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TPET News

Renaissance Capital's April IPO Market Update

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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: IPO market has a full week of small deals, led by Chinese issuers

UCAR

Six small deals began trading this past week, five of which met the criteria for our IPO stats. They were joined by one blank check IPO. U Power (UCAR) downsized and priced at the low end to raise $15 million at a $315 million market cap. U...read more

Oil and gas E&P Trio Petroleum prices IPO at $3, the low end of the range

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Trio Petroleum, a California-based oil and gas E&P, raised $6 million by offering 2 million shares at $3, the low end of the range of $3 to $4. The company offered 0.3 million more shares than anticipated. Trio Petroleum Corp. is an oil and gas exploration...read more

Oil and gas E&P Trio Petroleum sets terms for $6 million IPO

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Trio Petroleum, a California-based oil and gas E&P, announced terms for its IPO on Friday. The Danville, CA-based company plans to raise $6 million by offering 1.7 million shares at a price range of $3 to $4. At the midpoint of the proposed range, Trio...read more