U.S. IPO Weekly Recap: Microcap Makes Volatile Debut To Close Out February

   2024-03-02 06:03

Large yellow signboard on metal frame with the word IPO

ismagilov

Only one small IPO debuted this past week.



Solar energy company SolarMax Technology (SMXT) raised $18 million at a $178 million market cap. It primarily sells and installs LED lighting and retrofitting services, as well as integrated photovoltaic systems in the

U.S. IPO Calendar
Issuer Business Deal Size Market Cap Price Range Shares Filed Top Bookrunners

Amphitrite Digital (AMDI)

St. Thomas, U.S. Virgin Islands

$7M

$61M

$3.50 – $4.50

1,750,000

Kingswood Cap. Mkts.

Provides maritime tours and activities in the continental US and US Virgin Islands.

Intelligent Group (INTJ)

Hong Kong, China

$9M

$60M

$4 – $5

2,000,000

WestPark Capital
Provides financial public relations consulting in Hong Kong.

CDT Environmental (CDTG)

Shenzhen, China

$9M

$50M

$4 – $5

2,000,000

WestPark Capital
Provides sewage treatment systems and services in China.

NYIAX (NYX)

New York, NY

$8M

$82M

$4

2,106,250

WestPark Capital EF Hutton
Provides an advertising marketplace and contract management platform.

Ryde (RYDE)

$14M

$86M

$4 – $5

3,000,000

Maxim
Operates a ride-hailing app in Singapore.


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