A Look At Upcoming IPOs For The Week
Portfolio Pulse from Benzinga Insights
The RoyaLand Company Ltd. (RLND) and INNO HOLDINGS INC (INHD) are set to go public this week with their IPOs on NASDAQ. RLND's IPO is scheduled for Dec. 13, 2023, with a price range of $5.00 to $6.00 and an offering of 1,250,000 shares at $5.50 each. INHD's IPO will occur on Dec. 12, 2023, with a price range of $4.00 to $5.00 and an offering of 2,500,000 shares at $4.00 each. Both companies have a 180-day insider lock-up period.
December 10, 2023 | 8:50 pm
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INNO HOLDINGS INC is set to go public on Dec. 12, 2023, with an offering price of $4.00 and a range of $4.00 to $5.00.
INHD's IPO is a pivotal moment for the company, and the set price range reflects the anticipated market demand. The insider lock-up period is standard and indicates a commitment from insiders to the company's future success.
CONFIDENCE 80
IMPORTANCE 90
RELEVANCE 100
POSITIVE IMPACT
The RoyaLand Company Ltd. is expected to have its IPO on Dec. 13, 2023, with shares priced at $5.50 within a $5.00 to $6.00 range.
The IPO of RLND is a significant event for the company, marking its transition to a publicly-traded entity. The offering price and range indicate investor interest and the potential for initial trading volatility. The insider lock-up period suggests confidence from insiders in the company's prospects.
CONFIDENCE 80
IMPORTANCE 90
RELEVANCE 100