To The Moon

A bunch of companies plan to go public this year, companies are rejoining the lineup. In fact, last week was the busiest week for IPOs since October.

It was highlighted by solar energy firmNextracker, which became the biggest public offering in four months yesterday. It raised $638 million and sold about 15% more shares than anticipated.

IPO Market Warms Up With Busiest US Trading Week Since October

1-IPOs on Last Week:

• Lidar-maker $Hesai Group(HSAI)$ （+11% on IPO trading day）
• Lax preparation service $Lichen China Ltd(LICN)$ （-12% on IPO trading day）
• $NEXTracker Inc(NXT)$ （+27% on IPO trading day）
• $Lucy Scientific Discovery, Inc.(LSDI)$ （-5% on IPO trading day）
• $Mineralys Therapeutics, Inc.(MLYS)$ （+15% on IPO trading day）
• $Enlight Renewable Energy Ltd.(ENLT)$ （+583% on IPO trading day）

2-IPOs in This Week

• $BRAIN SCIENTIFIC INC(BRSFD)$
• The NFT Gaming Company Inc（$(NFTG)$）
• La Rosa Holding Corp（LRHC）
• Neuraxis Inc（NRXS）
• $ULTIMAX DIGITAL, INC.(NFTU)$
• $CURATIVE BIOTECHNOLOGY INC.(CUBT)$
• Elephant Oil Corp（ELEP）
• CaliberCos Inc（$(CWD)$）
• Solarjuice Co Ltd（SJA）
• Intensity Therapeutics Inc（INTS）

3-IPOs Recently Filed

• American electronic cigarette and marijuana electronic cigarette product brand company Ispire Technology(Pending:$ISPR)
• Enterprise consulting and management industry service company yuezhonghui international holdings group ltd (yzh) plans to submit a report and plan to list on  $NASDAQ(.IXIC)$
• EPWK Holdings Ltd, which provides creative trading services for small and medium-sized enterprises and suppliers, plans to IPO on Nasdaq
• Chinese trucking company Haoxin Holdings files and sets terms for a $15 million US Nasdaq IPO
• Webus International, a Chinese digital chartered car customization platform, filed an initial public offering (IPO) application with the US Securities and Exchange Commission (SEC) on Friday, aiming to raise US$20 million.
• Singapore-based Multi Ways Holdings Ltd., which sells and rents heavy construction equipment, filed for an initial public offering

4- SPAC aspect

RealWear, Inc. has entered into an agreement with $Cascadia Acquisition Corp.(CCAI)$.

Allurion, a global leader in weight loss technology, will go public through a business combination with $Compute Health Acquisition Corp (CPUH)$.

Also, Lotus , $Geely Automobile Holdings Ltd.(GELYY)$'s subsidiary, plans to list on Nasdaq through a backdoor SPAC

5-3 Companies in details 

5.1 Weibus submits a prospectus to the US SEC

Weibus, a customized commuter bus, car rental and travel service company, recently disclosed its prospectus, intending to list on NASDAQ, with Leituo Financial Securities as its underwriter.

Weibus is building a global one-stop customized full-process service platform for the chartered car industry, hoping to provide customized commuting, bus and car rental, and travel services through the company's global platform (supported by big data and advanced algorithms), so that Mobility just got easier and smarter. In addition, Wetour, a new travel sub-brand under Microbus, is an online customized travel booking service platform, providing users with global Chinese chartered car booking and boutique customized travel services.

The online channels of Weibus include APP, official website, WeChat and Alipay applets, and connect with the three major domestic online travel agency platforms Ctrip, Fliggy, and Tongcheng, and have established a certified partnership with Xiaohongshu. The offline channels of Weibus include business strategic cooperation with more than 50 cities and counties in Zhejiang Province, travel agencies, online bus booking platform gotobus, and service desks at Hangzhou high-speed railway stations, airports and other transportation stations. Weibus has more than 11,000 dispatchable vehicles in China, and about 8,000 drivers provide chartered services overseas.

In terms of performance, in the past fiscal year 2021, fiscal year 2022 (ending June 30) and the first six months of fiscal year 2023, the company's revenues were RMB106.5 million, RMB129.95 million, and RMB93.72 million respectively, and the net losses for the same period were RMB7.8237 million. , RMB6.5822 million, and RMB 3.0616 million.

5.2 EPWK submits prospectus

Source: https://twitter.com/r0iqatz3w1gn9ap

EPWK publicly disclosed the prospectus $(EPWK)$ in the SEC on February 9th, and plans to list on the NASDAQ IPO in the United States, with Revere Securities LLC as its underwriter.

EPWK, as a digital and intelligent network service platform that continues to provide impetus for the growth of small, medium and micro market entities, through the creation of an innovative and efficient comprehensive crowdsourcing platform, the company connects enterprises with outstanding talents and provides creative ideas for small and medium-sized enterprises and suppliers. transactional services. The creative services provided by EPWK cover seven categories including design, software development, marketing, business copywriting, interior decoration, life services, and business services.

In terms of GMV in the first half of 2022, EPWK is the second largest online platform for popular packages in China, second only to Zhubajie. The company connects businesses (buyers) and service providers (sellers), and in the past three years from 2019 to 2021, the company's platform has registered 2.23 million items among 15.33 million sellers and 7.67 million buyers from China A gross merchandise volume of $804 million was achieved. The average annual active users (AAU) is 10.13 million.

In terms of performance, in the past 2021 fiscal year and 2022 fiscal year (June 30), the company's revenue was $11.3663 million and $12.8111 million respectively, and the net profit during the same period was $394,200 and -$3.2023 million respectively.

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5.3 $(YZH)$ intends to list on Nasdaq IPO

Source:https://www.benzinga.com/

Guangdong Yuezhonghui Technology Co., Ltd. submitted a form on February 7, intending to list on the NASDAQ IPO in the United States. ​

The company is deeply involved in the enterprise consulting management industry and e-commerce service industry, and is committed to providing professional and customized business services for enterprises, and is committed to opening up online and offline, domestic and foreign sales promotion channels for market players.

The company gathers a resource-rich product supply chain, carefully builds the digital new retail ecological platform of Yuezhonghui, uses high-quality products and industrial projects as the medium, realizes cross-border integration, promotes cross-enterprise, cross-industry, and cross-community cooperation, and builds a platform for consumers and businesses. , a bridge for online and offline communication, to help mass consumption and entrepreneurship, consumption and retirement, and make more people healthy and happy; through the brand-new consumption new retail planning model, entertainment e-commerce model and new media marketing tools, platforms, businesses and consumers A win-win situation will allow more people to create wealth through the new digital retail ecosystem.

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Francis Scialabba