MTRS News

Three small listings are currently scheduled for the week ahead, although other issuers may join the calendar throughout the week. Japanese property reseller Metros Development (MTRS) plans to raise $6 million at a $364 million market cap. The company identifies and purchases what it believes to be underdeveloped land and buildings, and resells them to developers...read more

The February lull is in full swing, with four very small holdovers currently scheduled for the week ahead. Chinese touchscreen maker Wetouch Technology (WETH) plans to raise $18 million at a $76 million market cap. The company develops, manufacturers, sells, and services medium to large sized projected capacitive touchscreens. Its touchscreens are used in a...read more

Five small listings are currently scheduled for the week ahead, although other issuers may join the calendar throughout the week. Maritime tour operator Amphitrite Digital (AMDI) plans to raise $7 million at a $61 million market cap. The company provides in-destination tours, activities, and attractions in the continental US and US Virgin Islands, with an owned...read more

Metros Development, which purchases and resells underdeveloped properties in Japan, lowered the proposed deal size for its upcoming IPO on Tuesday. The Tokyo, Japan-based company now plans to raise $9 million by offering 1 million shares at a price range of $8 to $9. The company had previously filed to offer 1.9 million shares at the same range. At the midpoint, Metros Development...read more