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FTEL News

Renaissance Capital's August IPO Market Update

Fitell logo

Amid the IPO market’s annual August break, five very small issuers raised a combined $42 million, well below the typically-slow month’s 10-year average (10 IPOs, $1.9B). The lineup included four traditional IPOs, all of which finished below issue,...read more

US IPO Weekly Recap: IPO market sees fitness, liquor marketing, and medical devices

FTEL

Three small issuers began trading this past week, two of which were eligible for inclusion in our IPO stats. Australia-based Fitell (FTEL) priced at the low end to raise $15 million at a $56 million market cap. The fitness retailer sells...read more

Australian fitness retailer Fitell prices US IPO at $5, the low end of the range

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Fitell, an online retailer of gym and fitness equipment in Australia, raised $15 million by offering 3 million shares at $5, the low end of the range of $5 to $6. Through its subsidiary GD Wellness, the company markets and sells fitness equipment and related...read more

US IPO Week Ahead: Small deals slip through the IPO window as annual August lull sets in

SPGC

The IPO market’s annual August lull is here, and with no notable launches this past week, we likely won’t see any major deals until...read more