Renaissance Capital logo

Commentary & News

Pre-revenue nuclear energy company Nano Nuclear Energy prices downsized IPO at $4 low end

NNE

Nano Nuclear Energy, which is developing nuclear microreactors and related fuel technologies, raised $10 million by offering 2.6 million shares at $4, the low end of the range of $4 to $6. The company offered 0.4 million fewer shares than anticipated. Nano Nuclear Energy is an early-stage nuclear energy company developing advanced portable clean energy solutions. The company is...read more

Paper packaging maker Unifoil Holdings cuts deal size by 53% ahead of $7 million IPO

UNFL

Unifoil Holdings, which produces recyclable paper-based laminates for consumer goods packaging, lowered the proposed deal size for its upcoming IPO on Monday. In its latest filing, the company also disclosed financials for the year ended December 31, 2023. The Fairfield, NJ-based company now plans to raise $7 million by offering 2 million shares at a price range of $3 to $4. The...read more

Video sharing platform Triller withdraws NYSE direct listing

ILLR

Triller, which operates a video sharing platform with owned media content, withdrew its SEC filing for a NYSE direct listing on Monday. It had filed in August 2023 and last updated its prospectus this past January. The company's withdrawal request follows its announcement last month that it plans to list via reverse merger with Hong Kong-based financial services firm AGBA Holdings ...read more

US IPO Week Ahead: EVs, auto transport, and design software to lead 6 IPO week

ZK

Six listings are currently scheduled for the week ahead, three of which plan to raise over $100 million. Chinese premium EV brand ZEEKR (ZK) plans to raise $341 million at a $4.8 billion market cap. The company was originally part of Chinese auto giant Geely Auto, but was restructured as a separate company in 2021. Its current product portfolio includes two cross...read more