initial public offerings (IPOs) trading on American exchanges

Monday, August 19, 2024

IPOs this week : Aug 19 - 23, 24 (wk 34)

 
WeRide – Guangzhou, China, 6.5 million shares, priced at $15.50-$18.50, managed by Morgan Stanley JP Morgan. Proposed Nasdaq symbol WRD. Business: Chinese developer of autonomous vehicle systems and software.

YHN Acquisition I – Hong Kong, 6 million shares, priced at $10, managed by Lucid Capital Markets. Proposed Nasdaq symbol YHNAU. Business: Blank check company led by executives from boutique SPAC firm Norwich Capital.

XCharge – Beijing, 3.3 million shares, priced at $6-$8, managed by Tiger Brokers Huatai. Proposed Nasdaq symbol XCH. Business: Provides DC fast chargers and related EV technology out of China and Europe.

Cuprina Holdings – Singapore, 3.8 million shares, priced at $4, managed by Network 1. Proposed Nasdaq symbol CUPR. Business: Singapore-based provider of skincare and chronic wound care products.

Trident Digital Tech – Singapore, 1.8 million shares, priced at $5-$7, managed by WallachBeth Revere Sec.. Proposed Nasdaq symbol TDTH. Business: Provides business consulting, marketing, and IT services to SMEs in Singapore.

Reitar Logtech – Hong Kong, 2.1 million shares, priced at $4-$5, managed by Cathay Securities. Proposed Nasdaq symbol RITR. Business: Provides design and other services to the logistics industry in Hong Kong.

Powell Max – Hong Kong, 1.7 million shares, priced at $4-$6, managed by WallachBeth Revere Sec.. Proposed Nasdaq symbol PMAX. Business: Provides financial communication services in Hong Kong.

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