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RYET News

Renaissance Capital's April IPO Market Update

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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

RYET

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

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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

RYET

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