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FOIL News

US IPO Weekly Recap: Copper foils producer and metabolic disorders biotech list amid August lull

FOIL

Three IPOs and one SPAC priced this week, while two IPOs and five SPACs submitted filings. China-based Londian Wason New Energy Tech (FOIL) priced its upsized US IPO at the top of the range to raise $94 million at a market cap of $1.7 billion ($3.1 billion...read more

Chinese copper foils producer Londian Wason New Energy Tech prices upsized US IPO at the $22 high end

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Londian Wason New Energy Tech, a China-based producer of copper foils mainly used for lithium-ion batteries, raised $94 million by offering 4.3 million ADSs at $22, the high end of the $20 to $22 range. The company offered about 0.7 million more ADSs than...read more

IPO Winners & Losers: New Stocks Surge, Biotech Booms, and AI Rallies

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Welcome back to Renaissance Capital’s IPO Winners and Losers, the weekly podcast breaking down the biggest stories shaping the IPO market. Click here to get the newsletter in your inbox every week.

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US IPO Week Ahead: Chinese copper foil and last call for the summer IPO market

FOIL

One sizable US IPO is currently scheduled for the week ahead, along with a notable closed-end fund. In a typical year, companies would have just one more week to launch their offerings before the IPO market breaks for the summer. China-based Londian Wason New...read more