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UCAR News

Renaissance Capital's April IPO Market Update

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Eleven very small IPOs raised a combined $111 million in April, well below the 10-year average (16 IPOs, $4.0B). The month’s largest deal raised just $19 million as issuance from larger names continued to stall in the wake of March’s banking crisis....read more

US IPO Weekly Recap: IPO market has a full week of small deals, led by Chinese issuers

UCAR

Six small deals began trading this past week, five of which met the criteria for our IPO stats. They were joined by one blank check IPO. U Power (UCAR) downsized and priced at the low end to raise $15 million at a $315 million market cap. U...read more

Chinese battery-swapping station developer U Power prices downsized US IPO at $6 low end

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U Power, which is launching automated battery-swapping stations for electric vehicles in China, raised $15 million by offering 2.4 million shares at $6, the low end of the range of $6 to $8. The company offered 0.1 million fewer shares than anticipated. The IPO...read more

US IPO Week Ahead: Small deals bring battery-swapping, logistics, and mining to the IPO market

UCAR

Four small deals are currently scheduled to price in the week ahead, three of which are eligible for inclusion in our stats, though other issuers may join the IPO calendar late. Holdover U Power (UCAR) plans to raise $18 million at a $368...read more