Observation on IPO of US Stocks:Feb 7-11th

IPO_Focus
2022-02-07

Observation on IPO of US stocks

Listing of new shares:

  • Arcellx (ACLX), a cancer immunotherapy biomedical company, rose 12% on the first day;

The rest were delayed from listing

IPO this week:

February 7th:

  • Diversified investment company Marygold Companies (The Marygold Companies, Inc. (aka Concierge Technologies, Inc.)$(MGLD)$)
  • Advertising technology platform Direct Digital (Direct Digital Holdings, Inc.$(DRCT)$)
  • Indoor shrimp company tru Shrimp (tru Shrimp Companies, Inc.$(BTRU)$)
  • Clean energy technology solutions company Vivakor (< a href= "https://laohu8.com/S/Vivk "> $(Vivk) $)

Feb. 9: Digital media company The Arena Group (The Arena Group (aka theMaven, Inc.)$(AREN)$)

February 10:

  • Meihua International, a disposable medical device supplier (Meihua International Medical Technologies$(MHUA)$)
  • Short rent apartment operator CorpHousing Group (CorpHousing Group$(CHG)$)
  • Japanese software development company HEARTCORE (HeartCore Enterprises$(HTCR)$)

February 11th:

  • Sky Technologies, an electrical technology company (Sky Technologies$(SKYX)$)
  • Sustainable bedding company Cariloha, Inc. (Cariloha, Inc.$(ALOHA)$)

Other important delivery companies:

  • British marijuana producer Akanda ($(AKAN)$)
  • China Intelligent Parking Management System and Parking Lot Operator Youchuang Yibo Intelligent Technology Yi Po International Holdings (YBZN);
  • Chinese business service provider: U-BX Technology (UBXG);
  • Wuxi Li Bang International Corporation (LBGJ)

I. Sustainable Bedding Company Cariloha, Inc. (ALOHA)

Cariloha provides customers with environmentally friendly alternatives to traditional fabrics, and has successfully developed one of the brands of a full range of products and household items using bamboo fabrics. The company markets and sells its products through fast-growing e-commerce channels, modern and efficient showrooms and wholesale channels, and is committed to creating a community for environmentally conscious consumers through its clean, sustainable, effective and well-designed products. Cariloha's long-term contractual marketing partnerships with major cruise lines enable it to reach tens of thousands of new customers who visit the company's independent showrooms in high-traffic destinations and cruise ports of call.

As of September 30, 2021, the company's bedding category (which accounts for 68% of revenue) offers 184 SKUs with prices ranging from $25 to $2,900. Clothing (18% of revenue) offers 6,959 SKUs at prices ranging from $10 to $89; its bathroom category (6% of revenue) offers 39 SKUs at prices ranging from $24 to $120. The company's revenue for the 12 months ended September 30, 2021 was $49 million.

II. Meihua International, a medical device supplier (Meihua International Medical Technologies$(MHUA)$) Update the prospectus

Meihua International is a disposable medical device supplier serving hospitals, pharmacies and medical institutions, and has obvious vertical medical device enterprise attributes. In terms of qualifications, the Company has Class I, Class II and Class III disposable medical device qualifications, including Class I product filing certificate and Class II-III product registration certificate, as well as China disposable medical device production and operation license. The company has more than 920 products in total, including disposable infusion pump, anesthesia puncture kit, electronic pump, general anesthesia kit, catheterization kit, gynecological examination kit, endotracheal intubation, dressing application, various tubes and other Class I, II and III products. According to the sales channels, there are more than 800 kinds of domestic products and more than 120 kinds of export products.

As of August 2021, Meihua International Medical has 61 suppliers; In terms of downstream channels, as of December 31, 2020, the company has a total of 2,869 customers, including 473 end customers, 2,095 domestic dealer customers and 301 export dealer customers

In 2019 and 2020, the company's medical care was respectivelyRevenues of US $79.6261 million and US $89.061 million were achieved, with a year-on-year increase of 12% in 2020. It is worth mentioning that the income from third-party sales accounts for the main income source of Meihua International Medical, accounting for 98.96% and 99.08% of the total income in 2019 and 2020 respectively. In the same period, the gross profit was US $32.211 million and US $37.1602 million respectively, and the gross profit margin was 40% and 42% respectively. The net profit in 2020 was US $19.0453 million, a year-on-year increase of 23.42%

In terms of SPAC,

The companies that determine the agreement include:

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Comments

  • snoozii
    2022-02-08
    snoozii
    The US stock market is not good, and the probability of new shares falling below the issue price increases, so investors should be careful.
  • snixee
    2022-02-08
    snixee
    I estimate that most IPO companies this week may fall below the issue price on the first day.
    • wubbix
      These companies choose to go public at the wrong time.
  • zingle
    2022-02-08
    zingle
    Oh, my God. Three more Chinese companies are preparing to go public in the United States. This rhythm is really fast.
  • wobee
    2022-02-08
    wobee
    At this rate, the number of companies listed in the US this year will exceed that of last year.
  • whimsie
    2022-02-08
    whimsie
    To sum up, the upsurge of SPAC has not receded.
  • pizzi
    2022-02-08
    pizzi
    I am optimistic about Meihua International among the companies that want to conduct IPO.
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