Business

Stock Market Buzz: Upcoming IPOs to Watch This Week

As a new week kicks off, the stock market is abuzz with anticipation for the upcoming initial public offerings (IPOs) set to hit the market. According to insights from Benzinga Pro, several companies are gearing up to go public this week, presenting potential investment opportunities for interested traders.

Here’s a rundown of some of the companies scheduled to debut on the stock exchange:

  • Loar Holdings Inc (LOAR): LOAR is slated to start trading publicly on April 26, 2024. The company will be offering 11,000,000 shares at a price range of $24.00 to $26.00 per share, with an insider lock-up period of 180 days.
  • Key Mining Corp (KMCM): KMCM is set to go public on April 25, 2024, offering 4,444,000 shares at $2.25 per share. The insider lock-up period for KMCM is also 180 days.
  • RUBRIK, INC (RBRK): RBRK will commence trading on April 25, 2024, with a price band of $28.00 to $31.00 per share. The company plans to offer 23,000,000 shares at a per-share value of $29.50, with an insider lock-up period of 180 days.
  • Marex Group plc (MRX): MRX is scheduled to start trading publicly on April 25, 2024. The company will be offering 15,385,000 shares at a price range of $18.00 to $21.00 per share, with an insider lock-up period of 180 days.
  • RanMarine Technology B.V. (RAN): RAN will debut on April 23, 2024, offering 1,435,000 shares at a per-share value of $5.50. The insider lock-up period for RAN is 180 days.
  • YY Group Holding Limited (YYGH): YYGH will go public on April 22, 2024, with a price band of $4.00 to $5.00 per share. The company intends to offer 1,125,000 shares at $4.00 per share, with an insider lock-up period of 180 days.
  • mF INTERNATIONAL LIMITED (MFI): MFI is also set to start trading publicly on April 22, 2024. The price band for MFI is between $4.00 and $x.xx per share.

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