JYD News

Six small deals began trading this past week, five of which met the criteria for our IPO stats. They were joined by one blank check IPO. U Power (UCAR) downsized and priced at the low end to raise $15 million at a $315 million market cap. U Power started as a vehicle sourcing service provider in China, and in 2020, it also began developing automated...read more

Jayud Global Logistics, a cross-border logistics services provider in China, raised $5 million by offering 1.25 million shares at $4, the low end of the range of $4 to $5. The company offered 0.25 million fewer shares than anticipated. Operating through various subsidiaries in mainland China and Hong Kong, Jayud Global Logistics offers a range of cross-border solution services such...read more

Four small deals are currently scheduled to price in the week ahead, three of which are eligible for inclusion in our stats, though other issuers may join the IPO calendar late. Holdover U Power (UCAR) plans to raise $18 million at a $368 million market cap. U Power started as a vehicle sourcing service provider in China, and in 2020, it also began developing...read more

Jayud Global Logistics, a cross-border logistics services provider in China, announced terms for its IPO on Tuesday. The Shenzhen, China-based company plans to raise $7 million by offering 1.5 million shares at a price range of $4 to $5. At the midpoint of the proposed range, Jayud Global Logistics would command a market value of $97 million. Operating through various subsidiaries...read more