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JUNE News

US IPO Weekly Recap: 2 sizable deals price up and trade up, while broader IPO market slides

TRSG

Five IPOs raised $858 million this past week, led by fast-growing digital coupon platform Ibotta (IBTA) and utility infrastructure services carve-out Centuri Holdings (CTRI). Both deals managed to price above the midpoint and notch double-digit returns, even as the broader IPO Index plunged 6.9% this week, alongside a 5.5% drop in the Nasdaq....read more

Junee, a micro-cap Chinese interior design and fit-out firm, prices US IPO at $4 low end

JUNE

Junee, which provides interior design and fit-out services in Hong Kong, raised $8 million in its US IPO by offering 2.0 million shares at $4, the low end of the range of $4 to $6. Junee originally filed for a US IPO in July 2022. The Hong Kong-based company began trading on the Nasdaq on Wednesday, April 17, under the symbol JUNE. Spartan Capital Securities acted as sole...read more

Hong Kong-based Junee slashes share offering by 60%, removes lead bank ahead of $10 million US IPO

JUNE

Junee, which provides interior design and fit-out services in Hong Kong, lowered the proposed share offering for its upcoming IPO on Friday. In its latest filing, the company also removed Univest Securities as a bookrunner. The Hong Kong-based company now plans to raise $10 million by offering 2 million shares (100% primary) at a price range of $4 to $6. The company had previously...read more

Hong Kong interior design services provider Junee sets terms for $25 million US IPO

JUNE

Junee, which provides interior design and fit-out services in Hong Kong, announced terms for its IPO on Thursday. The company also added Pacific Century Securities as an underwriter. The Hong Kong-based company plans to raise $25 million by offering 5 million shares (29% secondary) at a price range of $4 to $6. At the midpoint of the proposed range, Junee would command a market cap...read more