Since the start of the year, new US IPO filing activity has slowly picked up, boosted heavily by small Asian issuers. Small companies have dominated US IPO activity in the past two years. Nearly three-quarters of new filings in 2023 have been for offerings of...read more
While the "pop-and-drop" trend of 2022 has largely been put to rest, micro-cap IPO Sacks Parente Golf (SPGC) showed that it’s not gone entirely. The California-based golf club maker raised just $13 million at a fully diluted market...read more
Three small issuers began trading this past week, two of which were eligible for inclusion in our IPO stats. Australia-based Fitell (FTEL) priced at the low end to raise $15 million at a $56 million market cap. The fitness retailer sells...read more
Black Spade Acquisition (BSAQ) shareholders are scheduled to vote on the SPAC's proposed merger with Vietnamese EV maker VinFast on Thursday, August 10. The EV maker had originally filed in December to list on the Nasdaq through a traditional IPO. However,...read more
Small Asian issuers continue to bolster the US IPO pipeline, as more countries outside of China join the mix
Since the start of the year, new US IPO filing activity has slowly picked up, boosted heavily by small Asian issuers. Small companies have dominated US IPO activity in the past two years. Nearly three-quarters of new filings in 2023 have been for offerings of...read more
Micro-cap Sacks Parente Golf pops more than 600% only to plummet in the aftermarket
While the "pop-and-drop" trend of 2022 has largely been put to rest, micro-cap IPO Sacks Parente Golf (SPGC) showed that it’s not gone entirely. The California-based golf club maker raised just $13 million at a fully diluted market...read more
US IPO Weekly Recap: IPO market sees fitness, liquor marketing, and medical devices
Three small issuers began trading this past week, two of which were eligible for inclusion in our IPO stats. Australia-based Fitell (FTEL) priced at the low end to raise $15 million at a $56 million market cap. The fitness retailer sells...read more
VinFast Auto electrifies the SPAC market with the year’s largest deal at $27 billion
Black Spade Acquisition (BSAQ) shareholders are scheduled to vote on the SPAC's proposed merger with Vietnamese EV maker VinFast on Thursday, August 10. The EV maker had originally filed in December to list on the Nasdaq through a traditional IPO. However,...read more