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TGL News

Renaissance Capital's August IPO Market Update

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While August is typically a slow month for capital markets, monthly issuance reached double digits for the first time this year as 12 small IPOs raised a combined $196 million. The largest deal raised just $36 million, and the median deal size remained low at...read more

2022 IPOs with the largest first-day pops are now some of the worst performers

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So far in 2022, IPO activity has been dominated by small, volatile issuers. Of the year’s 51 pricings to date, 19 (37%) have soared 100% or more in their debuts, while one-in-ten have jumped at least 500%. But those with the largest first-day pops have...read more

US IPO Weekly Recap: Small deals defy the typical August lull in a 4 IPO week

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While IPO activity typically takes a break in August, 2022 continues to throw curveballs. Four small deals priced this past week, joined by two SPACs. Two small IPOs and one SPAC submitted initial filings. Malaysian e-payment app ...read more

Malaysian e-payment app Treasure Global prices US IPO at $4 low end

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Treasure Global, which provides an e-payment app in Malaysia that offers instant rebates, raised $8 million by offering 2 million shares at $4, the low end of the range of $4 to $6. The company offered 0.5 million more shares than anticipated. It originally...read more