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LMPX News

US IPO Weekly Recap: Saudi Aramco completes record-breaking Tadawul IPO

LMPX

Saudi Aramco’s IPO is officially the world’s largest IPO ever. The company priced its nearly $26 billion deal at the high end, surpassing Alibaba’s (BABA) 2014 US IPO. It will also surpass Apple as the world’s largest...read more

Nano-cap online auto marketplace LMP Automotive prices IPO at $5 low end

LMP Automotive Holdings logo

LMP Automotive Holdings, which operates an e-commerce site where users can buy, sell, and rent cars, raised $11.5 million by offering 2.3 million shares at $5, the low end of the range of $5 to $6. The company offered additional shares to maintain the $11.5...read more

US IPO Week Ahead: Saudi Aramco attempts largest-ever global IPO as US market preps for December blitz

REYN

In the week ahead, Saudi Aramco plans to raise $25 billion at a $1.7 trillion valuation in what would be the largest-ever global IPO, ahead of Alibaba's $22 billion offering in 2014 at a $175 billion valuation. We are entering the...read more

US IPO Week Ahead: The IPO market takes its Thanksgiving break

LMPX

One holdover and one SPAC plan to raise $235 million in the holiday week ahead. Nano-cap auto e-tailer LMP Automotive Holdings (LMPX) plans to raise $12 million at a $45 million market cap. After decreasing its proposed share offering and...read more