Renaissance Capital logo

AGII News

Chinese workspace provider AgiiPlus cuts deal size by 53%, changes lead bank ahead of $11 million US IPO

AGII

AgiiPlus, a Chinese workspace provider, lowered the proposed deal size for its upcoming IPO on Friday. In its latest filing, the company also replaced sole bookrunner Tiger Brokers with EF Hutton, and disclosed financials for the six months ended June 30, 2023. The Shanghai, China-based company now plans to raise $11 million by offering 2 million shares at a price range of $5.00 to...read more

SeatGeek becomes the latest company to target an IPO after a terminated SPAC merger

LGV

Last week, ticket marketplace SeatGeek announced that it had filed confidentially for an IPO, becoming the latest company to revamp its path to public markets following a terminated SPAC merger. In October 2021, SeatGeek announced its plan to go public through a merger with RedBall Acquisition, a SPAC formed by RedBird Capital. The deal implied a $1.35 billion...read more

Chinese workspace provider AgiiPlus revises terms ahead of $24 million US IPO

AGII

AgiiPlus, a Chinese workspace provider, revised the terms for its upcoming IPO on Wednesday. The Shanghai, China-based company now plans to raise $24 million by offering 4.5 million shares at a price range of $4.50 to $6.00. At the midpoint, it would command a market value of $239 million. The company originally set IPO terms in November 2022, planning to raise $39 million at...read more

Chinese workspace provider AgiiPlus sets terms for $39 million US IPO

AGII

AgiiPlus, a Chinese workspace provider, announced terms for its IPO on Monday. The Shanghai, China-based company plans to raise $39 million by offering 8.7 million shares at a price range of $4 to $5. At the midpoint of the proposed range, AgiiPlus would command a market value of $406 million. AgiiPlus has established a network of workspaces in China and Singapore. Through its PRC...read more