SMST News

There are currently no IPOs scheduled for the first week of January, though we could see some notable launches as we enter the new year. Several large issuers in the pipeline have kept their prospectuses fresh over the past year. Leading the lineup is Vietnamese EV spin-off VinFast Auto (VFS), which is anticipated to list in the coming weeks in a deal that could...read more

There’s currently one SPAC on the calendar that is expected to price in the week ahead, along with a holdover that is not large enough to be included in our IPO stats. Although the IPO market is expected to remain quiet in the week ahead, recent updates from large issuers such as Clarios International (BTRY), Turo (TURO), and...read more

It was a relatively slow week, with just one nano-cap IPO, China's Erayak Power. California-based electric motorcycle developer SONDORS (SODR) again didn't manage to price its $23 million Nasdaq IPO, making a 2022 listing increasingly unlikely. No new IPOs joined the pipeline, though three large names on file provided updated...read more

Over the last decade, a rising number of companies have come to the IPO market with heavy losses. But for many issuers looking to go public in 2022, profitability will be a prerequisite. There are several factors behind the decade-long increase in unprofitable IPOs. IPO investors at the beginning of last decade were more cautious as markets recovered from the Great Recession. More...read more