A handful of small issuers listed in the US this past week, joined by four SPACs. Malaysia-based TMD Energy (TMDE) priced at the low end to raise $10 million at a $75 million market cap. TMD provides marine fuel bunkering services, specializing in the supply ...read more
Phoenix Asia Holdings, a substructure contractor in Hong Kong, raised $6 million by offering 1.6 million shares at $4, the low end of the range of $4 to $6. Operating through subsidiary Winfield Engineering, the company mainly engages in substructure ...read more
Three IPOs and three SPACs listed this week. Eight IPOs and one SPAC submitted initial filings. Energy equipment and services provider Flowco Holdings (FLOC) priced above the range to raise $427 million at a $2.1 billion market cap. The company was formed...read more
Phoenix Asia Holdings, a substructure contractor in Hong Kong, filed on Monday with the SEC to raise up to $8 million in an initial public offering. The company plans to raise $8 million by offering 1.6 million shares at a price range of $4 to $6. At the...read more
US IPO Weekly Recap: Small foreign issuers list in the US as notable IPOs continue to delay
A handful of small issuers listed in the US this past week, joined by four SPACs. Malaysia-based TMD Energy (TMDE) priced at the low end to raise $10 million at a $75 million market cap. TMD provides marine fuel bunkering services, specializing in the supply ...read more
Hong Kong substructure contractor Phoenix Asia prices US IPO at $4, the low end of the range
Phoenix Asia Holdings, a substructure contractor in Hong Kong, raised $6 million by offering 1.6 million shares at $4, the low end of the range of $4 to $6. Operating through subsidiary Winfield Engineering, the company mainly engages in substructure ...read more
US IPO Weekly Recap: Oil and gas well equipment provider Flowco debuts, while more sizable deals join the pipeline
Three IPOs and three SPACs listed this week. Eight IPOs and one SPAC submitted initial filings. Energy equipment and services provider Flowco Holdings (FLOC) priced above the range to raise $427 million at a $2.1 billion market cap. The company was formed...read more
Hong Kong substructure contractor Phoenix Asia files and sets terms for an $8 million US IPO
Phoenix Asia Holdings, a substructure contractor in Hong Kong, filed on Monday with the SEC to raise up to $8 million in an initial public offering. The company plans to raise $8 million by offering 1.6 million shares at a price range of $4 to $6. At the...read more