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Commentary & News

US IPO Week Ahead: More small deals keep the summer IPO market moving

STBX

Two small deals are scheduled to price in the week ahead, only one of which is large enough to be included in our IPO stats. More small issuers may join the calendar during the week. Starbox Group Holdings (STBX) plans to raise $23 million at a $203 million market cap. The company is building a fintech ecosystem targeting micro, small, and medium enterprises in...read more

US IPO Weekly Recap: IPO market’s quiet August continues with a few small deals

GCT

Three small issuers began trading in another quiet week for the IPO market, though just two met our tracking criteria. In the pipeline, two IPOs submitted initial filings. The most notable news from the pipeline, AIG carve-out Corebridge Financial (CRBG) disclosed 1H22 financials this past Tuesday ahead of an estimated $3 billion IPO which could launch as early...read more

Taiwanese carbon fiber parts maker J-Star Holding ups share offering by 40% ahead of $21 million US IPO

YMAT

J-Star Holding, a Taiwan-based maker of carbon fiber parts for bicycles, rackets, and other goods, raised the proposed deal size for its upcoming IPO on Friday. The Taichung, Taiwan-based company now plans to raise $21 million by offering 5.3 million shares at $4. The company had previously filed to offer 3.8 million shares at the same price. At the revised share count, J-Star...read more

Over 60% of the year’s sizable IPOs now trade above issue

TPG

There have been few major IPOs so far in 2022, but now the year’s group of large issuers is performing stronger than the broader IPO market. Stymied by market volatility and poor returns, most large IPO candidates have put their offering plans on hold, resulting in just 14 IPOs raising $50 million or more year-to-date. Now, performance among these issuers is on the upswing....read more