- This topic has 2 replies, 2 voices, and was last updated 1 month, 1 week ago by MoneyNeverSleeps.
- 17 Apr '23 at 3:08 am #56950MoneyNeverSleepsParticipant
Thanks for so much information – best IPO wrap out there!
Stand out is the holdovers that keep trying. Mainly all Chinese stocks still20 Apr '23 at 3:12 pm #57132MoneyNeverSleepsParticipant
China EV Startup U Power Soars 620% for Biggest US IPO Pop of the Year
U Power trading was halted at least 22 times Thursday
The startup, which aims to focus primarily on battery-swapping technology for electric vehicles, surged as high as $75 before closing at $43.18 after pricing its initial public offering at $6. It capped the best debut among companies to list in the US this year after blowing past the 255% boom seen for shares of Multi Ways Holdings Ltd.
U Power was halted at least 22 times Thursday after listing on the Nasdaq Capital Market. The company’s gross proceeds are expected to be about $14.5 million, before deducting underwriting discounts and commissions, and other offering expenses. WestPark Capital Inc. is the sole book running manager for the offering and Orientiert XYZ Securities Limited is a co-manager.
8.10 – 75.00
Volume / Avg
3.4 Mil /29 Apr '23 at 12:18 pm #56843Super HarleyParticipant
We have two large IPO’s scheduled to price in the week ahead. Johnson and Johnson (JNJ) set terms for floating off it’s consumer health unit Kenvue (K
[See the full post at: US Weekly IPO and SPAC Monitor: JNJ Spinoff Kenvue and biotech ACELYRIN]
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