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Atomo Diagnostics IPO massively oversubscribed, page-5

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countthemoney

195 Posts.

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05/03/20

19:18

Post #: 43329017
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Originally posted by Lefevre: ↑

Looks like the IPO market is full steam ahead.

Atomo is raising $30 mil and is massively oversubscribed with scalebacks to 25% of bids.

Prospectus was out yesterday. Listing 16th April.

As a side note the Microba ipo is also full steam ahead and they are also raising $30 mil and are also massively oversubscribed and the prospectus isn't even out yet.

Punters are scrambling for new stock in a starved IPO market. Can't get a return on money in the bank so it has to go somewhere.

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Some very big names on board with this one.

Lang Walker-backed Atomo presses ahead with IPO, lodges prospectushttps://www.copyright link/street-talk/lang-walker-backed-atomo-presses-ahead-with-ipo-lodges-prospectus-20200305-p5472b
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