BANL News

Four small issuers began trading this past week, three of which are eligible for inclusion in our IPO stats, joined by one SPAC. In the pipeline, two small IPOs and one direct listing submitted initial filings. The most notable activity came from car sharing platform Turo (TURO), which disclosed updated financials ahead of its estimated $300 million IPO. ...read more

CBL International, which provides fueling logistic services to container ships in the Asia Pacific region, raised $13 million by offering 3.3 million shares at $4.00, the low end of the range of $4.00 to $4.80. The company offered 0.4 million fewer shares than anticipated. CBL International is a marine fuel logistics company providing solutions for vessel refueling, which is...read more

Six small deals priced this past week, though only three met the criteria for our 2022 IPO stats. Pipeline activity picked up with three new IPO filings, including a biotech that plans to raise $150 million, as well as amendments from some notable issuers on file. Beijing-based ...read more

CBL International, which provides fueling logistic services to container ships in the Asia Pacific region, filed on Friday with the SEC to raise up to $17 million in an initial public offering. The Kuala Lumpur, Malaysia-based company plans to raise $17 million by offering 3.8 million shares at a price range of $4 to $4.80. At the midpoint of the proposed range, CBL International...read more