Unsettled Markets Scuttle Tru Shrimp IPO -- Market Talk
Unsettled Markets Scuttle Tru Shrimp IPO -- Market Talk
1002 ET - Amid gyrating equity markets and a chilly environment for new issues, seafood and biopolymer production company Tru Shrimp says it's postponing its planned initial public offering. The Balaton, Minn., company cites "adverse market conditions," adding it will continue to evaluate the timing for the proposed offering. Several firms, including business software company Justworks, benefits-management-software provider Trajector and a raft of blank-check companies, have already shelved IPO plans this year. The Renaissance IPO ETF is down more than 25% over the last three months. (colin.kellaher@wsj.com)
美國東部時間1002ET-在股市動盪和新股發行環境寒冷的情況下，海鮮和生物聚合物生產公司Tru Shrimp表示，將推遲原計劃的首次公開募股(IPO)。這家位於明尼蘇達州巴拉頓(Balaton)的公司以“不利的市場狀況”為由，並補充説，它將繼續評估擬議中的發行時機。包括商業軟件公司Justworks、福利管理軟件提供商Porttor和一大批空白支票公司在內的幾家公司，已經擱置了今年的IPO計劃。文藝復興IPO ETF在過去三個月裏下跌了25%以上。(colin.kellaher@wsj.com)
