IPO

Developmental-stage biopharma company Silo Pharma Inc. (NASDAQ: SILO) announced the pricing of an underwritten public offering of 1,000,000 shares of its common stock at $5.00 per share, to begin trading on NASDAQ on Tuesday, September 27, 2022 under trading symbol “SILO.” Silo’s...

Key Takeaways: After taking its Lepu Biopharma unit public in February, Lepu Medical is pressing ahead with a third attempt at listing is Lepu ScienTech unit in Hong Kong China’s healthcare regulator has said it won’t include innovative medical equipment in its bulk purchase programs,...

European markets are primed for the hotly anticipated Porsche initial public offering following news that Volkswagen is targeting a €75bn valuation upon its debut. Landing on the Frankfurt stock exchange on the 29th September, the stock’s flotation is set to be a major test for a...

Innovative Industrial Properties, Inc. (NYSE: IIPR), announced that it has commenced a public offering of 1,000,000 shares of its common stock. IIPR is an internally-managed real estate investment trust (REIT) focused on the acquisition, ownership and management of specialized...

Shipping and logistics company FedEx Corp (NYSE: FDX) announced Tuesday morning a change to its CEO to happen later in 2022 as its founder and longtime CEO will step down. Here’s a look at how shares have performed since their IPO. What Happened: FedEx announced Fred Smith, the founder,...

Akanda Corp.'s (NASDAQ:AKAN) shares soared shortly after the company's Nasdaq trading debut on Tuesday, less than a year after the cannabis company was formed. The London-based Akanda priced 4 million common shares at $4 per share for proceeds of $16 million in a...

Akanda Corp (NASDAQ: AKAN) an international medical cannabis company, announced the pricing of its initial public offering of 4 million common shares at $4.00 per share to the public for a total of $16 million in gross proceeds to the Company, prior to deducting...

Key takeaways Arrail Group has passed a listing hear in Hong Kong after becoming profitable at the operating level in its latest fiscal year Company hopes to take advantage of a fragmented Chinese dental market that could be worth 300 billion annually yuan by 2025 By Molly Wen The healthcare...

Key Takeaways: OneConnect said it has filed to make a ‘listing by introduction’ in Hong Kong, meaning it will become traded there but won’t raise any money or issue new shares Provider of digital services to banks reported its number of ‘premium’ customers grew 34%...

Key Takeaways: ‘Expert network’ operator Capvision Partners has filed for a Hong Kong listing to raise up to $300 million The company boasts fast revenue growth and impressive profit margins, but also faces regulatory risk that was the focus of a U.S. crackdown a decade ago By Doug...

By Peter Jobes Car sharing marketplace, Turo Inc has launched its filing for a stock market floatation in the United States. The Daimler AG-backed startups also revealed its finances for the first time, highlighting a 207% jump in revenue in 2021. With the company well on the road to profitability...

Key takeaways: Tuhu has filed for an IPO in Hong Kong, after reportedly abandoning its original plan to raise up to $400 million through a U.S. listing Intense competition in the aftermarket car services industry has kept the company firmly in the red, as it eyes new energy vehicles to turn the...

Key takeaways: Aquila Acquisition has applied to become Hong Kong’s first SPAC listing, formed by a group connected to China Merchants Bank Investors must put up at least $128,000 to buy the SPAC’s shares, which may be too high to create a vibrant market By Jony Ho Just a month after...

Key Takeaways: BeiGene will become the world’s first stock to be simultaneously listed in the U.S., Hong Kong and on one of China’s A-share markets Some analysts believe that a strong valuation for BeiGene’s new A-share listing could help to boost its stock price in the U.S. and...

By Anna Whitlam Think of IPO-ing your company like getting married to your new investors. You must first attract the right partners and get them engaged. Then there’s the frantic preparation, the thrill of the big day, the honeymoon phase and then, hopefully, a long and prosperous partnership...