed (VCIG), and a few others delayed (UCAR, GDHG, GMM). Ispire Technology (ISPR) downsized and priced at...read more
Vaping brand Ispire Technology prices further downsized IPO at $7 midpoint
Ispire Technology, which sells branded tobacco and cannabis vape devices primarily in the US and Europe, raised $19 million by offering 2.7 million shares at $7, within the range of $6 to $8. The company offered 0.3 million fewer shares than anticipated. It...read more
Vaping brand Ispire Technology slashes share offering by 50% ahead of $21 million IPO
Ispire Technology, which sells branded tobacco and cannabis vape devices primarily in the US and Europe, lowered the proposed deal size for its upcoming IPO on Friday. In its latest filing, the company also removed SPDB International as an underwriter. The Los...read more