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
Seven IPOs and one SPAC debuted this week. One IPO and three SPACs submitted initial filings. Chinese education software provider Ruanyun Edai Technology (RYET) priced its US IPO at the low end to raise $15 million at a $135 million market cap. Focusing on K-...read more
Ruanyun Edai Technology, a Chinese provider of AI-driven learning and testing solutions for K-12 education, raised $15 million by offering 3.8 million shares at $4, the low end of the range of $4 to $5. Focusing on K-12 education in China, Ruanyun Edai...read more
Two small IPOs are tentatively scheduled to list in the week ahead, although some small deals may move around the calendar at the last minute. Chinese education software provider Ruanyun Edai Technology (RYET) is tentatively set to raise $17 million at a...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
US IPO Weekly Recap: Flurry of small issuers list, despite heightened market volatility
Seven IPOs and one SPAC debuted this week. One IPO and three SPACs submitted initial filings. Chinese education software provider Ruanyun Edai Technology (RYET) priced its US IPO at the low end to raise $15 million at a $135 million market cap. Focusing on K-...read more
Chinese education software provider Ruanyun Edai Technology prices US IPO at the $4 low end
Ruanyun Edai Technology, a Chinese provider of AI-driven learning and testing solutions for K-12 education, raised $15 million by offering 3.8 million shares at $4, the low end of the range of $4 to $5. Focusing on K-12 education in China, Ruanyun Edai...read more
US IPO Week Ahead: IPO market set for quiet week amid market turmoil
Two small IPOs are tentatively scheduled to list in the week ahead, although some small deals may move around the calendar at the last minute. Chinese education software provider Ruanyun Edai Technology (RYET) is tentatively set to raise $17 million at a...read more