2d illustrations and photos/iStock via Getty Images Battery maker Clarios has downsized its proposed US initial public offering to around $100M from $1.67B. In its latest SEC filing, Clarios said that it is now looking to raise up to $100M, a number that is likely a placeholder and subject to change. The company also said...
jxfzsy/iStock via Getty Images Lytus Technologies (NASDAQ:LYT) shares jumped 37% in afternoon trading Friday following three days of steep declines. Shares of the streaming services and telemedicine provider opened at $4.08, hitting a high of $7.41 in early trading before dipping to a low of $4.07 in early afternoon. The stock recently changed hands at...
2d illustrations and photos/iStock via Getty Images Shares of newly public Zhong Yang Financial Group (NASDAQ:TOP) rallied 25% Friday afternoon in the wake of two SEC filings. Zhong Yang shares opened at $24.78, hitting a low of $23.91 in early trading before climbing to a high of $31.29. The stock recently changed hands at $30.77,...
Guido Mieth/DigitalVision via Getty Images Japanese cosmetics marketer Yoshitsu (NASDAQ:TKLF) saw its shares tumble 20% Friday, the day after the stock rallied nearly 30%. Shares of Yoshitsu opened at $1.63, reaching a session high of $1.70 in early trading before sliding to $1.32 in early afternoon. The stock recently changed hands at $1.35, down 20%,...
2d illustrations and photos/iStock via Getty Images Shares of newly public Lytus Technologies (NASDAQ:LYT) continued their downward spiral on Thursday, tumbling 22% in midday action to trade 91% below the all-time high reached on Monday. Lytus shares opened at $4.59, hitting a high of $4.85 in mid-morning trading and then sliding to a low of...
2d illustrations and photos/iStock via Getty Images Fabless chipmaker Nano Labs (NA), which specializes in integrated circuits for cryptocurrency mining, intends to raise around $37M through a US initial public offering. In an amended filing, Nano Labs said that it plans to offer 3.5M American Depositary Shares, representing 7M ordinary shares, priced between $9.50 and...
Liudmila Chernetska/iStock via Getty Images Shares of Japanese cosmetics marketer Yoshitsu (NASDAQ:TKLF) soared 35% on Thursday afternoon. Yoshitsu stock opened at $1.28, dipping to a low of $1.20 in early trading before climbing to a high of $2.05 in mid-afternoon. Shares recently changed hands at $1.67, up 35%, at approximately 2:30 p.m. ET. The rally...
jxfzsy/iStock via Getty Images Psychedelic drug developer Clearmind Medicine (OTCPK:CMNDF) (OTC:CMND) has filed to raise up to $14M through a US initial public offering. The Canadian company filed to offer an undisclosed number of units, with each unit consisting of one share plus one warrant to buy one share. While pricing wasn’t disclosed, a filing...
ismagilov/iStock via Getty Images Coffee chain Reborn Coffee (REBN) has downsized its proposed initial public offering to $18M from $40M. In its latest filing, Reborn said that it is now proposing to offer 15M shares, but did not disclose the price range. A filing fee schedule, however, indicated the company was looking to raise up...
jxfzsy/iStock via Getty Images Mineral exploration company Ivanhoe Electric (NYSE:IE) saw its stock slide 16% on Wednesday, the day after it held a $169M initial public offering priced at the lower end of a previously disclosed range. Shares of Ivanhoe opened at $10.38, hitting a session high of $10.69 in early trading before sliding to...