HUDI News

After a busy start to 2021, the IPO market quiets down with only one IPO scheduled for the short holiday week. With a massive backlog of blank check companies on file, it’s safe to say that a number of SPACs will also launch and price. Cannabis finance REIT AFC Gamma (AFCG) plans to raise $119 million at a $240 million market cap. This newly-formed...read more

Huadi International Group, which manufactures steel pipe and tube products in China, raised $25 million by offering 3.1 million shares at $8, the high end of the range of $7 to $8. At pricing, the company commands a market value of $106 million. Huadi is a manufacturer of industrial stainless steel seamless pipes and tube products with extensive distribution facilities spread...read more

Huadi International Group, which manufactures steel pipe and tube products in China, widened the proposed range for its upcoming IPO on Wednesday. The Wenzhou, China-based company now plans to raise $23 million by offering 3.1 million shares at a price range of $7 to $8. The company had previously filed to offer the same number of shares at $8. At the midpoint of the revised...read more

Huadi International Group, which manufactures steel pipe and tube products in China, announced terms for its US IPO on Wednesday. The Wenzhou, China-based company plans to raise $25 million by offering 3.1 million shares at a price of $8. At the proposed deal size, Huadi International Group would command a market value of $106 million. Huadi is a manufacturer of...read more