Globavend Holdings (GVH) : 6-month performance

Globavend Holdings Ltd. is an e-commerce logistics provider offering end-to-end logistics solutions in Hong Kong, Australia, and New Zealand. The company's customers are primarily enterprise customers, e-commerce merchants, or operators of e-commerce platforms that offer business-to-consumer (B2C) transactions. It offers a one-stop solution, from pre-carriage parcel drop-off to parcel consolidation, air-freight forwarding, customs clearance, on-carriage parcel transportation, and delivery. 

Globavend serves Hong Kong, as well as four cities in Australia and in New Zealand, and its customers are primarily business-to-consumer e-commerce merchants.

• Sector: Industrials
• Industry: Integrated Freight & Logistics
• Full Time Employees: 7
• Founded by Yau Wai Yiu in 2016 
• Headquartered in Perth, Australia
• https://globavend.com

IPO: November 8, 2023; raised $6 million by offering 1.5 million shares at $4, the low end of the range of $4 to $5. The company offered 0.4 million fewer shares than anticipated.

SolarMax Technology (SMXT) : 6-week performance

SolarMax Technology, Inc.,  operates as an integrated solar and renewable energy company in the United States.

• Sector: Technology
• Industry: Solar
• Full Time Employees: 76
• Founded by David Hsu, Simon Yuan and Ching Liu in January 2008
• Headquartered in Riverside, California
• https://www.solarmaxtech.com

Ticker:  SMXT

IPOs this week : Apr 1 - 5, 24 (wk 14)

IPOs expected to price

 No new IPOs are expected to launch this week. 

IPO quiet period expirations

• Ryde Group (RYDE) and 
• Lucas GC (LGCL) 

IPO lockup expirations

• SYLA Technologies (SYT) and 
• Shengfeng Development (SFWL) 

Reddit (RDDT) will be on watch again as shares continue to gyrate after the IPO kicked off on March 21.