2025 IPO Pricing and Performance

IPO - Pricing (9)
EF Hutton

Date	Company Name	Sector	Price ($)	Size (M)	1	2	Turnover	Gain
						UnderWriters*
Nov 26	Wing Yip Food H	Consumer Non-Durables	4	2	DWSN	EF	39.3%	6%
Nov 7	Aduro Clean Tec	Basic Industries	4.3	0		EF	27.5%	0%
Oct 23	Li Bang Interna	Basic Industries	4	1		EF	105.1%	2.5%
Oct 22	HUHUTECH Intern	Basic Industries	4	1		EF	148.9%	2.8%
Sep 16	Kairos Pharma,	Health Care	4	1	BOTD	EF	33.1%	-35%
May 14	Armlogi Holding	Transportation	5	1	EF		82.7%	-7.6%
Apr 2	Zhibao Technolo	Finance	4	1	EF		50.3%	-7.5%
Mar 28	U-BX Technology	Technology	5	2	EF		85.2%	-18%
Jan 26	Haoxi Health Te	Basic Industries	4	2	EF		131.7%	32%

* Lead manager or one of top three managers in an underwriting team.