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US IPO Weekly Recap: Foreign issuers and a direct listing cap off 2022 IPO filings

COYA

Coya Therapeutics (COYA) was the only company to complete an IPO in the last week of 2022. China-based ASIC chip designer Intchains (ICG) and Hong Kong-based wealth and asset manager Prestige Wealth (PWM) delayed their $29 million and $15 million offerings, respectively. In the pipeline, five companies submitted initial...read more

Chinese education software provider Ruanyun Edai Technology files and sets terms for a $28 million US IPO

RYET

Ruanyun Edai Technology, a provider of learning software utilizing artificial intelligence in China, filed on Thursday with the SEC to raise up to $28 million in an initial public offering. The company plans to raise $28 million by offering 5 million shares at a price range of $5 to $6. At the midpoint of the proposed range, Ruanyun Edai Technology would command a market value...read more

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