IPO Roundup: Actuate Therapeutics, Autozi Internet, and more

seekingalpha07-09

As we kick off July, the IPO market remains relatively calm, without any major waves of new listings. The recent holiday-shortened week saw no significant activity, and the current calendar is light. ...

Source Link

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap

Leave a comment

{"i18n":{"language":"en_US"},"isChannel":false,"data":{"share":"https://ttm.financial/m/news/2450808839?lang=en_US&edition=fundamental","thumbnail":"https://static.seekingalpha.com/cdn/s3/uploads/getty_images/1448310802/image_1448310802.jpg","is_english":true,"pubTime":"2024-07-09 00:14","share_image_url":"https://static.laohu8.com/5a36db9d73b4222bc376d24ccc48c8a4","id":"2450808839","market":"nz","top_or_hot":-1,"title":"IPO Roundup: Actuate Therapeutics, Autozi Internet, and more","media":"seekingalpha","content":"<div>\n<p>As we kick off July, the IPO market remains relatively calm, without any major waves of new listings. The recent holiday-shortened week saw no significant activity, and the current calendar is light. ...</p>\n\n<a href=\"https://seekingalpha.com/news/4122603-ipo-roundup\">Source Link</a>\n\n</div>\n","source":"seekingalpha","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>IPO Roundup: Actuate Therapeutics, Autozi Internet, and more</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nIPO Roundup: Actuate Therapeutics, Autozi Internet, and more\n</h2>\n\n<h4 class=\"meta\">\n\n\n2024-07-09 00:14 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://seekingalpha.com/news/4122603-ipo-roundup><strong>seekingalpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>As we kick off July, the IPO market remains relatively calm, without any major waves of new listings. The recent holiday-shortened week saw no significant activity, and the current calendar is light. ...</p>\n\n<a href=\"https://seekingalpha.com/news/4122603-ipo-roundup\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"SDHC","symbol_name":"Smith Douglas Homes Corp.","start_time":0,"source_url":"https://seekingalpha.com/news/4122603-ipo-roundup","article_id":"2450808839","we_media_id":null,"thumbnails":["https://static.seekingalpha.com/cdn/s3/uploads/getty_images/1448310802/image_1448310802.jpg"],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2450808839","pubTimestamp":1720455299,"sourceInfo":{"source_id":"seekingalpha","name":"Seeking Alpha"},"weMediaInfo":null,"summary":"As we kick off July, the IPO market remains relatively calm, without any major waves of new listings. The recent holiday-shortened week saw no significant activity, and the current calendar is light. ","collect":0,"end_time":0,"defaultTopTitle":"seekingalpha.com","property":[],"viewcount":null,"language":"en","relate_stocks":{"SDHC":"Smith Douglas Homes Corp.","OSTX":"OS Therapies","ACTU":"Actuate Therapeutics Inc","NIPG":"星竞威武","WOK":"WORK Medical Technology Group, Ltd.","PGHL":"钧御工程","AZI":"中驰车福互联科技(全球)有限公司","MSW":"Ming Shing Group Holdings Limited","MJID":"Majestic Ideal Holdings LTD","SUNH":"旭航集团","ORKT":"OrangeKloud Technology Inc.","QMMM":"QMMM Holdings Limited.","BK4088":"住宅建筑"},"translate_title":"IPO综述：Actuate Therapeutics、Autozi Internet等","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"ACTU":1,"AZI":1,"MJID":1,"MSW":1,"NIPG":1,"ORKT":1,"OSTX":1,"PGHL":1,"QMMM":1,"SDHC":1,"SUNH":1,"WOK":1},"content_text":"As we kick off July, the IPO market remains relatively calm, without any major waves of new listings. The recent holiday-shortened week saw no significant activity, and the current calendar is light. However, a number of major companies are in the pipeline, preparing for their market debuts in the near future. Since the start of the year, the Renaissance IPO ETF (NYSEARCA:IPO) has risen about 8.57%, underperforming the S&P 500 index, which has gained about 16.98% YTD. Upcoming IPOs/SPACs that are expected to be priced this week  Actuate Therapeutics (ACTU) is raising $50.0M by offering 5.6M shares, anticipated to be priced between $8.00 and $10.00 per share. Description: Clinical biotech company developing GSK-3 inhibitor drugs to treat metastatic pancreatic cancer. Autozi Internet Technology (AZI) is raising $11.3M by offering 2.5M shares, anticipated to be priced between $4.00 and $5.00 per share. Description: Parallel importer of cars and auto parts in China. Majestic Ideal Holdings (MJID) is raising $11.3M by offering 2.5M shares, anticipated to be priced between $4.00 and $5.00 per share. Description: Offers supply chain services to the apparel industry in China. OrangeKloud Technology (ORKT) is raising $13.8M by offering 2.8M shares, anticipated to be priced between $4.75 and $5.25 per share. Description: Singapore-based software development company. WORK Medical Technology Group (WOK) is raising $8.0M by offering 2.0M shares, anticipated to be priced at $4.00 per share. Description: Developer and supplier of medical devices in China. Ming Shing Group (MSW) is raising $9.8M by offering 1.5M shares, anticipated to be priced between $5.50 and $7.50 per share. Description: Provider of wet trades works services in Hong Kong. QMMM Holdings (QMMM) is raising $8.5M by offering 2.1M shares, anticipated to be priced at $4.00 per share. Description: Hong Kong-based digital media advertising services company. OS Therapies (OSTX) is raising $8.0M by offering 2.0M shares, anticipated to be priced at $4.00 per share. Description: Clinical stage biopharmaceutical company focused on the development of treatments for osteosarcoma and other solid tumors. Primega Group (PGHL) is raising $8.8M by offering 1.8M shares, anticipated to be priced between $4.00 and $6.00 per share. Description: Holding company operating in Hong Kong by its operating subsidiary.  Terms and changes  Canadian medtech Breathe BioMedical (BRTH) has set terms to raise up to $8M in an initial public offering by issuing 1.6M shares priced between $4 and $6 per share, which would raise $8M if priced at the midpoint. In a prior filing, Breathe indicated it was interested in raising around $12M. Eports organization NIP Group (NIPG) has set terms to raise up to $23M in an initial public offering by issuing 2.3 ADSs at a price range of $9 and $11 per ADS. Property and restaurant management software provider 3 E Network Technology (EEET) lowered its proposed deal size and now has plans to raise $6M by offering 1.2M shares at a price range of $4 and $6 per share. Chinese marketing services provider Xuhang Holdings (SUNH) changed its book runner and has plans to raise $11M by offering 2.5M shares at a price range of $4 and $5 per share.  Lockup period expirations Smith Douglas Homes (NYSE:SDHC) on 7/9/2024. Price movement over the past six months: -10.92%.  SA Commentary With declining revenue, a swing to operating losses, and numerous risks to investors, the SA Investing Group Leader outlook on the Orangekloud Technology (ORKT) IPO is bearish (avoid).","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":1},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.29.3","shortVersion":"4.29.3","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2450808839"}