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UPCOMING IPO

HengHong Technology Inc. (HCPC)

This company has not started trading yet. The live 5-factor QL signal switches on automatically on its first session.

The offering

Ticker
HCPC
Exchange
XNAS
Expected listing
To be announced
Expected price range
$6–$7
Deal size
$35M
gross proceeds
Shares offered
5,000,000
Shares outstanding
25,000,000
after the offering
Implied market cap
$163M
at the midpoint of the filed range
Public float
20.0%
of shares outstanding
Share class
Ordinary Shares

Deal terms come from the public IPO calendar and change up to pricing — an expected date reads “to be announced” until the underwriters set it, and a range is not a final price. Implied market cap and float are arithmetic on those disclosed terms. Nothing on this page is a forecast or a recommendation.

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