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
Two small IPOs debuted this past week, while six IPOs submitted initial filings. Notably, China-based autonomous driving developer WeRide (WRD) postponed its $110 million US IPO. The company, which had already delayed its IPO earlier, stated...read more
WORK Medical Technology Group, a Chinese manufacturer of disposable medical products, raised $8 million by offering 2 million shares at $4.00. The company originally filed in 2023 to offer 3 million shares at a range of $4.00 to $5.00, before lowering deal terms...read more
WORK Medical Technology Group, a Chinese manufacturer of disposable medical products, lowered the proposed deal size for its upcoming IPO on Wednesday. The Hangzhou, China-based company now plans to raise $9 million by offering 2 million shares at a price range...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: WeRide delays its IPO as pipeline gets a boost
Two small IPOs debuted this past week, while six IPOs submitted initial filings. Notably, China-based autonomous driving developer WeRide (WRD) postponed its $110 million US IPO. The company, which had already delayed its IPO earlier, stated...read more
Chinese medical products supplier WORK Medical Technology prices US IPO at $4.00
WORK Medical Technology Group, a Chinese manufacturer of disposable medical products, raised $8 million by offering 2 million shares at $4.00. The company originally filed in 2023 to offer 3 million shares at a range of $4.00 to $5.00, before lowering deal terms...read more
Chinese medical product maker WORK Medical Technology lowers deal size by 33% ahead of $9 million US IPO
WORK Medical Technology Group, a Chinese manufacturer of disposable medical products, lowered the proposed deal size for its upcoming IPO on Wednesday. The Hangzhou, China-based company now plans to raise $9 million by offering 2 million shares at a price range...read more