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05/03/20
19:18
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Originally posted by Lefevre:
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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