Senmiao Technology, an early-stage Chinese marketplace for peer-to-peer lending, raised $12 million by offering 3.0 million shares at $4.00, the low end of the range of $4.00 to $4.50. At $4.00, the company commands an IPO market cap of $102 million and an...read more
Senmiao Technology, an early-stage Chinese marketplace for peer-to-peer lending, announced terms for its IPO on Tuesday. The Chengdu, China-based company plans to raise $14 million by offering 3.3 million shares at a price range of $4.00 to $4.50. At the...read more
Average first day pops ranged from -41% to +41% as nine deals raised a combined $2.1 billion this week. High-end software provider Altair was the top performer, returning 41% on its market debut, as investors valued its sticky...read more
US IPO Weekly Recap: Tech unicorn Zscaler pops 100%, Dropbox and Spotify up next
As expected, the year's first unicorn was a winner. Cybersecurity provider...read more
Micro-cap Chinese fintech Senmiao Technology prices $12 million IPO at $4 low end
Senmiao Technology, an early-stage Chinese marketplace for peer-to-peer lending, raised $12 million by offering 3.0 million shares at $4.00, the low end of the range of $4.00 to $4.50. At $4.00, the company commands an IPO market cap of $102 million and an...read more
Chinese P2P lending platform Senmiao Technology sets terms for $14 million US IPO
Senmiao Technology, an early-stage Chinese marketplace for peer-to-peer lending, announced terms for its IPO on Tuesday. The Chengdu, China-based company plans to raise $14 million by offering 3.3 million shares at a price range of $4.00 to $4.50. At the...read more
US IPO Weekly Recap: No Pop! for Funko in 9 IPO week
Average first day pops ranged from -41% to +41% as nine deals raised a combined $2.1 billion this week. High-end software provider Altair was the top performer, returning 41% on its market debut, as investors valued its sticky...read more