APAC IPOs & Placements, Aequitas Research

Clarence Chu

At Aequitas we cover all IPOs and placements across Asia-Pac with a deal size of at least US$100m. As of Dec 2020, our team had covered 539 IPOs with a hit rate of 73.5% and 685 placements with a hit rate of 66.8%.

APAC IPOs & Placements

ExaWizards IPO - AI Solutions with a Clear Direction

ExaWizards IPO Trading - Local Peers Have Traded Lower Since Bookbuild

SenseTime Group (商汤集团) IPO - Regulatory Risks + Overhang + Poor Sentiment

IPOs and Placements coverage across Asia Pacific

Aequitas Research

We cover all listing across the Asia Pacific along with follow-up placements. As of Dec 2020, our team had covered 539 IPOs with a hit rate of 73.5% and 685 placements with a hit rate of 66.8%.

We combine fundamental bottom-up views with our proprietary quantitative framework to provide a holistic coverage across new listings and placements. Our coverage includes pre-IPO notes before the deal is launched, follow-up analysis once the deal is live and post-listing trading analysis as well.

Equity Capital Markets

<ul>
<li>
<a href="https://www.smartkarma.com/entities/exawizards-inc" target="_blank" data-smartkarma-citation="entities:35212:1" rel="noopener">ExaWizards (4259 JP)</a> raised around US$300m in its Japan IPO in Dec 2021, where its IPO had been priced at the top end of its indicative price range.</li>
<li>ExaWizards is an AI service provider in Japan, it develops and delivers AI products with the aim of addressing industry and social issues.</li>
<li>While in our view, we would not expect a large block to come from this lockup expiry, we could expect some scattered selling across the shareholders.</li>
</ul>



ExaWizards (4259 JP) raised around US$300m in its Japan IPO in Dec 2021, where its IPO had been priced at the top end of its indicative price range.
ExaWizards is an AI service provider in Japan, it develops and delivers AI products with the aim of addressing industry and social issues.
While in our view, we would not expect a large block to come from this lockup expiry, we could expect some scattered selling across the shareholders.


ExaWizards IPO Lock-Up - PE/Investment Funds Coming off Lockup, Could See Some Scattered Selling