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Monday, August 22, 2022 12:54:38 PM
After going public on July 15 at a price of $7.80, $HKD reached a high of $2,555.30. However, it had a severe accident on August 1.
$MEGL experienced a run from its IPO price of $4 to $249.94 after $HKD. Since then, it has decreased to $13.
On Friday, $GCT, which had an IPO price of $12.25 on August 18, ended at $48.01 and appeared to be the play.
You may be thinking, "What else?"
Regencell Bioscience ($RGC) might be a stock to keep an eye on. According to stockanalysis.com/ipos/2021/, $RGC is the best-performing stock among all IPOs in 2021. RGC was ranked first up until August 1, 2022, with a return of 237% above its IPO price of $9.50.
$RGC fits the current trend by having a low float and being situated in Hong Kong. According to a June 2022 report, $RGC has approximately 19 million shares totaled in cumulative short volume. $RGC has performed well despite the attacks from short sellers that have plagued the company since its launch. Due to the founder and CEO's recurrent purchases of RGC common shares on the open market, $RGC has a low float and around 2.6 million marketable ordinary shares.
$RGC is closely owned by its CEO, who owns more than 81% of the business, as was already mentioned. Since $RGC's IPO, he has spent $5.9 million of his own money to buy company shares on the open market.
The corporation has avoided being taken advantage of by short sellers and hedge fund managers who have been buying large amounts of stock, with the CEO being the exception. Just over 2.6 million of the company's shares are now traded on the market.
Recent RGC News
- Form 6-K - Report of foreign issuer [Rules 13a-16 and 15d-16] • Edgar (US Regulatory) • 06/20/2024 01:13:05 PM
- Form 6-K - Report of foreign issuer [Rules 13a-16 and 15d-16] • Edgar (US Regulatory) • 01/02/2024 11:04:03 AM
- Form 6-K - Report of foreign issuer [Rules 13a-16 and 15d-16] • Edgar (US Regulatory) • 12/15/2023 11:09:52 AM
- Form 20-F - Annual and transition report of foreign private issuers [Sections 13 or 15(d)] • Edgar (US Regulatory) • 10/27/2023 08:15:39 PM
Glidelogic Corp. Becomes TikTok Shop Partner, Opening a New Chapter in E-commerce Services • GDLG • Jul 5, 2024 7:09 AM
Freedom Holdings Corporate Update; Announces Management Has Signed Letter of Intent • FHLD • Jul 3, 2024 9:00 AM
EWRC's 21 Moves Gaming Studios Moves to SONY Pictures Studios and Green Lights Development of a Third Upcoming Game • EWRC • Jul 2, 2024 8:00 AM
BNCM and DELEX Healthcare Group Announce Strategic Merger to Drive Expansion and Growth • BNCM • Jul 2, 2024 7:19 AM
NUBURU Announces Upcoming TV Interview Featuring CEO Brian Knaley on Fox Business, Bloomberg TV, and Newsmax TV as Sponsored Programming • BURU • Jul 1, 2024 1:57 PM
Mass Megawatts Announces $220,500 Debt Cancellation Agreement to Improve Financing and Sales of a New Product to be Announced on July 11 • MMMW • Jun 28, 2024 7:30 AM