Eight issuers began trading this past week, six of which are eligible for inclusion in our IPO stats. All eight are based outside of the US, and most of the deals downsized at pricing. Two blank check IPOs also debuted. Three small IPOs and one SPAC submitted...read more
Hitek Global, which provides IT consulting and solutions services in China, raised $16 million by offering 3.2 million shares at $5, as expected. The company offered 0.8 million fewer shares than anticipated. Hitek Global originally filed with the SEC in...read more
Hitek Global, which provides IT consulting and solutions services in China, set a proposed price for its upcoming IPO on Monday. The Xiamen, China-based company now plans to raise $20 million by offering 4 million shares at $5. The company had previously...read more
Hitek Global, which provides IT consulting and solutions services in China, raised the proposed deal size for its upcoming US IPO on Thursday. The Xiamen, China-based company now plans to raise $20 million at a market cap of $75 million by offering 4...read more
US IPO Weekly Recap: 1Q IPO market wraps up with eight foreign issuers
Eight issuers began trading this past week, six of which are eligible for inclusion in our IPO stats. All eight are based outside of the US, and most of the deals downsized at pricing. Two blank check IPOs also debuted. Three small IPOs and one SPAC submitted...read more
Chinese IT firm Hitek Global prices US IPO at $5
Hitek Global, which provides IT consulting and solutions services in China, raised $16 million by offering 3.2 million shares at $5, as expected. The company offered 0.8 million fewer shares than anticipated. Hitek Global originally filed with the SEC in...read more
Chinese micro-cap IT consulting provider Hitek Global sets proposed price ahead of $20 million US IPO
Hitek Global, which provides IT consulting and solutions services in China, set a proposed price for its upcoming IPO on Monday. The Xiamen, China-based company now plans to raise $20 million by offering 4 million shares at $5. The company had previously...read more
Chinese micro-cap IT consulting provider HiTek Global ups share offering on $20 million US IPO
Hitek Global, which provides IT consulting and solutions services in China, raised the proposed deal size for its upcoming US IPO on Thursday. The Xiamen, China-based company now plans to raise $20 million at a market cap of $75 million by offering 4...read more