A Look At Upcoming IPOs For The Week
Portfolio Pulse from Benzinga Insights
FITELL CORPORATION (NASDAQ:FTEL), Pixie Dust Technologies, Inc (NASDAQ:PXDT), and CHEETAH NET SUPPLY CHAIN SERVICE INC (NASDAQ:CTNT) are set to go public this week. FTEL will offer 3,000,000 shares at $5.50 per share, PXDT will offer 2,000,000 shares at $9.50 per share, and CTNT will offer 1,250,000 shares at $5.00 per share. All three companies have a 180-day insider lock-up period.

July 30, 2023 | 8:32 pm
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POSITIVE IMPACT
CHEETAH NET SUPPLY CHAIN SERVICE INC is going public with 1,250,000 shares at $5.00 per share.
The IPO of CHEETAH NET SUPPLY CHAIN SERVICE INC could potentially increase the company's capital and visibility in the market. However, the 180-day insider lock-up period could limit the stock's liquidity in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100
POSITIVE IMPACT
FITELL CORPORATION is going public with 3,000,000 shares at $5.50 per share.
The IPO of FITELL CORPORATION could potentially increase the company's capital and visibility in the market. However, the 180-day insider lock-up period could limit the stock's liquidity in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100
POSITIVE IMPACT
Pixie Dust Technologies, Inc is going public with 2,000,000 shares at $9.50 per share.
The IPO of Pixie Dust Technologies, Inc could potentially increase the company's capital and visibility in the market. However, the 180-day insider lock-up period could limit the stock's liquidity in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100