BRSH News

Two deals priced this week, but only one met the criteria to be included in our 2022 IPO stats. Four new filings, including two offering units, also trickled into the pipeline.  Hong Kong-based Magic Empire Global (MEGL) completed a US offering at its proposed price of $4 to raise $20 million at an $80 million market cap. Doing business as Giraffe Capital,...read more

Bruush Oral Care, an online retailer of branded electric toothbrushes, raised $16 million by offering 3.7 million units at $4.16, below the range of $5.20 to $7.20. Each unit consists of one share of common stock and one warrant, exercisable at the IPO price. The company offered 1.3 million more units than anticipated (+51%), and the IPO raised about 1% more than expected. ...read more

Despite the summer heat, the US IPO market remains largely frozen with just one small IPO that may price in the week ahead. Other small deals may also join the calendar during the week. OTC-listed Loop Media (LPTV) plans to raise $12 million at a $490 million market cap. The company provides ad-supported TV boxes that stream short videos at retail locations such...read more

Bruush Oral Care, an online retailer of branded electric toothbrushes, announced terms for its IPO on Friday. The Toronto, Canada-based company plans to raise $15 million by offering 2.5 million units at a price range of $5.20 to $7.20. Each unit consists of one share of common stock and one warrant, exercisable at the IPO price. ...read more