YYGH News

Six IPOs debuted this past week, four of which were included on our stats, and two IPOs submitted initial filings. Enterprise data management and security platform Rubrik (RBRK) priced its upsized IPO above the range to raise $752 million at a $6.6 billion market cap. Its Rubrik Security Cloud platform delivers a cloud native SaaS platform that detects, analyzes,...read more

YY Group Holding, which provides smart cleaning services and a labor marketplace in Singapore and Malaysia, raised $4.5 million by offering 1.1 million shares at $4.00, the low end of the range of $4.00 to $5.00. Through its subsidiaries, YY Group provides enterprise manpower outsourcing and smart cleaning services in Singapore and Malaysia. In 2019, the company digitalized...read more

Since the start of the year, new US IPO filing activity has slowly picked up, boosted heavily by small Asian issuers. Small companies have dominated US IPO activity in the past two years. Nearly three-quarters of new filings in 2023 have been for offerings of $50 million or less, and the majority of these small filers are based in Asia. ...read more

YY Group Holding, which provides smart cleaning services and a labor marketplace in Singapore and Malaysia, filed on Monday with the SEC to raise up to $7 million in an initial public offering. The Singapore-based company plans to raise $7 million by offering 1.5 million shares at a price range of $4 to $5. At the midpoint of the proposed range, YY Group Holding would command a...read more