USGO News

Six small deals began trading this past week, five of which met the criteria for our IPO stats. They were joined by one blank check IPO. U Power (UCAR) downsized and priced at the low end to raise $15 million at a $315 million market cap. U Power started as a vehicle sourcing service provider in China, and in 2020, it also began developing automated...read more

U.S. GoldMining, an early-stage gold-copper mining company in Alaska spun out of GoldMining, raised $20 million by offering 2 million units at $10, as expected. Each unit consists of one share of common stock and one warrant, exercisable at $13. ...read more

Four small deals are currently scheduled to price in the week ahead, three of which are eligible for inclusion in our stats, though other issuers may join the IPO calendar late. Holdover U Power (UCAR) plans to raise $18 million at a $368 million market cap. U Power started as a vehicle sourcing service provider in China, and in 2020, it also began developing...read more

Three small issuers began trading this past week, two of which are eligible for inclusion in our IPO stats, while two delayed to the week ahead (UCAR and USGO). Four IPOs submitted initial filings, led by one biotech and one reinsurer both planning to raise $100 million. Chinese amusement and water park operator Golden Heaven Group (GDHG) downsized and priced...read more