initial public offerings (IPOs) trading on American exchanges

Monday, September 2, 2019

IPOs this week : Sept 2 - 6, 19

More crickets in the IPO market next week.

The quiet period expiration expires on Immode (NASDAQ:INMD) on September 3, while IPO share lockups arrive on Shockwave Medical (NASDAQ:SWAV) on September 3 and Futu Holdings (NASDAQ:FHL) on September 4.

The Asia IPO scene is just as inactive as the U.S. amid trade war concerns and Hong Kong protests, but one company wading into the IPO waters bravely is Alibaba (NYSE:BABA)-backed Megvii Technology. The AI services startup saw revenue triple to 949M yuan ($132M) during the first half of the year. Lenovo Group (OTCPK:LNVGY) and China Mobile (NYSE:CHL) are also backers of Megvii.

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