Sixteen IPOs raised a combined $1.4 billion in April, slightly above the 10-year historical average by deal count (14 IPOs) but well below by proceeds ($3.4B) as micro-caps dominated activity. Only two US-based companies listed, with the remaining 14 (88%)...read more
Chagee Holdings, which owns and franchises teahouses in China, raised $411 million by offering 14.7 million shares at $28, the high end of the range of $26 to $28. CHAGEE is a leading premium tea drinks brand, serving freshly-made tea, tea lattes, tea frappes...read more
Two sizable deals are set to lead the IPO calendar in the coming week.China-based Chagee Holdings (CHA) plans to raise $396 million at a $5.2 billion market cap. Chagee is a leading premium tea drinks brand, serving freshly-made tea, tea lattes, tea frappes...read more
Chagee Holdings, which owns and franchises teahouses in China and internationally, announced terms for its IPO on Thursday.The Shanghai, China-based company plans to raise $396 million by offering 14.7 million shares at a price range of $26 to $28. Cornerstone...read more
Renaissance Capital's April IPO Market Update
Sixteen IPOs raised a combined $1.4 billion in April, slightly above the 10-year historical average by deal count (14 IPOs) but well below by proceeds ($3.4B) as micro-caps dominated activity. Only two US-based companies listed, with the remaining 14 (88%)...read more
China-based teahouse chain Chagee prices IPO at $28, the high end of the range
Chagee Holdings, which owns and franchises teahouses in China, raised $411 million by offering 14.7 million shares at $28, the high end of the range of $26 to $28. CHAGEE is a leading premium tea drinks brand, serving freshly-made tea, tea lattes, tea frappes...read more
US IPO Week Ahead: IPO market serves up tea and drones after a volatile week
Two sizable deals are set to lead the IPO calendar in the coming week.China-based Chagee Holdings (CHA) plans to raise $396 million at a $5.2 billion market cap. Chagee is a leading premium tea drinks brand, serving freshly-made tea, tea lattes, tea frappes...read more
China-based teahouse chain Chagee Holdings sets terms for a $396 million US IPO
Chagee Holdings, which owns and franchises teahouses in China and internationally, announced terms for its IPO on Thursday.The Shanghai, China-based company plans to raise $396 million by offering 14.7 million shares at a price range of $26 to $28. Cornerstone...read more