The IPOX® Update 2/6/24
Lulu Hypermarket, Reddit, Galderma, OQ SAOC, Renk, Metagenomi Technologies, Hyundai Motor, Applied Nutrition, Korean companies, and OceanaGold Philippines are planning IPOs, aiming to raise significant funds and expand their market presence. Novartis is nearing a deal to acquire IPOX® holding MorphoSys for $1.7 billion, enhancing its oncology portfolio.
The IPOX® Update 2/2/24
Various companies globally are pursuing IPOs, reflecting diverse industry confidence despite market uncertainties. Douglas aims for a €1 billion IPO, Public Property Invest explores an Oslo listing, Athens International Airport's IPO draws high demand, DEAG delays its Re-IPO, Aadhar Housing Finance plans a $600 million Mumbai IPO, Raspberry Pi targets a London IPO, MAC plans a $198 million IPO for the CSA copper mine, and Thai Credit Bank's IPO raises $282 million, showcasing vibrant capital market activities across sectors.
The IPOX® Update 1/29/24
In 2024, major IPOs are announced: Fortegra Group offers 18 million shares, Reddit eyes a $5 billion valuation, and NYSE President is optimistic about the IPO landscape. Holcim plans to list its North American business, Tokyo Metro prepares for a public listing, Cerebras Systems considers a 2024 IPO, Zelis weighs sale or IPO over $15 billion, and Renault cancels Ampere's IPO due to market conditions.
The IPOX® Update 1/24/24
Anta Sports is investing heavily in Amer Sports' IPO, while Hedgeye is skeptical of Amer's valuation, Klarna Bank AB plans a U.S. IPO, Kallyope Inc. targets an IPO for obesity drugs, GTMS eyes a Hong Kong IPO, Swiggy prepares for a $1 billion IPO, CG Oncology and ArriVent BioPharma increase their IPO share offerings.
The IPOX® Update 1/19/24
Air Astana plans a London IPO in February, aiming to raise $120 million. South Korea's Kbank resumes IPO plans, expecting a valuation around $3.73 billion. Mexican grocery chain BBB Foods files for a U.S. IPO. CG Oncology increases its IPO size to $201 million for Nasdaq listing.
VettaFi highlights FPX ETF for investors seeking exposure in IPOs
VettaFi highlights the IPOX®-based First Trust US Equity Opportunities ETF (FPX) as a way for investors to gain access to the latest newly listed companies.
The IPOX® Update 1/18/24
Reddit, Shein, Deutsche Entertainment AG, Pertamina International Shipping, Kyverna Therapeutics, Alto Neuroscience, NeOnc Technologies, Kaspi.kz, and Xiaocaiyuan International Holding are all planning IPOs in 2024. Reddit aims for a March IPO, while Shein's US IPO faces a cybersecurity probe in China. Deutsche Entertainment AG seeks a Frankfurt relisting, Pertamina aims for fleet expansion, Kyverna focuses on biotech, Alto targets CNS disorder treatments, NeOnc upsizes its IPO for brain cancer therapies, Kaspi.kz shareholders plan a US IPO, and Xiaocaiyuan files for a Hong Kong IPO.
The IPOX® Update 1/16/24
In 2024, global IPO activity is expected to surge, with Nasdaq and London markets showing signs of revival, while Saudi Arabia, the Asia Pacific region, and Greece announce significant IPOs. Tech and startup sectors are particularly buoyant, with notable listings in the Middle East, India leading Asia's IPO charge, and Greece planning a major airport IPO.
The IPOX® Update 1/12/24
Several companies across various sectors are making strategic moves towards Initial Public Offerings (IPOs) globally. Shein faces U.S. IPO delays due to Chinese regulations, while Air Astana targets an IPO for expansion. LianLian DigiTech re-applies for a Hong Kong IPO, Airwallex prepares for an IPO within two years, Lion Air considers a Jakarta IPO to raise funds, and Hellman & Friedman explores selling or listing Enverus.
The IPOX® Update 1/8/24
In 2024, the IPO market is showing signs of recovery, with German retailer Douglas planning a Frankfurt listing valued at €7 billion, and Australia expecting a market rebound. The biotech sector is optimistic, with Metagenomi and CG Oncology announcing IPOs, signaling renewed investor interest and a potential market rally.