Renaissance Capital logo

SDH News

US IPO Weekly Recap: IPO frenzy brings the year’s largest deal and biggest pop in a 17 IPO week

BMBL

The IPO frenzy continued this past week as 17 IPOs and 26 SPACs entered the public market. Headlining the week were dating app Bumble (BMBL), which completed the year's largest deal so far, and Chinese cloud services provider Cloopen Group (RAAS), which bagged the biggest pop of 2021 to date. Bumble (BMBL) priced further...read more

Chinese micro-cap Global Internet of People prices US IPO at $4 low end

SDH

Global Internet of People, an online peer-to-peer knowledge sharing and enterprise service platform in China, raised $27 million by offering 6.7 million shares at $4, the low end of the range of $4 to $5. The company offered 1.1 million more shares than anticipated. At pricing, the company commands a market value of $94 million. Global Internet of People plans to list on the...read more

Chinese peer-to-peer platform Global Internet of People widens range to $4 to $5 ahead of $25 million US IPO

SDH

Global Internet of People, an online peer-to-peer knowledge sharing and enterprise service platform in China, widened the range for its upcoming IPO on Friday. The Beijing, China-based company now plans to raise $25 million by offering 5.6 million shares at a price range of $4 to $5. The company had most recently filed to offer the same number of shares at $5. At the...read more

Chinese peer-to-peer platform Global Internet of People ups share offering ahead of $28 million US IPO

SDH

Global Internet of People, an online peer-to-peer knowledge sharing and enterprise service platform in China, raised the proposed deal size for its upcoming IPO on Thursday. The Beijing, China-based company now plans to raise $28 million by offering 5.6 million shares at $5. The company had previously filed to offer 4.2 million shares at the same price. At $5, Global Internet...read more