FPXI News and Press, First Trust International IPO ETF From 07/15/22

Hesperos has filed to raise around $21 million in an IPO. The firm is developing an animal-free toxicology testing platform. HESP is still in development for its platform and has produced contracting and uneven financial results. I'll provide a final opinion when we learn more...

Graphex Group has filed proposed terms for an $8 million IPO. The Hong Kong-based firm produces graphene products for use in lithium-ion batteries. GRFX has produced contracting revenue, increasing operating losses and operates in an uncertain regulatory environment. I'm on Ho...

Jianzhi Education Technology Group has filed proposed terms for a $30 million IPO. The company provides online education content to businesses and consumers in China. JZ is growing revenue but the firm faces regulatory uncertainty and the IPO is excessively priced, so I'm on Hold ...

Nano Labs has filed proposed terms for a $37 million U.S. IPO. The firm designs ASIC chips for crypto mining and 'metaverse' computing environments. NA has produced revenue growth from a tiny base, but the IPO is priced for perfection, and the company is subject to highly volatile...

First Trust International Equity Opportunities ETF (FPXI) - $0.2876. 30-Day SEC Yield of 1.21% as of May. 31. Payable Jun 30; for shareholders of record Jun 27; ex-div Jun 24. For further details see: First Trust International Equity Opportunities ETF declares quarterly distribution of ...

Biostage has filed to raise capital via an uplisting IPO to Nasdaq. The firm is developing treatments for the various gastrointestinal system and airway conditions. BSTG is still at the preclinical stage of development, so the IPO is ultra-high-risk. For further details see:...

MusclePharm has filed to raise capital via an uplisting IPO to Nasdaq. The firm sells a variety of sports nutrition and functional energy products. MSLP has produced contracting revenue and significant operating losses. For further details see: MusclePharm Files For Upli...

Starbox Group Holdings Ltd. has filed proposed terms for a $22.5 million IPO. The Malaysia-based firm provides advertising services and a mobile platform for retailers to better connect with customers. STBX is a tiny company with limited operating history, and the IPO appears pric...

CW Petroleum has filed to raise $17 million in an IPO. The firm distributes various types of fuel to wholesale customers in Southern Texas. CWPE has produced uneven financial results and wants to use the IPO proceeds to expand into convenience store ownership, among other uses. ...

NYIAX has filed proposed terms for a $20 million U.S. IPO. The company operates a marketplace for buying and selling advertising. NYX has produced tiny revenue, high operating losses and the IPO is priced for perfection. I'm on Hold for NYX although day traders may see high vo...