NCI News

Six IPOs debuted this past week, four of which were included on our stats, and two IPOs submitted initial filings. Enterprise data management and security platform Rubrik (RBRK) priced its upsized IPO above the range to raise $752 million at a $6.6 billion market cap. Its Rubrik Security Cloud platform delivers a cloud native SaaS platform that detects, analyzes,...read more

Neo-Concept International Group Holdings, a Hong Kong-based apparel retailer and supply chain services provider, raised $9 million by offering 2.3 million shares at $4, the low end of the range of $4 to $5. Neo-Concept International offers a full suite of services in the apparel supply chain, including market trend analysis, product design and development, raw material...read more

Neo-Concept International Group Holdings, a Hong Kong-based apparel retailer and supply chain services provider, raised the proposed deal size for its upcoming IPO on Wednesday. The company now plans to raise $10 million by offering 2.3 million shares at a price range of $4 to $5. The company had previously filed to offer 2 million shares at the same range. At the midpoint,...read more

Since the start of the year, new US IPO filing activity has slowly picked up, boosted heavily by small Asian issuers. Small companies have dominated US IPO activity in the past two years. Nearly three-quarters of new filings in 2023 have been for offerings of $50 million or less, and the majority of these small filers are based in Asia. ...read more