IPO Previews For The Week
Portfolio Pulse from Benzinga Insights
Four companies are set to go public this week. Hamilton Insurance Group, Ltd (NYSE:HG) will offer 15,000,000 shares at $17.00 per share. Elate Group, Inc. (NASDAQ:ELGP) will offer 1,250,000 shares at $4.00 per share. Globavend Holdings Limited (NASDAQ:GVH) will offer 1,875,000 shares at $4.50 per share. Trident Digital Tech Holdings Ltd (NASDAQ:TDTH) will offer 1,875,000 shares at $9.00 per share. All companies have a 180-day insider lock-up period.
November 05, 2023 | 10:39 pm
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POSITIVE IMPACT
Elate Group is offering 1,250,000 shares at $4.00 per share with a 180-day insider lock-up period.
The IPO could lead to an increase in the company's stock price due to the potential influx of capital. However, the 180-day lock-up period could limit immediate selling pressure.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100
POSITIVE IMPACT
Globavend Holdings is offering 1,875,000 shares at $4.50 per share with a 180-day insider lock-up period.
The IPO could lead to an increase in the company's stock price due to the potential influx of capital. However, the 180-day lock-up period could limit immediate selling pressure.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100
POSITIVE IMPACT
Hamilton Insurance Group is offering 15,000,000 shares at $17.00 per share with a 180-day insider lock-up period.
The IPO could lead to an increase in the company's stock price due to the potential influx of capital. However, the 180-day lock-up period could limit immediate selling pressure.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100
POSITIVE IMPACT
Trident Digital Tech Holdings is offering 1,875,000 shares at $9.00 per share with a 180-day insider lock-up period.
The IPO could lead to an increase in the company's stock price due to the potential influx of capital. However, the 180-day lock-up period could limit immediate selling pressure.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100