Amid the typical summer slowdown, the month of August saw 7 small IPOs raise a combined $90 million, most of which were based in Asia. Activity rose slightly from last August, but was below the 10-year historical average by deal count (9 IPOs), and well below...read more
While major IPOs are on hold until after Labor Day, three small deals were completed in the last week of August. Two SPACs also priced. JBDI Holdings (JBDI) raised $11 million at a $99 million market cap, pricing at the high end of its $4 to...read more
JBDI Holdings, a Singapore-based supplier of new and reconditioned steel and plastic drums, raised $11.25 million by offering 2.25 million shares (22% secondary) at $5.00, the high end of the range of $4.00 to $5.00. JBDI Holdings has grown from a small...read more
JBDI Holdings, a Singapore-based supplier of new and reconditioned steel and plastic drums, filed on Thursday with the SEC to raise up to $10 million in an initial public offering. The Singapore-based company plans to raise $10 million by offering 2.3 million...read more
Renaissance Capital's August IPO Market Update
Amid the typical summer slowdown, the month of August saw 7 small IPOs raise a combined $90 million, most of which were based in Asia. Activity rose slightly from last August, but was below the 10-year historical average by deal count (9 IPOs), and well below...read more
US IPO Weekly Recap: Small issuers close out August IPO market
While major IPOs are on hold until after Labor Day, three small deals were completed in the last week of August. Two SPACs also priced. JBDI Holdings (JBDI) raised $11 million at a $99 million market cap, pricing at the high end of its $4 to...read more
Singapore industrial drum supplier JBDI Holdings prices US IPO at $5, the high end of the range
JBDI Holdings, a Singapore-based supplier of new and reconditioned steel and plastic drums, raised $11.25 million by offering 2.25 million shares (22% secondary) at $5.00, the high end of the range of $4.00 to $5.00. JBDI Holdings has grown from a small...read more
Singapore-based industrial drum supplier JBDI Holdings files and sets terms for a $10 million US IPO
JBDI Holdings, a Singapore-based supplier of new and reconditioned steel and plastic drums, filed on Thursday with the SEC to raise up to $10 million in an initial public offering. The Singapore-based company plans to raise $10 million by offering 2.3 million...read more