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SMXT News

US IPO Weekly Recap: Microcap makes volatile debut to close out February

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Only one small IPO debuted this past week. Solar energy company SolarMax Technology (SMXT) raised $18 million at a $178 million market cap. It primarily sells and installs LED lighting and retrofitting services, as well as integrated...read more

Solar systems provider SolarMax Technology prices $18 million IPO at $4 per share; pops 100% on first day

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SolarMax Technology, which sells solar energy equipment and LED light systems, raised $18 million by offering 4.5 million shares at $4.00. The company announced its pricing and began trading on Tuesday, opening below issue at $3.50 but finishing at $8.00, for a...read more

Solar energy company SolarMax Technology cuts share offering by 40% ahead of $18 million IPO

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SolarMax Technology, which sells solar energy systems in the US and works on solar farm projects in China, lowered the proposed deal size for its upcoming IPO on Friday. In its latest filing, the company also disclosed financials for the three months ended March...read more

SeatGeek becomes the latest company to target an IPO after a terminated SPAC merger

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Last week, ticket marketplace SeatGeek announced that it had filed confidentially for an IPO, becoming the latest company to revamp its path to public markets following a terminated SPAC merger. In October 2021, SeatGeek announced its plan...read more