Six IPOs began trading this past week, led by four that raised $100+ million, the most in one week since November 2021. They were joined by two SPACs. Several small deals were unable to price (SODR, INTS, BFRG, NFTG, CWD, NRXS). Upsizing and pricing...read more
Lichen China, which provides financial and tax services in China, raised $16 million by offering 4.0 million shares at $4. The company had planned to sell 4.5 million shares at that price, but lowered its deal size by 11% at the offering. Lichen China listed on...read more
Lichen China, which provides financial and tax consultation and education support services in China, lowered the proposed deal size for its upcoming IPO on Thursday. The Jinjiang, China-based company now plans to raise $18 million by offering 4.5 million shares...read more
Six deals are expected to begin trading in the week ahead, though only five meet the criteria for our IPO stats. The group is led by AIG carve-out Corebridge Financial (CRBG) and biotech Third Harmonic Bio (THRD). In what...read more
US IPO Weekly Recap: February IPO market warms up with 4 large deals
Six IPOs began trading this past week, led by four that raised $100+ million, the most in one week since November 2021. They were joined by two SPACs. Several small deals were unable to price (SODR, INTS, BFRG, NFTG, CWD, NRXS). Upsizing and pricing...read more
Micro-cap financial and tax services provider Lichen China prices downsized US IPO at $4
Lichen China, which provides financial and tax services in China, raised $16 million by offering 4.0 million shares at $4. The company had planned to sell 4.5 million shares at that price, but lowered its deal size by 11% at the offering. Lichen China listed on...read more
Financial services provider Lichen China lowers proposed share offering by 28% ahead of $18 million US IPO
Lichen China, which provides financial and tax consultation and education support services in China, lowered the proposed deal size for its upcoming IPO on Thursday. The Jinjiang, China-based company now plans to raise $18 million by offering 4.5 million shares...read more
US IPO Week Ahead: Corebridge plots the year’s largest IPO
Six deals are expected to begin trading in the week ahead, though only five meet the criteria for our IPO stats. The group is led by AIG carve-out Corebridge Financial (CRBG) and biotech Third Harmonic Bio (THRD). In what...read more