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US IPO Weekly Recap: 2 foreign IPOs price during short Thanksgiving week

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Two companies completed US IPOs this past week: Chinese auto play TuanChe (TC) and biotech Taiwan Lipsosome Company (TLC). Both deals raised less than $25 million, with over half coming from investors that had been disclosed...read more

TuanChe prices downsized IPO at $7.80, within the range

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TuanChe, which organizes auto shows in China, raised $20 million in a downsized IPO by offering 2.6 million ADSs at $7.80, near the low end of the $7.50 to $9.50 range. Prior to the IPO, the company decreased the proposed offer size from 4.0 million ADSs to 3.0...read more

Chinese auto marketplace TuanChe lowers proposed IPO deal size by 25%

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TuanChe, which operates an automotive marketplace in China, lowered the proposed deal size for its upcoming IPO on Friday. The Beijing, China-based company now plans to raise $25.5 million by offering 3.0 million ADSs at a price range of $7.50 to $9.50....read more

Chinese auto marketplace TuanChe sets terms for $34 million US IPO

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TuanChe, which operates an automotive marketplace in China, announced terms for its IPO on Wednesday. The Beijing, China-based company plans to raise $34 million by offering 4 million ADSs at a price range of $7.50 to $9.50. Insiders intend to purchase up...read more