Amid the typical summer slowdown, the month of August saw 7 small IPOs raise a combined $90 million, most of which were based in Asia. Activity rose slightly from last August, but was below the 10-year historical average by deal count (9 IPOs), and well below...read more
Two small IPOs debuted this past week, while six IPOs submitted initial filings. Notably, China-based autonomous driving developer WeRide (WRD) postponed its $110 million US IPO. The company, which had already delayed its IPO earlier, stated...read more
Reitar Logtech Holdings, which provides design and other services to the logistics industry in Hong Kong, raised $9 million by offering 2.1 million shares at $4, the low end of the range of $4 to $5. Reitar Logtech's business primarily consists of two segments:...read more
Reitar Logtech Holdings, which provides design and other services to the logistics industry in Hong Kong, lowered the proposed deal size for its upcoming IPO on Tuesday. In its latest filing, the company also replaced its sole bookrunner Univest Securities with...read more
Renaissance Capital's August IPO Market Update
Amid the typical summer slowdown, the month of August saw 7 small IPOs raise a combined $90 million, most of which were based in Asia. Activity rose slightly from last August, but was below the 10-year historical average by deal count (9 IPOs), and well below...read more
US IPO Weekly Recap: WeRide delays its IPO as pipeline gets a boost
Two small IPOs debuted this past week, while six IPOs submitted initial filings. Notably, China-based autonomous driving developer WeRide (WRD) postponed its $110 million US IPO. The company, which had already delayed its IPO earlier, stated...read more
Hong Kong-based logistics services firm Reitar Logtech prices $9 million US IPO at $4, the low end of the range
Reitar Logtech Holdings, which provides design and other services to the logistics industry in Hong Kong, raised $9 million by offering 2.1 million shares at $4, the low end of the range of $4 to $5. Reitar Logtech's business primarily consists of two segments:...read more
Hong Kong-based Reitar Logtech lowers share offering by 15%, replaces sole bookrunner ahead of $10 million US IPO
Reitar Logtech Holdings, which provides design and other services to the logistics industry in Hong Kong, lowered the proposed deal size for its upcoming IPO on Tuesday. In its latest filing, the company also replaced its sole bookrunner Univest Securities with...read more