PWM News
Archived Headlines
- US IPO Weekly Recap: Foreign issuers and a direct listing cap off 2022 IPO filings 12/30/22
- US IPO Week Ahead: Unwrap a few IPOs in the short holiday week 12/23/22
- US IPO Weekly Recap: Mobileye soars in debut as small issuers fill up the pipeline 10/28/22
- Hong Kong-based asset manager Prestige Wealth files and sets terms for $15 million US IPO 10/25/22
US IPO Weekly Recap: Nano-cap debuts in short and quiet holiday week
There was one pricing this past week, although it did not meet the criteria for our IPO stats. Two small IPOs and two SPACs submitted initial filings. While not included in our stats, Hong Kong-based wealth manager Prestige Wealth (PWM)...read more
Hong Kong-based Prestige Wealth prices US IPO at $5, the low end of the range
Prestige Wealth, a Hong Kong-based wealth and asset management services provider, raised $5 million by offering 1 million shares at $5, the low end of the range of $5 to $6. At pricing, the company commands a market value of $45 million. ...read more
Hong Kong-based Prestige Wealth lowers deal size by 39%, changed lead bank ahead of $6 million US IPO
Prestige Wealth, a Hong Kong-based wealth and asset management services provider, lowered the proposed deal size for its upcoming IPO on Friday. In its latest filing, the company also replaced sole bookrunner Network 1 Financial Securities with Revere Securities...read more
Hong Kong-based wealth manager Prestige Wealth cuts deal size by 40% ahead of $9 million US IPO
Prestige Wealth, a Hong Kong-based wealth and asset management services provider, lowered the proposed deal size for its upcoming IPO on Friday. The company now plans to raise $9 million by offering 2 million shares at a price range of $4 to $5. It had...read more