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.