IPO News
Transten Global Group Starts U.S. IPO Process
Transten Global Group has filed to raise $10 million in a U.S. IPO, although the final amount may differ. The company provides supply chain logistics services in China and overseas. TTG is growing top...
Reddit Stock Rockets 42% As Company Posts First Profit Since IPO And Makes Its Case As An AI Winner
Reddit stock zoomed 42% Wednesday after the tech firm posted a surprise quarterly profit, its first since going public last March. Shares finished at $116.
DoorDash Posts First Quarterly Profit Since IPO, Launches Partnership With Lyft
DoorDash reported its first quarterly profit since going public in 2020, and launched a partnership with Lyft, as the two companies combine forces against common rival Uber.
Uni-Fuels Holdings Seeks U.S. IPO Despite Low Margins And High Valuation
Uni-Fuels Holdings has filed to raise $13.5 million in a U.S. IPO. The firm sells and brokers marine fuel in ports worldwide. UFG produces very low margins and is seeking an ultra-high valuation at IP...
Aegis Capital Corp. Acted as Sole Bookrunner on a $4.2 Million (IPO) Initial Public Offering for Polyrizon Ltd. (NASDAQ: PLRZ)
NEW YORK, NY / ACCESSWIRE / October 30, 2024 / Aegis Capital Corp. acted as Sole Bookrunner on a $4.2 Million (IPO) Initial Public Offering for Polyrizon Ltd. (NASDAQ:PLRZ).
OneStream: Plenty Of Momentum Behind This Finance Software IPO
OneStream, a finance software company, went public at $20 per share and has since rallied, showcasing 30%+ revenue growth amid tighter business conditions. The company offers a comprehensive financial...
Parsons Reports Record Results Since IPO for the Third Quarter of 2024
Q3 2024 Financial Highlights Record revenue of $1.8 billion increases 28% year-over-year Record organic revenue growth of 26%, including six consecutive quarters with year-over-year organic growth abo...
Park Ha Biological Aims For U.S. IPO At Sky-High Valuation
Park Ha Biological Technology Co., Ltd. seeks $6 million in an IPO, but has wildly excessive valuation expectations given its small size and fluctuating financial metrics. The company faces numerous r...
S&P Global Market Intelligence Quarterly Report Finds Global M&A Continues to Rebound while IPO Activity Continues to Falter in Q3
NEW YORK , Oct. 29, 2024 /PRNewswire/ -- Trends for global M&A and IPO activity continue to diverge, according to S&P Global Market Intelligence's newly released Q3 2024 Global M&A and Equity Offering...
The World's First IPO of Universal Autonomous Driving Technology Company! WeRide Officially Listed on Nasdaq
NEW YORK, Oct. 28, 2024 (GLOBE NEWSWIRE) -- WeRide, the leading global commercial-stage company, was officially listed on the Nasdaq Global Select Market under the ticker symbol "WRD." Upon listing, W...
Lulu Retail seeks to raise up to $1.43 bln in biggest UAE IPO this year
Lulu Retail Holdings, which runs one of the Middle East's biggest hypermarket chains, is seeking to raise as much as 5.27 billion dirhams ($1.43 billion) in what is set to be UAE's biggest initial pub...
U.S. IPO Weekly Recap: Sizable Tech And Biotech IPOs Are Joined By A Flurry Of Small Names
Three sizable IPOs priced this past week, joined by a flurry of small issuers and blank check companies - Ingram Micro, Septerna, and WeRide. Several small issuers also listed this past week, includin...
Qiming Venture Partners Celebrates WeRide's IPO on Nasdaq
SHANGHAI , Oct. 25, 2024 /PRNewswire/ -- On October 25 th, 2024, Beijing Time, WeRide, a world-leading autonomous driving company and Qiming Venture Partners' portfolio company, began trading on Nasda...
Chinese self-driving firm WeRide raises $120 million in US IPO
Chinese self-driving firm WeRide said on Friday it has raised $120 million in its U.S. initial public offering.
Ingram Micro IPO: Major tech product distributor debuts on NYSE today after pricing its stock within target range
Ingram Micro Holding Corporation is having its initial public offering today. If you haven't heard of Ingram Micro before, it's because much of what the company does is behind the scenes, yet it's one...
Goldman-backed drug developer Septerna targets $743 mln valuation in upsized US IPO
Goldman Sachs-backed drug developer Septerna said on Thursday it was seeking a valuation of $743.1 million in its upsized initial public offering in the United States.
VCI Global Completes Founder Group Limited's IPO on Nasdaq, Records US$5.2 Million in Revenue
KUALA LUMPUR, Malaysia, Oct. 24, 2024 (GLOBE NEWSWIRE) -- VCI Global Limited (NASDAQ: VCIG) (Frankfurt: H0T) (“VCI Global” or the “Company”) is thrilled to announce the successful IPO of its client, F...
Platinum Equity's Ingram Micro raises $233 mln in US IPO
Ingram Micro priced its U.S. initial public offering at $22 per share, within its targeted range of $20 and $23 on Wednesday, raising $233.1 million, the technology distributor said.
Chinese self-driving startup WeRide files for $440 mln U.S. IPO
Chinese self-driving startup WeRide has filed for an up to $439.9 million initial public offering on Nasdaq, according to a term sheet seen by Reuters on Wednesday.
Intercont's IPO Plans Highlight Falling Revenue And Excessive Valuation
Intercont (Cayman) Limited has filed proposed terms for a $30 million U.S. IPO. The company faces significant operating and regulatory risks, with high revenue concentration from just two customers. N...
Skyline Builders Group Targets $6 Million U.S. IPO On Excessive Valuation
Skyline Builders seeks $6 million from an IPO but seeks a high valuation at IPO on low margin. The company has moderate revenue growth but significant revenue concentration risk. The Hong Kong infrast...
Hyundai Motor India Shares Slump As Trading Begins In Asia's Biggest IPO Of The Year
Shares of Hyundai Motor India, the Indian arm of South Korean billionaire Euisun Chung's car maker Hyundai Motor Company, slumped in its highly anticipated stock market debut in India on Tuesday.
Hyundai Motor India Shares Fall in Debut After Record IPO
Shares of Hyundai Motor Co.'s Indian unit fell in Mumbai. The trading debut comes after Hyundai Motor India Ltd.
UAE-based retailer Lulu CEO on the firm's IPO announcement
Saifee Rupawala, UAE supermarket Lulu CEO, speaks to CNBC's Dan Murphy about the firm which is expected to start trading on the Abu Dhabi Securities Exchange.
Hyundai Motor India drops 6% in debut after country's biggest IPO
Shares of Hyundai Motor India dropped as much as 6% in their market debut on Tuesday, after a tepid response from retail investors to the pricing of the country's largest initial public offering.
Hyundai Motor India's shares set to start trading after the country's largest IPO
The automaker had offered 142.19 million shares at a price band of 1,865 Indian rupees ($22.18) to 1,960 rupees. The shares reportedly got oversubscribed by more than two times, valuing the IPO at 278...
Pony AI Pursues U.S. IPO Amid Growth And Heavy Losses
Pony AI is seeking to raise investment in a U.S. IPO to fund its expansion and R&D efforts. The company shows strong recent revenue growth but faces significant competition and high cash burn, with fr...
Prosus expects e-commerce profit to jump in 2025, more IPOs in India
Dutch technology investor Prosus NV expects adjusted profit at its e-commerce business to surge to $400 million this fiscal year and expects more of its Indian businesses to list following Swiggy's IP...
Biotech Septerna aims to raise up to $186 million in US IPO
Biotechnology company Septerna said on Monday it is aiming to raise up to $186 million in its initial public offering in the United States.
JPMorgan predicts surge in South African IPOs amid rising economic confidence
South Africa is gearing up for a wave of initial public offerings (IPOs) and fundraising activities, set to begin as early as 2025, as the country's economic outlook brightens after years of lackluste...
GMP for Hyundai shares experiences volatility ahead of India IPO listing: should you buy?
The much-anticipated Hyundai India IPO is set to debut on October 22, 2024, on the BSE and NSE, following its historic Rs 27,870 crore offer. While the initial response from retail investors was lukew...
UAE supermarket chain Lulu to offer 25% stake in IPO and list on Adx
United Arab Emirates' Lulu Group International, which runs one of the Middle East's biggest hypermarket chains, plans to sell a 25% stake in its Abu Dhabi initial public offering, Khaleej Times report...
U.S. IPO Weekly Recap: Small Issuers Keep The October IPO Market Moving
Four very small Asian issuers listed in the US this past week; offerings raised just $26 million combined. Two Singapore companies completed US IPOs, both of which priced their offerings at the low en...
FinTech IPO Gains 3.7% as Upstart and Paymentus Lead Platforms Higher
Earnings season is barely a week old. While the headlines have centered on big banks, Wall Street trading and credit card spending, the deluge of quarterly reports has yet to be seen from the digital ...
After rejecting Google takeover, cyber firm Wiz says it will IPO 'when the stars align'
Earlier this year, cybersecurity firm Wiz rejected a $23 billion bid from Google to buy the company, a deal that would have been Google's largest-ever takeover. Roy Reznik, Wiz's co-founder and vice p...
Hyundai Motor India's record $3.3 bln IPO oversubscribed on final day
The $3.3-billion IPO of Hyundai Motor India , the country's largest yet, was fully subscribed on its final day on Thursday, as big institutional investors bid aggressively, though pricing concerns det...
Morgan Stanley's CEO Expects the IPO Market to ‘Work Its Way Back'
Ted Pick expects a sleepy IPO market to start waking up.
Tiny TEN Holdings Pursues IPO On Uneven Results And Excessive Valuation
TEN Holdings seeks to raise $12.5 million in an IPO, according to its proposed terms. The firm, specializing in virtual, physical, and hybrid events, is tiny in size and faces substantial competition ...
WestPark Capital Announces Closing of $8.6 Million IPO for Star Fashion Culture Holdings Limited (NASDAQ:STFS)
LOS ANGELES--(BUSINESS WIRE)--WestPark Capital today announced the closing of an $8.6 million initial public offering for Star Fashion Culture Holdings Limited. The offering consisted of 2,150,000 Cla...
Alibaba and Baidu Invest in China Self-Driving IPO. How It Measures Up to Tesla.
Horizon Robotics plans to raise as much as 5.41 billion Hong Kong dollars ($696.6 million) in an initial public offering on the Hong Kong stock exchange.
Global IPO Activity Picking Up But Continues To Lag Other Post-COVID Years
Global IPO activity is recovering but remains below recent years, with 326 IPOs in Q3 2024 totaling $23.32 billion, the lowest since Q1 2019. US IPO activity has increased steadily, with 36 IPOs in Q3...
Alibaba, Baidu Invest in Chinese Smart-Driving Tech Company's Near $700 Million IPO
Alibaba and search-engine giant Baidu are investing in a nearly $700.0 million equity offering by a Chinese smart-driving firm, indicating rising demand for assets in the rapidly growing market for au...
EY discusses Hyundai Motor India, Tokyo Metro IPOs
Ringo Choi, Asia-Pacific IPO leader at the accounting company, shares his outlook for initial public offerings in the region.
Pre-IPO AI And Exceptional Governance At Suro Capital
I believe Suro Capital is a superior steward of capital compared to VC hedge funds and offers significant AI infrastructure exposure without "Two and Twenty" fees. Suro's notable AI infrastructure pre...
Youxin Technology Attempts U.S. IPO A Second Time
Youxin Technology has filed revised financials and proposed IPO terms for a $10.4 million U.S. IPO. The company provides retail businesses in China with software solutions to help them engage with pro...
Hyundai India starts $3.3 billion IPO in country's largest ever share sale
The IPO shows that India's red hot capital markets show no sign of cooling.
Alibaba: Ant Group's IPO 2.0 Is Progressing, Being A Hidden Catalyst
I rate Alibaba stock as a "buy" due to catalysts like China's $1.07 trillion stimulus, Alibaba's international growth, and the end of regulatory crackdowns. Ant Group's potential IPO is a major, overl...
Here's why I won't invest in Nvidia competitor Cerebras' IPO
Cerebras Systems Inc. – a California-based artificial intelligence company is seeking to go public in the US at a valuation of about $8.0 billion in 2024. The venture-backed firm specializes in chips ...
U.S. IPO Weekly Recap: Active IPO Market Continues With KinderCare And Trio Of Biotech Deals
Four IPOs each raised at least $75 million this week as the Fall IPO market continued to hum along, while one company postponed its deal. Three small IPOs submitted initial filings this past week - Va...
CeriBell IPO: Stock price will be closely watched today as the AI brain-monitoring headband maker debuts on the Nasdaq
CeriBell, a neurodiagnostic startup known for its brain-monitoring headband that can detect seizure activity, is making its market debut on Friday in an IPO that is expected to generate $180.3 million...