IPOS News and Press, Renaissance Capital Greenwich Fund From 01/10/23

EV maker VinFast ( VFS ), a unit of Vietnamese conglomerate Vingroup, is evaluating launching its U.S. initial public offering as soon as the second quarter, according to Bloomberg report late Monday. VinFast may raise at least $1 billion in an IPO, Bloomberg reported in November....

Tencent Holdings-backed WeDoctor plans to file for an initial public offering by the end of April. The Chinese company will go public either in the U.S. or Hong Kong, according to a Bloomberg report, which cited people familiar. WeDoctor wants to go public in the second half of the year. ...

Skyward Specialty Insurance ( SKWD ) has set preliminary terms for a proposed $128M initial public offering. The Houston-based insurer said in a filing that it is considering offering 4.75M shares priced between $14 and $16, which would raise $71.3M if priced at the midpoint. Selling ...

Corebridge Financial ( NYSE: CRBG ), TPG ( NASDAQ: TPG ), Mobileye Global ( NASDAQ: MBLY ) Bausch + Lomb ( NYSE: BLCO ), and Excelerate Energy ( NYSE: EE ) have grabbed the top five spots for biggest initial public offerings of 2022, which saw last year's r...

Music-focused digital media name LiveOne ( NASDAQ: LVO ) has commented on its filing for listing its PodcastOne ( PODC ) unit, saying the division is expected to post revenues of $25M for the first nine months of fiscal 2023 (ending this Saturday). For its last fiscal year, en...

Coya Therapeutics ( COYA ) priced its Nasdaq IPO to raise about $15.25M in gross proceeds. The ALS drug developer is offering 3.05M common shares and accompanying warrants to buy up to 1.525M shares. The company added that warrants are being sold at the rate of one w...

Summary There were ample causes for this global downdraft in equity markets. Global equity markets look likely to face a global recession in 2023, which appears to have already begun in the final quarter of 2022. Equity markets will face a tough global environment in 2023, particula...

Tensions are brewing in Europe again, but not only on the border of Ukraine and Russia. A flare-up in the Balkans is threatening the stability of the continent, with the epicenter of the conflict taking place in northern Kosovo. The republic's ethnic Serb minority and ethnic Albanian majority are...

Summary Inflation continues to moderate, not only here, but also in Europe. Despite the negative economic reports and the reaction to the Fed rate hike, the US Dollar barely budged for the week. Value yet again outperformed Growth in the last week, this time by a spread of almost 1%...

Summary While it’s been a tough year, the Federal Reserve has done investors an enormous favor in terms of the attractiveness of a wide swath of fixed-income asset classes that today look a lot more attractive than a year ago. Jay Powell and the FOMC did raise the Fed funds rate ...