LXEH News

A total of 29 companies entered the public market this past week, the most ever in a single week. The week’s 11 IPOs were joined by 15 SPACs and three direct listings. Notable new IPO filings included TPG-backed antivirus provider McAfee (MCFE), Vista Equity’s IT software provider Datto (MSP), and three mortgage companies. ...read more

Lixiang Education Holding, which provides private primary and secondary education services in China, raised $31 million by offering 3.3 million ADSs at $9.25, within the range of $9 to $11. At pricing, the company raised 8% less in proceeds than anticipated. Lixiang Education Holding plans to list on the Nasdaq under the symbol LXEH. AMTD Global Markets and Loop Capital...read more

Updated Monday, 9/28. 11 IPOs and two direct listings are scheduled to go public in the week ahead. The diverse group includes three foreign tech issuers, two biotechs, two US tech unicorns, a sporting goods retailer, an avocado supplier, a medical device maker, and a foreign education company. More SPACs will likely join the calendar as well. ...read more

Lixiang Education Holding, which provides private primary and secondary education services in China, announced terms for its IPO on Wednesday. The Zhejiang, China-based company plans to raise $33 million by offering 3.3 million ADSs at a price range of $9 to $11. At the midpoint of the proposed range, Lixiang Education Holding would command a fully diluted market value of $133...read more