Two IPOs went public in the week of August 15, 2022 led by GigaCloud Technology Inc. (NASDAQ: GCT), a wholesale marketplace operator for furniture primarily manufacturing in Asia, raised $36 million at a $493 million market cap and finished 292% above its IPO price.

Manufacturer of graphene products with development, manufacturing and marketing in China and Hong Kong, Graphex Group Limited (NASDAQ: GRFX), raised $12 million at a $79 million market cap and finished 0% above its IPO price.

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