IPO Previews For The Week
Portfolio Pulse from Benzinga Insights
Shimmick Corporation (NASDAQ:SHIM) and Pineapple Financial Inc (NASDAQ:PAPL) are set to go public this week. SHIM has a price range of $10.00-$12.00 and will offer 4,550,000 shares at $11.00 each. PAPL's price band is $4.00-$6.00 and will offer 875,000 shares at $5.00 each. Both companies have a 180-day lockup period.
October 29, 2023 | 7:48 pm
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POSITIVE IMPACT
Pineapple Financial Inc is going public with a price band of $4.00-$6.00 per share. The company will offer 875,000 shares at $5.00 each.
The IPO of Pineapple Financial Inc is a significant event that could potentially attract a lot of investors. The price band is set and the company is offering a substantial number of shares, which indicates a positive short-term impact on the stock.
CONFIDENCE 100
IMPORTANCE 100
RELEVANCE 100
POSITIVE IMPACT
Shimmick Corporation is going public with a price range of $10.00-$12.00 per share. The company will offer 4,550,000 shares at $11.00 each.
The IPO of Shimmick Corporation is a significant event that could potentially attract a lot of investors. The price range is set and the company is offering a substantial number of shares, which indicates a positive short-term impact on the stock.
CONFIDENCE 100
IMPORTANCE 100
RELEVANCE 100