HLP News
Archived Headlines
- Chinese steel manufacturer Hongli Group ups share offering by 10% ahead of $28 million US IPO 09/14/22
- Chinese steel manufacturing holding company Hongli Group sets terms for $25 million US IPO 03/31/22
- Defying gravity: Small Chinese companies continue to file for US IPOs 01/21/22
- Chinese steel manufacturing holding company Hongli Group files for a $29 million US IPO 12/30/21
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 steel manufacturer Hongli Group prices further downsized US IPO at $4, the low end of the range
Hongli Group, a cold roll formed steel profile manufacturer in China, raised $8 million by offering 2.1 million shares at $4, the low end of the range of $4 to $6. The company offered 0.4 million fewer shares than anticipated. It originally planned to offer 5...read more
Chinese steel manufacturer Hongli Group further cuts share offering by 38% ahead of $13 million US IPO
Hongli Group, a cold roll formed steel profile manufacturer in China, lowered the proposed deal size for its upcoming IPO on Friday. The Shandong, China-based company now plans to raise $13 million by offering 2.5 million shares at a price range of $4 to $6....read more
Chinese steel manufacturer Hongli Group cuts share offering by 27% ahead of $20 million US IPO
Hongli Group, a cold roll formed steel profile manufacturer in China, lowered the proposed deal size for its upcoming US IPO on Monday. The Shandong, China-based company now plans to raise $20 million by offering 4 million shares at a price range of $4 to $6....read more