Articles by Michael Okonkwo
Sivers Semiconductors Faces Tight Timeline for Nasdaq Listing and Share Vote
Sivers Semiconductors faces a May 11 vote on a 125 million crown share issue and a delayed annual report as it pursues a Nasdaq New York dual listing.
Pershing Square IPO Package Returns to Profit After Volatile Start
Pershing Square Inc. shares rose to $37.99, lifting the combined IPO package above the $50 offer price after a volatile NYSE debut.
UTime Seeks to Withdraw Resale Registration, Shares Surge
UTime Limited (WTO) shares rose 8.36% after the company asked the SEC to withdraw a resale registration statement that was never declared effective.
Rare Earths Americas IPO Targets $368M Valuation Amid China Supply Concerns
Rare Earths Americas began its U.S. IPO roadshow, aiming for a valuation up to $368.4 million and planning to raise as much as $52.8 million by selling shares at $17–$19 each.
Brazil's IPO Market Eyes Revival with Cosan's $5.1B Compass Listing
Cosan SA is moving forward with a secondary offering of Compass Gás e Energia shares, targeting up to R$5.1 billion to reduce debt, potentially reviving Brazil's IPO market.
Oruka Therapeutics Soars on Psoriasis Drug Data, Announces $500M Offering
Oruka Therapeutics shares surged after interim data showed its psoriasis drug ORKA-001 achieved 63.5% complete skin clearance. The company also announced a $500M public offering.
Sagimet Biosciences Soars After $175M Stock Sale to Fund Acne Drug Trial
Sagimet Biosciences shares surged 38% after announcing a $175 million stock offering to fund a Phase 3 acne trial for denifanstat, with proceeds expected to support dermatology programs through 2028.
Rocket Lab Shares Dip as SpaceX IPO Buzz and Earnings Loom
Rocket Lab shares slipped 2.3% as investors await Q1 earnings due May 7, with SpaceX's IPO intensifying scrutiny of space-sector valuations.
SpaceX IPO: Starlink and Starship at Forefront as $1.75 Trillion Valuation Looms
SpaceX's confidential IPO filing targets a $1.75 trillion valuation, with Starlink's cash generation and Starship's advancements key to investor appeal.
Horizon Quantum Faces Supply Test After 53M-Share Resale Filing
Horizon Quantum Holdings filed to register the resale of nearly 53 million shares, representing 91.9% of outstanding stock, just weeks after its Nasdaq debut.
Xanadu Stock Surges 7% on 294M Share Resale Filing
Xanadu Quantum Technologies shares climbed 7.28% to $30.95 following a registration statement for up to 293.7 million Class B shares. The filing does not represent new capital for the company.
Sivers Semiconductors Delays Annual Report Amid Nasdaq NY Listing Review
Sivers Semiconductors (SIVS) pushes its 2025 annual report to May 15 due to audit work for a possible Nasdaq NY dual listing; shares closed up 12.7% on Friday.