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NCT News

US IPO Weekly Recap: CoreWeave fails to impress in downsized IPO, as more names join the pipeline

CRWV

Six IPOs and one direct listing debuted this week. Seven IPOs and two SPACs submitted initial filings.AI-focused cloud computing provider CoreWeave (CRWV) priced its downsized IPO well below the range to raise $1.5 billion at a $22.4 billion market cap. The...read more

Hong Kong shipping company Intercont prices downsized US IPO at $7, the low end of the range

Intercont Limited logo

Intercont Limited, which provides maritime shipping and seaborn pulping services, raised $11 million by offering 1.5 million shares at $7, the low end of the range of $7 to $9. The company offered 0.4 million fewer shares than anticipated. Intercont operates a...read more

Hong Kong shipping company Intercont cuts share offering by 49% ahead of $15 million US IPO

Intercont Limited logo

Intercont Limited, which provides maritime shipping and seaborn pulping services, lowered the proposed deal size for its upcoming IPO on Wednesday.The Hong Kong-based company now plans to raise $15 million by offering 1.9 million shares at a price range of $7...read more

Hong Kong-based maritime shipping company Intercont sets terms for $30 million US IPO

Intercont Limited logo

Intercont Limited, which provides maritime shipping and seaborn pulping services, announced terms for its IPO on Monday.The Hong Kong-based company plans to raise $30 million by offering 3.7 million shares at a price range of $7 to $9. At the midpoint of the...read more