OG News

Eight IPOs and four SPACs went public this past week. One IPO postponed, UK-based biotech Gyroscope Therapeutics (VISN), citing market conditions. Filing activity maintained a comfortable pace/remained moderate, with seven IPOs and 10 SPACs submitting initial filings. The week’s best performer, Sacramento bank Five Star Bancorp (FSBC)...read more

Onion Global, a Chinese e-commerce platform using influencers to sell lifestyle brands in Asia, raised $68 million by offering 9.3 million ADSs at $7.25, the low end of the range of $7.25 to $9.25. The company offered 3.2 million fewer ADSs than anticipated. Onion Global states that it is a next-generation lifestyle brand platform that incubates, markets, and distributes "3F...read more

Updated Monday, 5/3. 10 IPOs are expected to raise a total of $1.4 billion in the first week of May. The lineup is led by Jessica Alba’s highly-anticipated lifestyle brand, The Honest Company (HNST). The largest deal of the week, non-toxic lifestyle brand The Honest Company (HNST) plans to raise $400 million at a $1.6...read more

Onion Global, which operates a cross-border e-commerce platform for lifestyle brands in China, announced terms for its IPO on Wednesday. The Guangzhou, China-based company plans to raise $103 million by offering 12.5 million ADSs at a price range of $7.25 to $9.25. At the midpoint of the proposed range, Onion Global would command a fully diluted market value of $854 million. ...read more