S-Evergreen Holding Llc IPOs Tomorrow, Here's What You Need To Know
Portfolio Pulse from Benzinga Insights
S-Evergreen Holding LLC (NYSE:SVV) is set to IPO on June 29 on the NYSE exchange under the ticker SVV. The company is offering shares at an expected price between $15.00 and $17.00 per share with an insider lock-up period of 180 days ending on December 26, 2023. S-Evergreen is the largest for-profit thrift operator in the United States and Canada.
June 28, 2023 | 3:00 pm
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POSITIVE IMPACT
S-Evergreen Holding LLC's IPO could potentially attract investors due to its position as the largest for-profit thrift operator in the US and Canada. The insider lock-up period of 180 days may also influence the stock's short-term performance.
The IPO of a company is a significant event that can attract a lot of investor attention. Given S-Evergreen's status as the largest for-profit thrift operator in the US and Canada, it could potentially attract a significant number of investors. The insider lock-up period of 180 days could also influence the stock's performance in the short term as insiders are not allowed to sell their shares during this period, which could create a supply constraint and potentially drive up the price.
CONFIDENCE 85
IMPORTANCE 80
RELEVANCE 100