The IPOX® Update 7/17/23
Israeli beauty tech firm Oddity Tech raises its IPO price range, eyeing a $357 million valuation. In Indonesia, PT Nusantara Sejahtera Raya, the largest cinema chain operator, successfully raised $150 million in an IPO, breaking a streak of high-priced Jakarta IPOs. State palm oil planter PalmCo and oil & gas company Pertamina Hulu Energi prepare for their IPOs, bolstering Indonesia's public markets. Meanwhile, inflammation-focused pharma firm MoonLake Immunotherapeutics is exploring a potential sale, causing its shares to surge.
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