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Opening Day: Snail Slides In Public Debut, Then Announces Share Buyback
Article By:
The Fly
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Saturday, November 12, 2022 1:40 PM EDT
Shares of digital gaming company Snail opened for trading more than 50% lower at $2.20 after pricing shares of its Class A common stock at $5, then followed its first day on the market with a buyback announcement that jolted the stock higher.
Week In Review: AIM Vaccine Stages $20 Million IPO On Hong Kong Exchange
Article By:
ChinaBio® Today
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Saturday, October 8, 2022 2:30 PM EDT
Beijing AIM Vaccine conducted a very small IPO on the Hong Kong exchange, raising just $20 million, which netted the company only $10 million. Interest in the offering was low, with less than 1% of the company shares sold in the offering.
Week In Review: YishengBio To List On NASDAQ Via SPAC Merger At An $834 Million Value
Article By:
ChinaBio® Today
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Saturday, October 1, 2022 2:40 PM EDT
Beijing YishengBio will merge with a SPAC vehicle, Summit Healthcare Acquisition, to list on the NASDAQ Exchange at a pre-money equity value of $834 million. The merger is expected to provide up to $230 million in cash to YishengBio.
Buy Volkswagen To Ride Along With Porsche's IPO
Article By:
MoneyShow.com
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Saturday, September 24, 2022 12:40 PM EDT
Even in bad markets, there are attractive opportunities to put our money to work in our portfolios. One of them is the upcoming spin off of Porsche from Volkswagen AG. This IPO is expected on Sept. 29, with valuations ranging from $60 to $80 billion.
Opening Day: AIG's Corebridge Gets Lukewarm Reception In Largest IPO Of 2022
Article By:
The Fly
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Saturday, September 17, 2022 12:40 PM EDT
After completing the largest US IPO of the year, shares of Corebridge slipped amid an unenthusiastic reception. The life and asset management arm of the insurance group, AIG, had priced its initial public offering at the low end of its target range.
Week In Review: Biocytogen, A Genetically Modified Animal Models Company, Stages $60 Million IPO
Article By:
ChinaBio® Today
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Saturday, September 3, 2022 3:51 PM EDT
Beijing Biocytogen Pharma completed a $60 million IPO on the Hong Kong Exchange for its genetically modified animal and cell model business, which it offers to pharmaceutical/biotech companies. Biocytogen has a market capitalization of $357 million.
Opening Day: Shuttle Pharmaceuticals Rockets Higher In Market Debut
Article By:
The Fly
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Saturday, September 3, 2022 1:00 PM EDT
Shares of Shuttle Pharmaceuticals soared in their market debut, ending their first trading session up more than 370% during a slow week for initial public offerings. Trading shares of the drug researcher was halted multiple times due to volatility.
Opening Day: Starbox, Jianzhi Jump In Debuts As IPOs Face Worst Year In Decades
Article By:
The Fly
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Saturday, August 27, 2022 12:40 PM EDT
Starbox stock soared over 1000% following the company's market debut, opening at $27 and rising to as high as $46.01 in its first trading day after pricing its IPO at $4 per share. This comes as the IPO market faces its worst year in decades.
Opening Day: Hong Kong's GigaCloud Jumps In Nasdaq Debut
Article By:
The Fly
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Saturday, August 20, 2022 12:39 PM EDT
Shares of Hong Kong-based online marketplace provider GigaCloud jumped almost 30% in its debut earlier this week. It opened at $19.20 on Thursday, up 57% from its original price of $12.25 per share. JD.com owns a 12% stake in the platform.
Opening Day: Magic Empire Opening Surge Calls To Mind AMTD Digital Frenzy
Article By:
The Fly
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Saturday, August 6, 2022 1:00 PM EDT
Shares of Bruush Oral Care were sharply lower in their first day of trading on the Nasdaq, while Magic Empire Global followed in the footsteps of another Hong Kong-based fintech company with an explosion higher after coming public in the U.S.
Opening Day: Immune-Oncology Company MAIA Biotechnology Drops In Market Debut
Article By:
The Fly
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Saturday, July 30, 2022 1:00 PM EDT
Shares of immune-oncology company MAIA Biotechnology dropped almost 15% in the company's trading debut on Thursday after the IPO was priced at the low end of expectations. On the flip side, ECB Bancorp's stock jumped over 40% in its market debut.
Wall Street Wins Again – SPAC Edition
Article By:
Lance Roberts
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Friday, July 29, 2022 9:54 AM EDT
Every investment strategy has a consequence and you will lose money from time to time. The only difference is the amount of the loss, what causes it, and what you do about it.
Opening Day: Virax Biolabs Shares Soar In Trading Debut
Linmon Pictures Passed The Hearing For IPO On The Hong Kong Stock Exchange
Article By:
EqualOcean
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Thursday, July 21, 2022 7:42 AM EDT
Linmon Pictures successfully passed the hearing of the Hong Kong Stock Exchange and will be listed on the main board. For the firm, the road to IPO has not been a smooth one.
Opening Day: AMTD Digital Soars In Trading Debut
Article By:
The Fly
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Saturday, July 16, 2022 2:20 PM EDT
Shares of AMTD Digital jumped on Friday as the digital platform and controlled subsidiary of AMTD IDEA Group raised almost $125 million in its initial public offering. Meanwhile, Intelligent Living Application Group opened on July 14 at $22.01.