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Commentary & News

US IPO Week Ahead: More small issuers set to list in quiet week

MTRS

Three small listings are currently scheduled for the week ahead, although other issuers may join the calendar throughout the week. Japanese property reseller Metros Development (MTRS) plans to raise $6 million at a $364 million market cap. The company identifies and purchases what it believes to be underdeveloped land and buildings, and resells them to developers...read more

US IPO Weekly Recap: Reddit and Astera Labs join the IPO pipeline in short week

RDDT

One small issuer listed in the short Presidents’ Day week, along with one SPAC, while a couple deals didn’t get done (NYX and AMDI). The big news came from the pipeline, which saw its first large additions in over a month. Social media platform Reddit (RDDT) filed for its highly-anticipated IPO this past week, planning to raise an estimated $750...read more

Cleaning products maker CleanCore Solutions lowers share offering by 33% ahead of $5 million IPO

ZONE

CleanCore Solutions, which makes aqueous ozone cleaning products, lowered the proposed deal size for its upcoming IPO on Friday. The Omaha, NE-based company now plans to raise $5 million by offering 1 million shares at a price range of $4 to $6. The company had previously filed to offer 1.5 million shares at the same range. At the midpoint, CleanCore Solutions will raise 33% less...read more

Auto rubber products supplier Rubber Leaf files for a $12 million Nasdaq uplisting

RLEA

Rubber Leaf, a Chinese supplier of automotive rubber and plastic sealing strips, filed on Friday with the SEC to raise up to $12 million in an initial public offering. The company is currently listed on the OTC under the symbol "RLEA." Operating primarily through its subsidiary Rubber Leaf Sealing Products, the company specializes in the production and sale of automotive rubber and...read more