KRKR News

Updated on 5/4/2020  Three IPOs and one SPAC are scheduled for the week ahead. Internet gambling software provider GAN Limited (GAN) plans to raise $48 million at a $224 million fully diluted market cap after ...read more

Eight small companies and four SPACs entered the public market this past week. Continuing a 4Q trend, all eight deals priced below the midpoint; the average IPO priced 11% below the midpoint, traded up 1% on its first day, and finished the...read more

36KR Holdings, an online media publisher focused on New Economy companies in China, raised $20 million by offering 1.4 million ADSs at $14.50, the low end of the range of $14.50 to $17.50, to command a fully diluted market value of $581 million. The company originally planned to offer 3.6 million ADSs at the same range. Insiders indicated on $20 million worth of ADSs in the offering...read more

36KR Holdings, a online media publisher focused on New Economy companies in China, lowered the proposed deal size for its upcoming US IPO on Thursday. The Beijing, China-based company now plans to raise $22 million by offering 1.4 million ADSs at a price range of $14.50 to $17.50 to command a market cap of $641 million. Insiders still intend to purchase $20 million worth of...read more