TRSG News

Five IPOs raised $858 million this past week, led by fast-growing digital coupon platform Ibotta (IBTA) and utility infrastructure services carve-out Centuri Holdings (CTRI). Both deals managed to price above the midpoint and notch double-digit returns, even as the broader IPO Index plunged 6.9% this week, alongside a 5.5% drop in the Nasdaq....read more

Tungray Technologies, which provides customized industrial manufacturing services in Singapore and China, raised $5 million by offering 1.25 million shares at $4, the low end of the range of $4 to $6. Tungray Technologies is an engineer-to-order company that provides customized industrial manufacturing solutions to original equipment manufacturers (OEMs). The company mainly...read more

Tungray Technologies, which provides customized industrial manufacturing services in Singapore and China, lowered the proposed deal size for its upcoming IPO on Friday. The Singapore-based company now plans to raise $6 million by offering 1.3 million shares at a price range of $4 to $6. The company had previously filed to offer 2.5 million shares at the same range. At the midpoint,...read more

Tungray Technologies, which provides customized industrial manufacturing services in Singapore and China, filed on Friday with the SEC to raise up to $13 million in an initial public offering. The Singapore-based company plans to raise $13 million by offering 2.5 million shares at a price range of $4 to $6. At the midpoint of the proposed range, Tungray Technologies would command...read more