YIBO News

Seven IPOs priced this past week, led by three that raised $100+ million. After upwardly revising the terms earlier in the week, CG Oncology (CGON) further upsized the offering and priced above the range to raise $380 million at a $1.3 billion market cap. Its sole clinical asset is initially in development for a subclass of bladder cancer and is currently in an...read more

Planet Image International, a Chinese toner cartridge manufacturer, raised $5 million by offering 1.3 million shares at $4, the low end of the range of $4 to $5. The IPO float is just 2.3% of basic shares outstanding. Planet Image develops and manufactures toner cartridges that are compatible with a range of commonly available models of laser printers from different manufacturers,...read more

Planet Image International, a Chinese toner cartridge manufacturer, lowered the number of shares it plans to offer in its upcoming US IPO. The Xinyu, China-based company now plans to raise $6 million by offering 1.3 million shares at a price range of $4 to $5. The company had previously filed to offer 4 million shares at the same price range. At the midpoint, Planet Image...read more

Planet Image International, a Chinese toner cartridge manufacturer, announced terms for its upcoming IPO on Tuesday. The Xinyu, China-based company plans to raise $18 million by offering 4 million shares at a price range of $4 to $5. At the midpoint of the proposed range, Planet Image International would command a market value of $255 million.  The company originally filed...read more