Two IPOs went public in the week of August 29, 2022 led by Addentax Group Corp. (NASDAQ: ATXG), a garments manufacturer and logistic services provider in China, raised $25 million at a $158 million market cap and finished 92% above its IPO price.
Manufacturer of nicotine-free cigarettes made from hemp in United States, Hempacco Co., Inc. (NASDAQ: HPCO), raised $6 million at a $138 million market cap and finished 6% below its IPO price.
Two IPOs went public in the week of August 15, 2022 led by
GigaCloud Technology Inc. (NASDAQ: GCT), a wholesale marketplace operator for
furniture primarily manufacturing in Asia, raised $36 million at a $493 million
market cap and finished 292% above its IPO price.
Manufacturer of graphene products with development,
manufacturing and marketing in China and Hong Kong, Graphex Group Limited
(NASDAQ: GRFX), raised $12 million at a $79 million market cap and finished 0%
above its IPO price.
Three IPOs and four SPAC went public in the week of June 13, 2022 led by Lytus Technologies (NASDAQ: LYT) Indian provider of content streaming and telecasting services, raised $12 million at a $175 million market cap and finished 389% below its IPO price.
The one SPAC went public this past week are:
1. Feutune Light Acquisition (no selected target industry)
Together, all the SPACs raised a total of $85 million.
One IPOs and one SPAC went public in the week of June 6, 2022 led by Phoenix Motor Inc (NASDAQ: PEV), a maker of electric vehicles and drive systems being spun out of SPI Energy, raised $16 million at a $155 million market cap and finished 57% below its IPO price.
The one SPAC went public this past week are:
1. Acri Capital Acquisition (technology-enabled sectors in North America SPAC)
Together, all the SPACs raised a total of $75 million.
