US Weekly IPO and SPAC Monitor: Blockchain Group Intchains and Hong Kong’s Prestige Wealth

Heading into Christmas two IPOs are scheduled to go public. China-based “Xihe” Platform provider Intchains Group (ICG) plans to raise $29 million at a $499 million market cap. Hong Kong based asset manager Prestige Wealth (PWM), plans to raise $15 million at a $63 million market cap. In the past week just two SPACs AlphaVest Acquisition (ATMVU) and Horizon Space Acquisition I (HSPOU) raised $60 million each and nano-cap biotech Lipella Pharmaceuticals (LIPO) priced. There is a chance, but unlikely E-bike maker SONDORS … Continue reading “US Weekly IPO and SPAC Monitor: Blockchain Group Intchains and Hong Kong’s Prestige Wealth”