Four very small Asian issuers listed in the US this past week. The offerings raised just $26 million combined. The week’s big news came from the pipeline, with China-based autonomous driving play Pony AI (PONY) filing for a $300 million...read more
Oriental Rise Holdings, a vertically-integrated tea producer in China, raised $7 million by offering 1.75 million shares at $4.00. The company originally filed in October 2023 to sell 3.0 million shares. Through operating subsidiary Fujian Min Dong Hong Tea...read more
Oriental Rise Holdings, a vertically-integrated tea producer in China, lowered the proposed deal size for its upcoming IPO on Monday. The Ningde, China-based company now plans to raise $8 million by offering 2 million shares at $4. The company had previously...read more
Five companies priced IPOs this week, led by Birkenstock’s (BIRK) $1.5 billion offering. Three small issuers submitted initial filings. Birkenstock priced its IPO just below the midpoint to raise $1.5 billion at an $8.6...read more
US IPO Weekly Recap: Small issuers keep the October IPO market moving
Four very small Asian issuers listed in the US this past week. The offerings raised just $26 million combined. The week’s big news came from the pipeline, with China-based autonomous driving play Pony AI (PONY) filing for a $300 million...read more
Chinese tea producer Oriental Rise Holdings prices downsized US IPO at $4.00
Oriental Rise Holdings, a vertically-integrated tea producer in China, raised $7 million by offering 1.75 million shares at $4.00. The company originally filed in October 2023 to sell 3.0 million shares. Through operating subsidiary Fujian Min Dong Hong Tea...read more
Chinese tea producer Oriental Rise lowers share offering by 33% ahead of $8 million US IPO
Oriental Rise Holdings, a vertically-integrated tea producer in China, lowered the proposed deal size for its upcoming IPO on Monday. The Ningde, China-based company now plans to raise $8 million by offering 2 million shares at $4. The company had previously...read more
US IPO Weekly Recap: Birkenstock missteps in public debut
Five companies priced IPOs this week, led by Birkenstock’s (BIRK) $1.5 billion offering. Three small issuers submitted initial filings. Birkenstock priced its IPO just below the midpoint to raise $1.5 billion at an $8.6...read more