Along with the misery of global stock markets in September the IPO market grounded to a halt. The worst third quarter for new issuers in over a decade, with 25 IPOs raising $2.4 billion. There was some relief in the IPO market in August which came to an end with the bear market relief rally. IPO interest is on pace for its worst year in decades. In August, the traditionally slow month with Europe on holidays monthly issuance hit double … Continue reading “US IPO Issuance in September Stalled with Third Quarter Slowest in Decades”
US IPO Issuance in August Highest For 2022
With IPO interest on pace for its worst year in decades it came as a surprise that in August, the traditionally slow month with Europe on holidays monthly issuance hit double digits for the first time this year. There were 12 small IPOs issued, raising a combined $196 million. The largest deal raised just $36 million, and the median deal size remained low at $15 million. Renaissance Capital said August IPOs averaged a return of over 1,000% from offer due … Continue reading “US IPO Issuance in August Highest For 2022”
US Weekly IPO and SPAC Monitor: Hemp Cigarette’s Hempacco, Wearable Devices and bioAffinity Technologies
IPO interest is on pace for its worst year in decades after the market crashing the IPO market has been in the doldrums. New companies have few options but to burn through cash while they wait for the stock market to calm. Three small deals are scheduled to price in the week ahead. Hemp cigarette manufacturer Hempacco (HPCO), non-invasive neural input technology company Wearable Devices (WLDS) and Lung cancer diagnostics developer bioAffinity Technologies (BIAF) Last week we had Malaysian fintech … Continue reading “US Weekly IPO and SPAC Monitor: Hemp Cigarette’s Hempacco, Wearable Devices and bioAffinity Technologies”
US Weekly IPO and SPAC Monitor: B2B Marketplace GigaCloud, Technology PaxMedica, Graphex and Innovative Eyewear
IPO interest has picked up with the stock market rally. August is traditional a slow time in the market with European holidays, and this year after the market crashing the IPO market has been in the doldrums but is showing some life. Next week we have GigaCloud Technology (GCT) planning to raise $28 million at a $447 million market cap. Phase 2 Biotech PaxMedica (PXMD) plans to raise $8 million at an $80 million market cap. Innovative Eyewear (LUCY) raised $7.4 million. Graphex (GRFX) … Continue reading “US Weekly IPO and SPAC Monitor: B2B Marketplace GigaCloud, Technology PaxMedica, Graphex and Innovative Eyewear”