The IPO Week
Six IPOs
Asia Continues to Feed New Issuers Into U.S. Market with Four of Week's Six Offerings
Hong Kong-Based Top Wealth Group and Junee Are Publicly Traded
Hong Kong Is Home to Eight of 2024's IPO Companies, One Shy of Its Total for All of 2023
China's CDT Environmental Technology Investment Holdings and Singapore-Headquartered Tungray Technologies Price
CDT Environmental Spent More Than Three Years In Public Registration; Current Average for 2024 New Issuers Is 201 Days
Centuri Holdings, Arizona-Based Provider of Utility Infrastructure Services, Makes Public Market Debut
Last SIC 4923 (Natural Gas Transmission & Distribution) IPO In the U.S. Was In December 2002
Goldman Leads Digital Promotions Platform Operator Ibotta to Market
With Nine Completed Deals, Goldman Currently Ranks Third Among 2024's Lead Underwriters
Two Initial IPO Filings
Isle of Man-Headquartered Games Global Publicly Registers Plans for U.S. Offering
Developer and Distributor of Online Casino-Style Gaming Content Will Continue to be Controlled by Zinnia After the IPO
No Isle of Man-Based Company Has Priced In the U.S. Since at Least 1997
Blank Check GP-Act III Acquisition Files Second Attempt at IPO; Withdrew Prior Registration In November 2022
GP-Act III Has Not Specified Target Company or Industry, But Will Focus On High Potential U.S. Businesses
Lead Manager Cantor and Three Co-Sponsors Will Purchase Approximately $3 Million of Warrants In Concurrent Private Placements
No IPO Withdrawals
| IPO Offerings | Form Type | 1st Lead Manager
Listed |
Initial Filing Date | Offer Date |
|---|---|---|---|---|
| Top Wealth Group Holding Limited | 424B4 | Revere Securities, LLC | 11/21/23 | 4/15/24 |
| CDT Environmental Technology Invest. | 424B4 | WestPark Capital, Inc. | 1/15/21 | 4/17/24 |
| Centuri Holdings, Inc. | 424B4 | UBS Securities LLC | 3/22/24 | 4/17/24 |
| Ibotta, Inc. | 424B4 | Goldman Sachs & Co. LLC | 3/22/24 | 4/17/24 |
| Junee Limited | 424B4 | Spartan Capital Securities, LLC | 7/13/22 | 4/17/24 |
| Tungray Technologies Inc | 424B4 | US Tiger Securities, Inc. | 3/9/23 | 4/18/24 |
| Initial IPO Filings | Form Type |
1st Lead Manager
Listed |
Initial Filing Date | |
|---|---|---|---|---|
| Games Global Limited | F-1 | JPMorgan Securities LLC | 4/16/24 | |
| GP-Act III Acquisition Corp. | S-1 | Cantor Fitzgerald & Co. | 4/19/24 |
| IPO Withdrawals | Form Type | 1st Lead Manager Listed |
Initial Filing Date | Withdrawal Date |
|---|---|---|---|---|
| No IPO Withdrawals | -- | -- | -- | -- |
The IPO Line-Up
IPO Line-Up Falls Seven to 109 Eight-Week Active Registrants
New Century Logistics (BVI) Replaces Lead Manager Prime Number Capital with Eddid Securities, Returns to IPO Line-Up
First Filing Since October 19th Places Brilliance Group Back Among Eight-Week Active Registrants
Invizyne Technologies Rejoins Active Filers List with Amendment No. 2
Five Price Ranges Filed
GP-Act III Acquisition Establishes Price Range In Initial Public Registration
Marex Group, Rubrik, and Loar Holdings Amend Public Registrations for First Time, Set Price Ranges
Amendment No. 2 by Lirum Therapeutics Includes Price Range
Eleven Other Registrants File Amendments
Armlogi Holding Changes First Lead Manager from R.F. Lafferty to EF Hutton
Silvaco Group Files Amendment No. 1 Four Days After Publicly Registering
IPO Line-Up
(Ranked by Initial Filing Date)
The IPO Line-Up contains IPO Registrants that have had filing activity in the last 8 weeks
and have not gone public or withdrawn from registration.
IPO Registrants that are red and bold indicate that a filing with the initial IPO price range has been filed with the SEC.
| IPO Registrant | Form Type | 1st Lead Mgr Listed | Initial Filing Date | Filing w/ Initial Price Range | 2/26 - 3/1 | 3/4 - 3/8 | 3/11 - 3/15 | 3/18 - 3/22 | 3/25 - 3/29 | 4/1 - 4/5 | 4/8 - 4/12 | 4/15 - 4/19 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| GP-Act III Acquisition Corp. | S-1 | Cantor | 4/19/24 | 4/19/24 | -- | -- | -- | -- | -- | -- | -- | S-1 |
| Games Global Limited | F-1 | JPMorgan | 4/16/24 | -- | -- | -- | -- | -- | -- | -- | -- | F-1 |
| Silvaco Group, Inc. | S-1 | Jefferies | 4/12/24 | -- | -- | -- | -- | -- | -- | -- | S-1 | 4/16 |
| Gauzy Ltd. | F-1 | Barclays | 4/12/24 | -- | -- | -- | -- | -- | -- | -- | F-1 | -- |
| Bowhead Specialty Holdings Inc. | S-1 | JPMorgan | 4/12/24 | -- | -- | -- | -- | -- | -- | -- | S-1 | -- |
| Proficient Auto Logistics, Inc. | S-1 | Stifel | 4/11/24 | -- | -- | -- | -- | -- | -- | -- | S-1 | -- |
| Mission Space Acquisition Corp. | S-1 | B. Riley | 4/10/24 | 4/10/24 | -- | -- | -- | -- | -- | -- | S-1 | -- |
| Viking Holdings Ltd | F-1 | BofA Securities | 4/5/24 | -- | -- | -- | -- | -- | -- | F-1 | -- | 4/15 |
| Springview Holdings Ltd | F-1 | Univest Securities | 4/5/24 | 4/5/24 | -- | -- | -- | -- | -- | F-1 | -- | -- |
| Loar Holdings Inc. | S-1 | Jefferies | 4/2/24 | 4/17/24 | -- | -- | -- | -- | -- | S-1 | -- | 4/17 |
| Fuxing China Group Limited | F-1 | Boustead | 4/2/24 | 4/2/24 | -- | -- | -- | -- | -- | F-1 | -- | -- |
| Rubrik, Inc. | S-1 | Goldman Sachs | 4/1/24 | 4/16/24 | -- | -- | -- | -- | -- | S-1 | -- | 4/16 |
| Lakeside Holding Limited | S-1 | Benchmark | 4/1/24 | 4/1/24 | -- | -- | -- | -- | -- | S-1 | 4/12 | -- |
| Xinxu Copper Industry Technology Limited | F-1 | Craft Capital | 3/29/24 | -- | -- | -- | -- | -- | F-1 | -- | -- | -- |
| Huge Amount Group Limited | F-1 | Univest Securities | 3/29/24 | -- | -- | -- | -- | -- | F-1 | -- | -- | -- |
| Reitar Logtech Holdings Limited | F-1 | Univest Securities | 3/28/24 | 3/28/24 | -- | -- | -- | -- | F-1 | -- | -- | -- |
| Marex Group plc | F-1 | Barclays | 3/26/24 | 4/15/24 | -- | -- | -- | -- | F-1 | -- | -- | 4/15 |
| NETCLASS TECHNOLOGY INC | F-1 | Revere Securities | 3/25/24 | 3/26/24 | -- | -- | -- | -- | F-1 | -- | -- | -- |
| Churchill Capital Corp IX | S-1 | Citigroup | 3/22/24 | 3/22/24 | -- | -- | -- | S-1 | -- | -- | 4/12 | -- |
| Nano Nuclear Energy Inc. | S-1 | Benchmark | 3/19/24 | 3/19/24 | -- | -- | -- | S-1 | -- | -- | 4/10 | -- |
| Libera Gaming Operations, Inc. | F-1 | Boustead | 3/15/24 | 3/15/24 | -- | -- | F-1 | -- | -- | -- | -- | -- |
| CTRL GROUP LIMITED | F-1 | Pacific Century | 3/15/24 | -- | -- | -- | F-1 | -- | -- | -- | -- | -- |
| Suke Limited | F-1 | Revere Securities | 3/12/24 | 3/12/24 | -- | -- | F-1 | 3/20 | -- | -- | -- | -- |
| Lirum Therapeutics, Inc. | S-1 | ThinkEquity | 3/11/24 | 4/18/24 | -- | -- | S-1 | 3/22 | -- | -- | -- | 4/18 |
| RF Acquisition Corp II | S-1 | EarlyBirdCapital | 3/8/24 | 3/8/24 | -- | S-1 | -- | -- | -- | -- | -- | 4/15 |
| Eureka Acquisition Corp | S-1 | Maxim Group | 3/8/24 | 3/8/24 | -- | S-1 | -- | -- | -- | -- | -- | -- |
| Jyong Biotech Ltd. | F-1 | Joseph Stone | 3/7/24 | -- | -- | F-1 | -- | -- | -- | -- | -- | -- |
| Cuprina Holdings (Cayman) Limited | F-1 | Network 1 | 3/7/24 | -- | -- | F-1 | -- | -- | -- | -- | -- | -- |
| Wing Yip Food Holdings Group Limited | F-1 | EF Hutton | 3/6/24 | -- | -- | F-1 | -- | -- | -- | -- | -- | -- |
| Primega Group Holdings Limited | F-1 | Eddid Securities | 3/6/24 | 3/6/24 | -- | F-1 | -- | -- | -- | -- | -- | -- |
| Luda Technology Group Limited | F-1 | Pacific Century | 3/4/24 | 3/4/24 | -- | F-1 | -- | -- | -- | -- | -- | -- |
| Skubbs Holdings Limited | F-1 | Revere Securities | 3/1/24 | -- | F-1 | -- | -- | -- | -- | -- | -- | -- |
| Orangekloud Technology Inc. | F-1 | Maxim Group | 2/16/24 | 2/16/24 | -- | 3/6 | -- | 3/21 | -- | -- | -- | -- |
| Invizyne Technologies Inc. | S-1 | Public Ventures | 2/9/24 | 2/9/24 | -- | -- | -- | -- | -- | -- | -- | 4/17 |
| Wellchange Holdings Company Limited | F-1 | Pacific Century | 2/8/24 | 2/8/24 | -- | -- | -- | -- | 3/27 | -- | -- | -- |
| Green Circle Decarbonize Technology Ltd | F-1 | Spartan Capital | 2/8/24 | 2/8/24 | -- | 3/4 | -- | -- | 3/25;3/29 | 4/5 | -- | 4/16 |
| Veg House Holdings Inc. | F-1 | EF Hutton | 2/2/24 | 2/2/24 | 2/26 | 3/6 | 3/14 | -- | 3/29 | -- | -- | -- |
| Fly-E Group, Inc. | S-1 | Benchmark | 2/1/24 | 4/3/24 | -- | -- | -- | -- | -- | 4/3 | -- | -- |
| SKK Holdings Limited | F-1 | Bancroft Capital | 1/29/24 | 1/29/24 | -- | 3/7 | 3/13 | -- | -- | -- | -- | -- |
| APRINOIA Therapeutics Inc. | F-1 | US Tiger | 1/25/24 | 2/26/24 | 2/26 | -- | -- | -- | -- | -- | -- | -- |
| iOThree Limited | F-1 | Eddid Securities | 1/24/24 | 1/24/24 | -- | 3/4 | -- | -- | -- | -- | -- | -- |
| Love & Health Limited | S-1 | EF Hutton | 1/8/24 | 1/8/24 | -- | -- | -- | 3/22 | -- | -- | -- | -- |
| Sushi Ginza Onodera, Inc. | S-1 | ThinkEquity | 12/27/23 | 1/26/24 | 2/27 | -- | 3/15 | -- | -- | 4/3 | -- | 4/19 |
| JIADE LIMITED | F-1 | WestPark | 12/27/23 | 12/27/23 | -- | -- | 3/11 | -- | -- | -- | -- | 4/16 |
| LZ Technology Holdings Limited | F-1 | EF Hutton | 12/22/23 | -- | -- | -- | -- | 3/21 | -- | -- | -- | -- |
| High Roller Technologies, Inc. | S-1 | ThinkEquity | 12/20/23 | 1/18/24 | -- | -- | -- | 3/22 | -- | -- | 4/12 | -- |
| Aspen Insurance Holdings Limited | F-1 | Goldman Sachs | 12/20/23 | -- | -- | -- | -- | -- | -- | 4/5 | -- | -- |
| NeOnc Technologies Holdings, Inc. | S-1 | Loop Capital | 12/18/23 | 2/5/24 | 2/29 | -- | -- | -- | -- | -- | -- | -- |
| Going International Holding Company Limited | F-1 | Prime Number | 12/15/23 | -- | -- | -- | -- | 3/22 | -- | -- | -- | -- |
| Linkers Industries Limited | F-1 | Revere Securities | 12/8/23 | 12/8/23 | -- | -- | -- | 3/21 | -- | -- | -- | -- |
| Energys Group Limited | F-1 | Joseph Stone | 12/8/23 | 2/6/24 | 2/26 | 3/5 | -- | 3/22 | -- | -- | -- | -- |
| Key Mining Corp. | S-1 | EF Hutton | 11/14/23 | 1/25/24 | -- | 3/5 | -- | -- | -- | -- | 4/12 | -- |
| ZEEKR Intelligent Technology Holding Limited | F-1 | Goldman Sachs | 11/9/23 | -- | -- | -- | -- | 3/20 | -- | -- | 4/12 | -- |
| HW ELECTRO Kabushiki Kaisha | F-1 | Univest Securities | 11/8/23 | 12/15/23 | -- | -- | 3/11 | -- | -- | -- | -- | 4/19 |
| WF International Limited | F-1 | Benchmark | 11/7/23 | 11/7/23 | -- | -- | -- | -- | -- | -- | 4/11 | -- |
| Sequoia Vaccines, Inc. | S-1 | ThinkEquity | 11/6/23 | 1/26/24 | 2/29 | -- | -- | -- | -- | -- | -- | -- |
| Neo-Concept International Group Holdings | F-1 | Revere Securities | 11/1/23 | 11/1/23 | -- | -- | -- | -- | 3/26 | -- | -- | -- |
| Ten-League International Holdings Limited | F-1 | Eddid Securities | 10/31/23 | 2/23/24 | -- | 3/6 | -- | -- | -- | -- | -- | -- |
| BloomZ Inc. | F-1 | Network 1 | 10/30/23 | 12/27/23 | -- | -- | -- | 3/19 | -- | -- | -- | -- |
| Raytech Holding Limited | F-1 | Revere Securities | 10/27/23 | 10/27/23 | 2/27 | -- | -- | -- | 3/27 | -- | -- | -- |
| Reticulate Micro, Inc. | S-1 | Boustead | 10/23/23 | 10/23/23 | -- | -- | 3/11 | -- | -- | -- | 4/12 | -- |
| Impact BioMedical, Inc. | S-1 | Aegis | 10/17/23 | 11/1/23 | 2/28 | -- | -- | -- | -- | -- | -- | -- |
| Waystar Holding Corp. | S-1 | JPMorgan | 10/16/23 | -- | -- | -- | -- | 3/22 | -- | -- | -- | -- |
| Oriental Rise Holdings Limited | F-1 | US Tiger | 10/13/23 | 10/13/23 | -- | -- | -- | 3/22 | 3/27 | -- | -- | -- |
| Pheton Holdings Ltd | F-1 | Cathay Securities | 10/11/23 | 10/11/23 | -- | -- | -- | -- | 3/27 | -- | -- | -- |
| CleanCore Solutions, Inc. | S-1 | Boustead | 10/10/23 | 10/10/23 | -- | 3/8 | 3/15 | -- | 3/27;3/29 | -- | -- | -- |
| QMMM Holdings Limited | F-1 | Revere Securities | 10/6/23 | 10/6/23 | -- | -- | -- | -- | 3/25 | -- | -- | -- |
| Trident Digital Tech Holdings Ltd | F-1 | Eddid Securities | 10/4/23 | 10/19/23 | -- | -- | -- | 3/18 | -- | -- | -- | 4/19 |
| PHI Group, Inc. | S-1 | Barclays | 10/4/23 | -- | -- | -- | -- | -- | 3/28 | -- | -- | -- |
| Brilliance Group | F-1 | Network 1 | 9/25/23 | 9/25/23 | -- | -- | -- | -- | -- | -- | -- | 4/16 |
| Armlogi Holding Corp. | S-1 | EF Hutton | 9/22/23 | 9/22/23 | 2/29 | -- | -- | 3/22 | -- | -- | -- | 4/16 |
| Kindly MD, Inc. | S-1 | Wallachbeth | 9/20/23 | 10/26/23 | -- | -- | 3/12 | -- | -- | -- | 4/9 | -- |
| Youxin Technology Ltd | F-1 | Univest Securities | 9/7/23 | 9/7/23 | -- | -- | -- | -- | 3/29 | -- | -- | -- |
| mF International Limited | F-1 | Joseph Stone | 8/22/23 | 8/22/23 | 2/27 | -- | -- | 3/21 | 3/26 | -- | -- | 4/19 |
| New Century Logistics (BVI) Limited | F-1 | Eddid Securities | 8/21/23 | 8/21/23 | -- | -- | -- | -- | -- | -- | -- | 4/15 |
| Jinxin Technology Holding Company | F-1 | EF Hutton | 8/10/23 | -- | -- | -- | -- | -- | -- | 4/2 | -- | 4/16 |
| Vittoria Limited | F-1 | Joseph Stone | 8/2/23 | 9/28/23 | -- | 3/5 | -- | -- | -- | -- | -- | -- |
| Creative Global Technology Holdings Limited | F-1 | Prime Number | 7/19/23 | 7/19/23 | -- | 3/4 | -- | 3/22 | -- | -- | 4/8 | -- |
| Flewber Global Inc. | S-1 | ThinkEquity | 7/18/23 | 9/14/23 | -- | -- | 3/15 | -- | 3/29 | -- | -- | -- |
| RanMarine Technology B.V. | F-1 | WallachBeth | 7/11/12 | 12/21/23 | 2/26 | 3/6;3/8 | -- | -- | -- | -- | -- | -- |
| Autozi Internet Technology (Global) Ltd. | F-1 | US Tiger | 7/7/23 | 8/21/23 | -- | -- | -- | 3/21 | -- | -- | -- | -- |
| Ming Shing Group Holdings Limited | F-1 | Revere Securities | 6/23/23 | 6/23/23 | -- | -- | -- | -- | 3/28 | -- | -- | -- |
| WORK Medical Technology Group LTD | F-1 | Univest Securities | 4/27/23 | 6/30/23 | -- | 3/5 | -- | 3/20 | -- | -- | -- | -- |
| Eshallgo Inc | F-1 | US Tiger | 4/27/23 | 4/27/23 | -- | -- | 3/12 | -- | -- | -- | -- | -- |
| XUHANG HOLDINGS LIMITED | F-1 | Univest Securities | 3/31/23 | 2/29/24 | 2/29 | -- | -- | -- | 3/25 | -- | -- | -- |
| Oranco, Inc. | S-1 | US Tiger | 3/20/23 | 11/27/23 | -- | -- | -- | -- | -- | -- | 4/12 | -- |
| Cortigent, Inc. | S-1 | ThinkEquity | 3/20/23 | 6/7/23 | 2/29 | -- | -- | 3/22 | -- | -- | -- | -- |
| Chi Ko Holdings Limited | F-1 | EF Hutton | 3/15/23 | 5/30/23 | -- | 3/5 | -- | -- | -- | -- | -- | -- |
| CO2 Energy Transition Corp. | S-1 | EF Hutton | 2/23/23 | 2/23/23 | -- | -- | -- | 3/22 | -- | -- | 4/9 | -- |
| Earntz Healthcare Products, Inc. | F-1 | Revere Securities | 2/15/23 | 2/15/23 | -- | -- | -- | -- | 3/25 | -- | -- | -- |
| Harden Technologies Inc. | F-1 | US Tiger | 2/14/23 | 2/14/23 | -- | -- | -- | 3/21 | -- | -- | -- | -- |
| FBS Global Limited | F-1 | Eddid Securities | 1/30/23 | 1/30/23 | -- | 3/8 | -- | 3/21 | 3/26 | -- | -- | -- |
| IMMRSIV Inc. | F-1 | Prime Number | 12/29/22 | 2/10/23 | -- | -- | -- | 3/22 | 25;27;28 | -- | -- | -- |
| Galaxy Payroll Group Limited | F-1 | R.F. Lafferty | 12/28/22 | 10/17/23 | -- | -- | -- | -- | -- | -- | 4/10 | -- |
| Scripps Safe, Inc. | S-1 | Spartan Capital | 12/8/22 | 12/8/22 | -- | -- | -- | -- | -- | -- | 4/9 | -- |
| SAG Holdings Limited | F-1 | Spartan Capital | 10/7/22 | 3/28/23 | 3/1 | -- | 3/13 | 3/21 | -- | -- | -- | -- |
| Blue-Touch Holdings Group Co., Ltd | S-1 | Univest Securities | 9/30/22 | 3/22/24 | -- | -- | -- | 3/22 | -- | -- | -- | -- |
| SolarJuice Co., Ltd. | F-1 | Maxim Group | 9/16/22 | 11/27/23 | 2/27 | -- | -- | 3/18 | -- | -- | -- | -- |
| AgiiPlus Inc. | F-1 | EF Hutton | 9/16/22 | 11/7/22 | -- | -- | -- | 3/22 | -- | -- | -- | -- |
| Gelteq Limited | F-1 | R.F. Lafferty | 8/30/22 | 8/30/22 | 2/28 | -- | -- | -- | -- | -- | -- | -- |
| Innovation Beverage Group Limited | F-1 | Benchmark | 8/19/22 | 9/13/22 | -- | 3/7 | -- | 3/18 | 3/27;3/29 | -- | -- | -- |
| Global Engine Group Holding Limited | F-1 | R.F. Lafferty | 8/16/22 | 2/7/23 | -- | -- | -- | -- | -- | 4/2 | -- | -- |
| Republic Power Group Limited | F-1 | Prime Number | 7/21/22 | 9/8/22 | -- | -- | 3/14 | -- | -- | -- | -- | -- |
| J-Star Holding Co., Ltd. | F-1 | Maxim Group | 3/21/22 | 7/13/22 | -- | 3/4 | -- | -- | -- | -- | -- | -- |
| Alopexx, Inc. | S-1 | ThinkEquity | 3/4/22 | 8/24/22 | -- | -- | 3/14 | -- | -- | -- | -- | -- |
| Hengguang Holding Co., Limited | F-1 | EF Hutton | 1/18/22 | 3/30/22 | -- | -- | -- | -- | 3/29 | -- | -- | -- |
| Turo Inc. | S-1 | Morgan Stanley | 1/10/22 | -- | -- | 3/5 | -- | -- | -- | -- | -- | -- |
| JJ Opportunity Corp. | S-1 | Maxim Group | 12/10/21 | 12/10/21 | -- | -- | -- | 3/21 | -- | -- | -- | -- |
| Flag Ship Acquisition Corporation | S-1 | Ladenburg | 11/12/21 | 11/12/21 | -- | -- | -- | 3/22 | -- | -- | -- | -- |
IPO Line-Up includes all IPO registrants that have filed to go public in the U.S., have neither gone public nor formally withdrawn their offering by filing a Form RW with the SEC, and have had filing activity in the most recent eight week period. IPO Line-Up includes all SEC registered IPOs, including REITs and those non-U.S. IPO filers seeking to list in the U.S. markets, except for 1) closed-end funds; 2) best-efforts, self-underwritten, and direct offerings; and 3) small business IPOs with an offering amount of less than $5 million. IPO Line-Up: Recent SEC IPO Filing Activity is based on information provided from the IPO Vital Signs System located at www.rbsourcefilings.com