HLP News

Eight issuers began trading this past week, six of which are eligible for inclusion in our IPO stats. All eight are based outside of the US, and most of the deals downsized at pricing. Two blank check IPOs also debuted. Three small IPOs and one SPAC submitted initial filings. Oslo-listed maritime bulk carrier Himalaya Shipping (HSHP) raised $45 million at a $231...read more

Hongli Group, a cold roll formed steel profile manufacturer in China, raised $8 million by offering 2.1 million shares at $4, the low end of the range of $4 to $6. The company offered 0.4 million fewer shares than anticipated. It originally planned to offer 5 million shares, but had revised the terms several times since then. ...read more

Hongli Group, a cold roll formed steel profile manufacturer in China, lowered the proposed deal size for its upcoming IPO on Friday. The Shandong, China-based company now plans to raise $13 million by offering 2.5 million shares at a price range of $4 to $6. The company had originally filed to offer 5 million shares at the same range before increasing the offering to 5.5 million...read more

Hongli Group, a cold roll formed steel profile manufacturer in China, lowered the proposed deal size for its upcoming US IPO on Monday. The Shandong, China-based company now plans to raise $20 million by offering 4 million shares at a price range of $4 to $6. The company had previously filed to offer 5.5 million shares at the same original range. It originally filed to offer 5...read more