US Weekly IPO and SPAC Monitor: Hong Kong’s Garden Stage and FenBo

We saw just two smaller holdover Hong Kong based IPOs price this week. Hong Kong-based financial services firm Garden Stage offered more shares and priced at the low end to raise $10 million at a $64 million market cap. GSIW popped 155% first day. Hong Kong-based hair appliance maker Fenbo Holdings raised $5 million at a $55 million market cap. FEBO finished flat. In the week ahead no IPOs are expected as we come to year end. However, with the … Continue reading “US Weekly IPO and SPAC Monitor: Hong Kong’s Garden Stage and FenBo”