IE News

While market conditions are still keeping the IPO window mostly closed, the year's large issuers are finding support, especially over the past few months. Excluding high-flying outlier HKD, just 15 IPOs have raised $100 million or more in 2022, and 13 (87%) are trading above issue. The group averages an impressive 29% return from offer, driven by... ...read more

2022 has been the year of small deals, as most large issuers delay their offering plans, but recent filer Sedibelo Resources (SED) could break the latest dry spell of sizable IPOs. Planning to dual list on the NYSE and the Johannesburg Stock Exchange, Sedibelo Resources has a portfolio of platinum group metals (PGM) projects in South Africa. Its core Pilanesberg...read more

There are currently no IPOs scheduled for the short Independence Day week. The calendar may be quiet, but you can still stay on top of the IPO market by reading our updated 2Q 2022 US IPO Market Review, which provides detailed analysis of US IPO activity...read more

After delaying its debut, Ivanhoe Electric (IE) completed the first major US IPO since mid-May in the week’s sole listing. Just one IPO and one SPAC submitted initial filings. Ivanhoe Electric priced at the bottom of the range to raise $169 million at a $1.1 billion market cap, and plans to dual list on the NYSE American and the TSX. Focused on American...read more