initial public offerings (IPOs) trading on American exchanges
Showing posts with label PMAX. Show all posts
Showing posts with label PMAX. Show all posts

Monday, September 2, 2024

IPOs this week : Sept 2 - 6, 2024 (wk 36)

IPOs expected to price
  • Powell Max Limited (PMAX) is the only IPO expected to price this week and begin to trade. The Hong Kong-based financial communications service firm plans to raise as much as $9.9 million by offering 1.65 million shares at a price range of $4 to $6. At the midpoint of the proposed range, Powell Max would have a market value of $71 million. 
IPO lockup expirations
  • The IPO lockup period expires for blocks of shares of Lucas GC Limited (LGCL).

Monday, August 19, 2024

IPOs this week : Aug 19 - 23, 24 (wk 34)

 
WeRide – Guangzhou, China, 6.5 million shares, priced at $15.50-$18.50, managed by Morgan Stanley JP Morgan. Proposed Nasdaq symbol WRD. Business: Chinese developer of autonomous vehicle systems and software.

YHN Acquisition I – Hong Kong, 6 million shares, priced at $10, managed by Lucid Capital Markets. Proposed Nasdaq symbol YHNAU. Business: Blank check company led by executives from boutique SPAC firm Norwich Capital.

XCharge – Beijing, 3.3 million shares, priced at $6-$8, managed by Tiger Brokers Huatai. Proposed Nasdaq symbol XCH. Business: Provides DC fast chargers and related EV technology out of China and Europe.

Cuprina Holdings – Singapore, 3.8 million shares, priced at $4, managed by Network 1. Proposed Nasdaq symbol CUPR. Business: Singapore-based provider of skincare and chronic wound care products.

Trident Digital Tech – Singapore, 1.8 million shares, priced at $5-$7, managed by WallachBeth Revere Sec.. Proposed Nasdaq symbol TDTH. Business: Provides business consulting, marketing, and IT services to SMEs in Singapore.

Reitar Logtech – Hong Kong, 2.1 million shares, priced at $4-$5, managed by Cathay Securities. Proposed Nasdaq symbol RITR. Business: Provides design and other services to the logistics industry in Hong Kong.

Powell Max – Hong Kong, 1.7 million shares, priced at $4-$6, managed by WallachBeth Revere Sec.. Proposed Nasdaq symbol PMAX. Business: Provides financial communication services in Hong Kong.

IPO quiet period expirations
The quiet period ends for 
  • Lineage (LINE), 
  • OneStream (OS), and 
  • LATAM Airlines Group S.A. (LTM) to free up analysts to post ratings.