Yuanbao Inc. (Ticker: YB US) is a China-based, Cayman Islands incorporated holding company operating as a technology-driven online insurance distributor in China, specializing in personal life and accident & health insurance. Yuanbao plans to list its American Depositary Shares (ADS) on NASDAQ with trading expected to begin on April 30, 2025. The company is offering 2.0 million ADSs, each representing six Class A ordinary shares, priced between $13.00 and $15.00 per ADS. This offering aims to raise up to $30.0 million USD. According to reports, this IPO targets a valuation of up to $676.3 million USD. Some existing shareholders have reportedly shown interest in buying up to $17 million worth of the offered ADSs, and Qiming Venture Partners has agreed to purchase $1 million worth in a concurrent private placement. Goldman Sachs (Asia), Citigroup, and CICC are the lead managers for the offering.

OMS Energy Technologies, Inc. (Ticker: OMSE US), a Cayman Islands-incorporated company with headquarters in Singapore, is a growth-oriented manufacturer of surface wellhead systems (SWS) and oil country tubular goods (OCTG) for the oil and gas industry. The company plans to list on NASDAQ on April 29, 2025. OMS Energy Technologies is offering 5.6 million ordinary shares at a price range of $8.00-$10.00, aiming to raise $50.0 million. The company serves onshore and offshore exploration and production activities, primarily in the Asia Pacific and MENA regions. Roth Capital Partners is the manager for the offering.

Breton Technology Co., Ltd. (Ticker: 1333 HK) is a China-based provider focused on designing, developing, and commercializing battery-electric engineering machinery, including wide-body dump trucks and loaders with autonomous capabilities. Breton plans to list its H-shares on the Hong Kong Stock Exchange (HKEX) Main Board, with trading expected from May 7, 2025. The company is offering shares at a fixed price of HKD 18.00 each, aiming to raise approximately $30.16 million USD (around HKD 235 million). Breton reported significant growth in shipments but has incurred net losses during its track record period, attributed by the company to R&D investments, pricing strategies, and other costs. The company holds notable market shares in China's new energy wide-body dump truck and loader segments. China International Capital Corporation and CMB International are the joint sponsors for the offering.

Aspen Insurance Holdings Ltd. (Ticker: AHL US) is a Bermuda-domiciled company specializing in specialty property and casualty insurance and reinsurance, offering complex, bespoke solutions with a focus on underwriting excellence. Aspen Insurance Holdings plans to list on the NYSE on May 8, 2025. Selling shareholders are planning to offer 11.0 million shares at a price range of $29.00 to $31.00, potentially raising $330.0 million (USD) if priced at the mid-point. According to the filing, Aspen Insurance Holdings Ltd. will not receive any proceeds from the IPO, as only existing shareholders are selling shares. The company has an estimated market capitalization of $2755.2 million (USD). Aspen was acquired by Apollo Global Management in February 2019; prior to the acquisition, its shares traded on the NYSE.

Auntea Jenny (Shanghai) Industrial Co., Ltd. (Ticker: 2589 HK) is a China-based company specializing in the manufacturing and distribution of non-alcoholic beverages, including grain tea, milk tea, and freshly squeezed fruit tea, alongside offering catering services. Auntea Jenny plans to list on the Hong Kong Stock Exchange (HKEX), with trading expected to commence on May 8, 2025. The company is offering 2.41 million common shares, priced in the range of HKD 95.57 to HKD 113.12 per share. This IPO aims to raise approximately HKD 272.8 million (equivalent to about $32.4 million USD). Based on the offering information, the company has a reported market capitalization of approximately $1.41 billion USD. The offering consists entirely of primary shares, indicating proceeds will go to the company. CLSA Ltd, CMBC Securities Co Ltd, and China Merchants Securities (HK) Co Ltd are among the managers handling the offering.

American Integrity Insurance Group, Inc. (Ticker: AII US) is a company headquartered in Florida, focusing on providing personal residential property insurance primarily for homeowners and condominium owners in Florida, with recent expansion into Georgia and South Carolina. American Integrity Insurance Group plans to list on the NYSE on May 8, 2025. The IPO consists of 6.875 million shares offered at a price range of $15.00 to $17.00, aiming to raise approximately $110.0 million (USD) if priced at the midpoint. Of these shares, 6.25 million are offered by the company and 625,000 by selling stockholders. Reportedly, the company will receive proceeds from the shares it sells, while selling stockholders will receive proceeds from their portion. American Integrity Insurance Group would have an estimated market capitalization of $313.31 million at launch. Founded in 2006, the company states it is the seventh largest writer of residential property insurance in Florida.

Hainan Drinda New Energy Technology Co., Ltd. (Ticker: 2865 HK), also known as Drinda, is a China-based specialized manufacturer of high-efficiency photovoltaic (PV) cells, focusing on N-type TOPCon technology. Drinda, already listed on the Shenzhen Stock Exchange (002865 CH), is pursuing a secondary H-share listing on the Hong Kong Stock Exchange (HKEX), expected to commence trading on May 8, 2025. The company is offering 63.43 million primary shares priced between HKD 20.40 and HKD 28.60 each. This offering aims to raise approximately HKD 1.81 billion (around $200 million USD). Drinda ranked first globally among specialized manufacturers for N-type TOPCon cell shipments in 2024. BOCI Asia, CCB International Capital, and CLSA are among the managers for the offering.

DN Solutions (Ticker: 298440 KS), formerly Doosan Machine Tools, is a South Korean company specializing in industrial machine tools, serving diverse sectors including automotive, aerospace, medical, and IT. DN Solutions plans to list on the KOSPI exchange on May 16, 2025. The company intends to offer 17.5 million shares with an indicative price range of KRW 65,000 to KRW 89,700 per share. This offering aims to raise between KRW 1.14 trillion and KRW 1.57 trillion (approximately $801 million to $1.1 billion). According to reports, this could be South Korea's largest IPO since January 2022.

Lotte Global Logistics (Ticker: 040830 KS) is a South Korean company specializing in logistics services, including smart logistics, last-mile delivery, and global freight forwarding solutions. Lotte Global Logistics plans to list on the KOSPI exchange on May 21, 2025. The company plans to offer 14,944,322 shares, priced between KRW 11,500 and KRW 13,500 per share. This offering aims to raise between KRW 171.9 billion and KRW 201.7 billion (approximately $117 million to $138 million). According to sources, Lotte Global Logistics intends to use the proceeds from the IPO for expansion efforts. The offering comprises a 50% new share issuance and a 50% sale of existing shares. Formerly known as Hyundai Logistics, the company is part of the Lotte Corp conglomerate.

d'Alba Global (Ticker: 483650 KS) is a South Korean luxury vegan skincare (K-beauty) company known for its products featuring white truffle, including its popular d'Alba mist serum. d'Alba Global plans to list on the KOSPI exchange on May 22, 2025. The company intends to offer 654,000 shares priced between KRW 54,500 and KRW 66,300 per share. This offering aims to raise between KRW 35.6 billion and KRW 43.4 billion (approximately $25 million to $30.5 million), potentially valuing the company at up to KRW 800.2 billion (approx. $563 million). According to company statements, proceeds combined with existing capital will reportedly fund potential M&A activities in industries relevant to its core target demographic of women in their 30s and 40s.