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OPBK News

US IPO Weekly Recap: 8-IPO week caps record 1Q with a flurry of Chinese deals

IQ

Eight US IPOs raised $3.3 billion this week, including four Chinese deals and three biotechs. iQIYI raised $2.3 billion, making it the largest Chinese IPO...read more

Korean-American bank OP Bancorp prices $22 million IPO within the range at $11

OP Bancorp logo

OP Bancorp, a California commercial bank primarily serving Korean-American communities, raised $22 million by offering 2.0 million shares at $11, toward the upper end of the range of $9.50 to $11.50. At $11, OP Bancorp is valued at a fully diluted market value...read more

US IPO Week Ahead: Largest Chinese deal since Alibaba leads 8-IPO week

GHG

Eight companies aim to raise a combined $3.5 billion in the short holiday week. Four Chinese IPOs lead the way, headlined by iQIYI (IQ), planning to raise over $2 billion in the largest Chinese offering since Alibaba in 2014. It is joined by...read more

Korean-American community bank OP Bancorp sets terms for $21 million Nasdaq IPO

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OP Bancorp, a California commercial bank primarily serving Korean-American communities, announced terms for its IPO on Tuesday. The company is thinly traded on the OTCQB under the symbol OPBK, and finished Tuesday at $11.25 per share. The Los Angeles,...read more