Nine IPOs and five SPACs went public in the week of October 12, 2020, led by Eargo Inc (NASDAQ: EAR) which skyrocket 87% in its first trading day and close its first week at 87% above its IPO price. The San Jose, California-based company was founded in 2010 and booked $47 million in sales for the 12 months ended June 30, 2020.

Design-led lifestyle products retailer, Miniso Group Holding Limited (NYSE: MNSO) raised $608 million at a $6.5 billion market cap and finished  16% above its IPO price. The Guangzhou, China-based company was founded in 2013 and booked $1.3 billion in sales for the 12 months ended June 30, 2020. The five SPACs went public this past week are:

1.      Bridgetown Holdings ("new economy" sectors in Southeast Asia SPAC)

2.      Turmeric Acquisition (biotech industry SPAC)

3.      5 01 Acquisition (biotech industry SPAC)

4.      Spartacus Acquisition (TMT business SPAC)

5.      Motion Acquisition (telematics industry SPAC)

Together, all the SPACs raised a total of $1 billion.

#ipo #nasdaq #nyse #capitalmarket #hexcellence #spac #weeklyipo #recap

Hexcellence Consulting has experienced IPO consulting team focus on listing in US Stock Market,

namely NYSE, Nasdaq and OTC Markets.

Should you interested to list your company in US Stock Market,

please contact us at [email protected].