AZI News

Autozi Internet Technology, which sells parallel import cars and auto parts in China, revised the terms for its upcoming IPO on Thursday. The Beijing, China-based company now plans to raise $6 million by offering 1.3 million shares at a price range of $4 to $5. At the midpoint, it would command a market value of $467 million. The IPO float is now just 1.2% of basic shares...read more

Autozi Internet Technology, which sells parallel import cars and auto parts in China, announced terms for its IPO on Monday. The Beijing, China-based company plans to raise $23 million by offering 2.5 million shares at a price range of $8 to $10. At the midpoint of the proposed range, Autozi Internet Technology would command a market value of $484 million. The IPO float is just...read more

There was one pricing this past week, although it did not meet the criteria for our IPO stats. Two small IPOs and two SPACs submitted initial filings. While not included in our stats, Hong Kong-based wealth manager Prestige Wealth (PWM) raised $5 million at a $45 million market cap. The company provides wealth management and asset management services primarily to...read more

Autozi Internet Technology, which sells parallel import cars and auto parts in China, filed on Friday with the SEC to raise up to $29 million in an initial public offering. Autozi provides automotive products and services through online and offline channels in China. The company's business segments include new car sales, primarily parallel import cars; auto parts and auto...read more