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Hong Kong-based furniture maker Decca Investment narrows range ahead of $30 million US IPO

DCCA

Decca Investment, a Hong Kong-based maker of wooden furniture and fixtures, narrowed the price range for its upcoming IPO on Monday. The Hong Kong-based company now plans to raise $30 million by offering 6 million shares at a price range of $4 to $6. The company had previously filed to offer the same amount of shares at a range of $4 to $7. At the midpoint of the revised range,...read more

Renaissance Capital's October IPO Market Update

MBLY

With just two IPOs, it was the slowest October for the IPO market since 2011, though it was also the first month this year to produce only $100+ million IPOs, as small issuers continued to delay amid rising scrutiny. Intel's driver-assistance tech unit Mobileye (MBLY) and preclinical gene editing biotech Prime Medicine (PRME) were the only...read more

US IPO Weekly Recap: Mobileye soars in debut as small issuers fill up the pipeline

MBLY

Intel’s Mobileye Global (MBLY) was the sole US IPO this past week. Six small IPOs submitted initial filings, including five Chinese companies. Assisted-driving and self-driving car unit Mobileye dominated the week’s headlines, ...read more

Hong Kong-based furniture maker Decca Investment files and sets terms for a $33 million US IPO

DCCA

Decca Investment, a Hong Kong-based maker of wooden furniture and fixtures, filed on Wednesday with the SEC to raise up to $33 million in an initial public offering. The Hong Kong-based company plans to raise $33 million by offering 6 million shares at a price range of $4 to $7. At the midpoint of the proposed range, Decca Investment would command a market cap of $253 million. ...read more