LIAI News

Lemeng Holdings, which provides mobile advertising services in China, announced terms for its IPO on Monday. In its latest filing, the company also disclosed financials for the year ended December 31, 2022, and replaced sole bookrunner The Benchmark Company with Prime Number Capital. The Beijing, China-based company plans to raise $20 million by offering 4 million shares at a price...read more

With just two IPOs, it was the slowest October for the IPO market since 2011, though it was also the first month this year to produce only $100+ million IPOs, as small issuers continued to delay amid rising scrutiny. Intel's driver-assistance tech unit Mobileye (MBLY) and preclinical gene editing biotech Prime Medicine (PRME) were the only...read more

Intel’s Mobileye Global (MBLY) was the sole US IPO this past week. Six small IPOs submitted initial filings, including five Chinese companies. Assisted-driving and self-driving car unit Mobileye dominated the week’s headlines, ...read more

Lemeng Holdings, which provides mobile advertising services in China, filed on Tuesday with the SEC to raise up to $18 million in a US initial public offering. Lemeng Interactive provides customer-tailored mobile advertising services based on big data technology and possesses a proprietary DSP programmatic advertising platform to centralize and aggregate advertisement slot...read more