In a busy week six IPOs prices last week, however there are no companies on the list in the week ahead, although some holdovers may join through the week such as Fitness equipment brand Interactive Strength (TRNR). Of the new listings, Top KingWin (TCJH), Jayud Global Logistics (JYD), U.S. GoldMining (USGO) and Trio Petroleum (TPET) all closed below issue price. WANG & LEE GROUP (WLGS) rose 26% on its debut. U Power (UCAR) UCAR surged as high as $75, up … Continue reading “US Weekly IPO and SPAC Monitor: Busy Week 6 IPOs Priced TCJH, JYD, USGO, TPET, WLGS and UCAR”
US Weekly IPO and SPAC Monitor: China’s Jayud Global Logistics, WANG & LEE
There are four companies on the list in the week ahead, Hong Kong-based contractor WANG & LEE GROUP (WLGS) plans to raise $8 million at a $75 million market cap. Jayud Global Logistics (JYD) plans to raise $7 million at a $97 million market cap. Holdovers U Power (UCAR) and early-stage gold-copper mining company U.S. GoldMining (USGO) delayed to this week. The market priced three IPOs last week, Singapore-based cancer biotech CytoMed Therapeutics (GDTC) raised $10 million and finished flat. … Continue reading “US Weekly IPO and SPAC Monitor: China’s Jayud Global Logistics, WANG & LEE”