IPOS News and Press, Renaissance Capital Greenwich Fund From 05/14/23

2023-05-14 07:00:00 ET Summary No IPOs began trading or submitted initial filings this past week, as the sole scheduled deal, Strong Global Entertainment, was delayed to the week ahead. Vietnamese EV maker, VinFast, announced plans to merge with SPAC Black Spade Acquisition. T...

2023-05-10 23:50:00 ET Summary A further acceleration of services sector growth pushed the pace of global expansion to a 16-month high in April. All major economies reported robust service sector growth, in all cases outperforming manufacturing which consequently remained broadly ...

2023-05-07 08:08:00 ET Summary The month of May started off with two large IPOs, Kenvue and ACELYRIN. Two blank check IPOs also priced this past week. One company is scheduled to list in the week ahead. Following April’s stream of micro-cap activity , the ...

2023-04-17 11:45:00 ET Summary Poor market conditions effectively shut down the U.S. IPO (initial public offering) market in 2022. We analyzed previous IPO droughts (2003 and 2008) to assess when the market may rebound. Despite strong performance on the day of issuance, companies ...

Summary The IPO market was quieter than expected this past week. Both deals on the calendar delayed, and there was no wave of post-Presidents’ Day launches. With no large post-Presidents’ Day launches this past week, six small companies are scheduled to list in the week ah...

LITE develop LiDAR solutions for ADAS. For further details see: Chinese LiDAR provider Hesai files for proposed $100M US IPO

RV rental platform Rvelocity (RVGO) has filed to raise around $10M through an initial public offering. Rvelocity didn't indicate in its filing the number or price of the shares to be offered, but indicated in a filing fee schedule that it was looking to offer up to $10M of its stock, ...

Video game and NFT marketer Ultimax Digital ( NFTX ) has updated terms for a proposed $18M initial public offering, of which half the shares would be offered by certain stockholders. Ultimax said in a filing that it is now looking to offer 1.9M shares priced between $4 and $5, wh...

The US IPO market could normalize by the end of the third quarter if the market hits bottom this quarter as the number of privately held "unicorns," or companies valued at least $1B, reaches a record high, according to MKM Partners. MKM said in a recent note that history has shown the IPO mar...

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....