The Latest Breaking News from IPO

SVB Leerink is initiating coverage of HilleVax Inc (NASDAQ:HLVX) shares with an Outperform rating and a $30 price target.  The analyst believes the company’s potentially first-in-class infant norovirus vaccine HIL214 represents a uniquely de-risked opportunity.  It estimates $625 million in risk-adjusted infant HIL214 sales in 2030E ($1 billion unadjusted).  The outlook is supported by…

Key Takeaways: Boan Biotechnology sells only one product so far and is facing stiff competition from other similar drugs Luye Pharma bought Boan in 2020 and is taking it public at a time when markets are bearish By Molly Wen

In a bizarre incident, an Indian startup Trekkingtoes.com says that the investment banker for its initial public offering (IPO) ran away with the proceeds of the issue.

Abu Dhabi-headquartered petrochemicals firm Borouge said on Monday it has set the offer price for its initial public offering (IPO), which shows it could raise about $2 billion in the deal, and secured seven cornerstone investors. The Abu Dhabi National Oil Company and Borealis' joint venture set the IPO price…

Key Takeaways:  Variety show producer Star CM has filed for a Hong Kong IPO, seeking funds to revive its fading fortunes Revenue from the company’s flagship “Sing! China” dropped from 1.14 billion yuan during its heyday in 2015 to just 252 million yuan last year.

Delivering on a promise is a tough proposition, and to consistently deliver requires excellence on all fronts.

Key Takeaways: Yan Palace has filed for a Shanghai IPO that would make it the first listed maker of health food products based on traditional bird nests

Abu Dhabi National Oil Company (ADNOC) and its Austrian chemicals partner Borealis plan an initial public offering of their petrochemicals joint venture Borouge, the latest step in the Abu Dhabi state energy group’s asset monetization program. Borouge, which is a specialty plastics firm that produces polyolefin, said on Wednesday it…

Meta Platforms Inc (NASDAQ: FB) made a high-profile Wall Street debut on May 18, 2012, when it was called Facebook. The initial public offering of 421.234 million shares was priced at $38 apiece, valuing the company at a whopping $104.12 billion.

Visionary Education Technology Holdings Group Inc (NASDAQ:VEDU) opened up its shares for public trading for the first time since it filed for IPO in March 2022. The company agreed to initially offer 4.25 million shares to the public at a $4.00 per share.

Each day, Benzinga takes a look back at a notable market-related moment that occurred on this date. What Happened? On May 18, 2012, Facebook, Inc. (NASDAQ: FB) held its highly anticipated IPO.