NCPL News

Three Chinese issuers and a nano-cap began trading this past week. Fintech spin-off AMTD Digital (HKD) led the group with its $125 million deal, a rare feat in a year that has only produced a dozen $100+ million IPOs. In the pipeline, four small IPOs and one SPAC submitted initial filings. The most notable news came from thrift store chain ...read more

Netcapital, an online platform for private companies to raise capital from retail investors, raised $5 million by offering 1.2 million units at $4.15, below the last close of its shares on the OTC ($8.25). The company offered 0.4 million more units than anticipated. Each unit consists of one share of common stock and one warrant, exercisable at $5.19. ...read more

Following a quiet holiday week for the IPO market, five small deals may begin trading in the week ahead, though only three meet our coverage criteria. Cutting its deal size by 45% on Tuesday, Chinese chip designer Nano Labs (NA) now plans to raise $20 million at a $613 million market cap. Fast growing and highly unprofitable, Nano Labs designs fabless computing...read more