Softcare Limited (02698.HK) $SOFTCARE(02698)$ — a Dubai-headquartered multinational hygiene products company focused on fast-growing emerging markets — is attracting market attention with its upcoming Hong Kong IPO. Backed by strong profitability, localized production capabilities, and substantial cornerstone support, the offering provides investors exposure to the structural growth story in Africa and other emerging regions.1. Offering OverviewSubscription period: October 31 – November 5 (until 9:30 A.M.)Listing date: November 10Offer price range: HK$24.2 – HK$26.2Expected market cap: HK$14.66 billion – HK$15.97 billionTotal shares offered: 90.884 millionMinimum investment: HK$5,292.852. Company ProfileFounded in 2009 and headquartered in Dubai,

Trump's policies are fueling a wave of crypto IPOs: $Bullish(BLSH)$ is sprinting for a US IPO, led by a former NYSE president, backed by 24,000 BTC and valued at $4.82 billion. Meanwhile, $Circle Internet Corp.(CRCL)$ has seen its stock price rise nearly 420% since its IPO this year.Trading Outlook:Book Closing: Subscription orders will cease at 4:00 PM ET on Tuesday, August 12 (4:00 AM BST on August 13).IPO Pricing: On the evening of Tuesday, August 12, the final price range was raised from $28–31 to $33 (possibly further upward).Trading: Officially opens on the New York Stock Exchange on Wednesday, August 13, 2025, under the ticker symbol BLSH.Lead underwriters are $

$Figma(FIG)$ 's stock surged 250% after its IPO on Thursday and continued to rise in pre-market trading on Friday, bringing its market capitalization to over $61 billion. This makes it the largest software company IPO since 2024.Live look at figma employees today.ImageSome netizens compared the situation to $Adobe(ADBE)$ , which once failed to acquire Figma with a $20 billion offer, and now faces a formidable competitor.As of press time, $Figma(FIG)$ 's pre-market market capitalization may exceed $61 billion, while Adobe's is around $150 billion. However, in terms of revenue, Adobe's revenue is still 26 times that of Figma.Metric (Last 12 Months)

$NTT DC REIT USD(NTDU.SI)$ The data center real estate trust ( $NTT DC REIT USD(NTDU.SI)$ DC REIT), owned by Japanese telecommunications giant NTT, has completed its listing on the Singapore Exchange (SGX), becoming one of the largest initial public offerings (IPOs) in Singapore in the past four years. The REIT raised a total of approximately US$600 million, with an asset portfolio covering six data centers in the United States, Singapore and Austria, with a total asset valuation of more than US$1.6 billion, an overall IT load of 90 megawatts, and an occupancy rate of 94.3%. The REIT focuses on the positioning of "high quality and stable income" and is expected to provide a distribution yield (DPU)

Francisco-based design software company, has officially filed for an IPO and plans to trade on the NYSE under the ticker “$FIG.”Known for strong revenue growth, up 46% year-over-year in Q1 2024, and a large global user base, Figma enters the public market after a scrapped $20B acquisition deal with Adobe in 2023.The IPO comes amid renewed investor interest following a long IPO drought. Founded in 2012 by Dylan Field and Evan Wallace, Figma has 1,646 employees and major backers like Index Ventures and Sequoia.Field, who holds a majority voting stake, said the move aims to expand ownership and access capital markets.Figma ended Q1 with $1.54 billion in cash and has recently made acquisitions and invested in Bitcoin-related assets.The offering is led by $M

Company OverviewFounded in 2012, Figma is a leading cloud-based design and prototyping platform widely used by designers, developers, and product teams for real-time collaboration. Its browser-first architecture and intuitive UI have made it the go-to choice for enterprises like $Microsoft(MSFT)$ , $Uber(UBER)$ , and $Zoom(ZM)$ . Figma’s flagship products include Figma Design, FigJam (for whiteboarding), and now Figma Make (for no-code AI apps). The company has become synonymous with collaborative product design, disrupting traditional tools like $Adobe(ADBE)$ XD and Sketch.💸IPO Essentials  Listing Venue: New Yor

Hundreds of companies are lining up for IPOs in Hong Kong, with the $HKEX(00388)$ share price expected to surge by 40% this year. The target price for HKEX has been raised to HKD 470.The Hong Kong IPO market has shown a strong recovery momentum in 2025, and the share price of $HKEX(00388)$ is also expected to see a significant increase. $HKEX(00388)$ is a listed company of the Hong Kong Stock Exchange, and its share price performance is directly affected by market activity and the heat of the IPO market. Below is the relevant analysis and expectations:As of June 2025, the Hong Kong IPO market continues to be highly active, with a significant increase in the nu

1.Hong Kong $HSI(HSI)$ $HSTECH(HSTECH)$ IPOS1.1 Last week’s Listings and First-Day Performance (3 companies)$NEWTREND GROUP(02573)$ A producer of food-grade sucralose and glycine additives. First-day performance: +21%.$RONGTA TECH(09881)$ : A provider of AIDC devices and solutions. First-day performance: +42%.$METALIGHT(02605)$ : A leading public transportation information service provider. First-day performance: -30%.1.2 HK IPOs in Progress (4 companies)$HAITIAN FLAV(03288)$ (referred to as "the 'Soy Sauce King'"): A leading compa

Offer amount is ~$345.4M. Here’s a quick summary of some red flags we spotted in their most recent S-1 filings. 📝ImageImageImage⚠️ Disclaimer: Just because we're posting this summary does not mean it's a smart idea to short any IPO, let alone in the current investing climate. In any case, here goes:💸 Persistent and Widening Net Losses:Net loss attributable to Voyager Technologies, Inc. was $62.1 million in 2024 (up from $25.4 million in 2023) and $26.9 million for Q1 2025 (up from $14.8 million in Q1 2024).Loss before income taxes was $67.3 million in 2024 (up from $24.9 million in 2023).Accumulated deficit stood at $308.1 million as of March 31, 2025.💸 Negative and Worsening Cash Flow from Operations:Cash used in operating activities was $25.5 million for the year ended Dec 31, 2024 (an i

$Voyager Technologies, Inc.(VOYG)$ is set to make its debut on the New York Stock Exchange (NYSE) today, June 11, 2025, under the ticker symbol "VOYG." ImageThe company has priced its initial public offering (IPO) at $31.00 per share, above its expected range of $26.00 to $29.00. This upsized offering includes 12,348,387 shares, raising approximately $382.85 million. Additionally, underwriters have a 30-day option to purchase up to 1,852,258 additional shares.ImageCompany OverviewVoyager Technologies is a defense and space technology company focused on delivering transformative, mission-critical solutions. Its core business segments include Defense & National Security, Space Solutions, and Starlab Space Stations. The company's work spans commu

On June 5th, $Circle Internet Corp.(CRCL)$ will IPO on the NYSE in the highest profile IPO seen since $Coinbase Global, Inc.(COIN)$ back in 2021.Bloomberg reporting that the Circle IPO has priced at $31 per share, above the range. $Circle Internet Corp.(CRCL)$ $USDATA Corp.(USDC)$ ImageFinancial reports in 3 years:$1.7B revenues (+16% y/y) $285M EBIDTA (-29% y/y) $155M Net Income (-42%)ImageSee from the $Circle Internet Corp.(CRCL)$ financial model below. $Circle Internet Corp.(CRCL)$ 's IPO valuation was raised to $31, and the Forward

Bawang Tea Princess IPO: Chinese Tea Brand Enters Global MarketAre you interested in this area?Listed Chinese Tea Drink Companies Similar to Ba Wang Tea PrincessNaiXue's Tea $NAYUKI(02150)$ Listing Location: Hong Kong Stock Exchange $HKEX(00388)$ Listing Date: December 2021Market Value: Once valued at nearly HKD 34 billion, the stock price has now dropped to HKD 0.94 (as of the close on April 8), with a market cap of only HKD 1.603 billion.Brand Positioning: As the "first new-style tea drink stock," NaiXue's Tea is positioned at the high end, focusing on product quality and consumer experience.Cha Bai Dao

On Tuesday, Eastern Time, $CoreWeave, Inc.(CRWV)$ , an AI cloud computing company, made a strong comeback, with its stock price surging by 41.77% to exceed its initial public offering (IPO) price, and its market value broke through $24.3 billion. Another media company, Newsmax, saw a staggering increase of 2,240% within just two days.The US stock market welcomed the strong performances of two new listings this week. On Tuesday, Eastern Time, CoreWeave, an AI cloud computing company that had been highly anticipated, saw its stock price close with a 41.77% increase, rebounding from the initial IPO underperformance. Meanwhile, another digital media company, Newsmax, soared by more than 22 times within two days after its listing, reminiscent of the "m

Investors Warily Await the $ARM Holdings Ltd(ARM)$ I.P.O.Arm sign on side of building, the IPO for the UK-based chip designer Arm, which is more than five times oversubscribed, will close on Tuesday, instead of Wednesday as previously intendedBritish chip designer $ARM Holdings Ltd(ARM)$ is considering increasing the price range for its initial public offering (IPO) after experiencing strong demand.People familiar with the matter said the IPO is more than 10 times oversubscribed, will close on Tuesday, instead of Wednesday as previously intended.The IPO, backed by Softbank Group Corp, initially set a price range of $47 to $51 per share, resulting in a valuation of $54.5 billion.Arm Holdings expects to raise

The largest IPO in the US is coming from $Softbank Group Corp(SFTBY)$ , with its subsidiary, $ARM Holdings Ltd(ARM)$ .According to the submitted documents, the IPO price range is between $47 to $51 per share, with a market valuation ranging from $48.2 billion to $52.3 billion.Recently, it has been reported by insiders that $ARM Holdings Ltd(ARM)$ is already oversubscribed by more than ten times. It is likely to increase its pricing range, and the valuation may exceed $54.5 billion.Introduction to $ARM Holdings Ltd(ARM)$ Read more：Dive in ARM IPO: 8 Points T