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)
美国东部时间1002ET-在股市动荡和新股发行环境寒冷的情况下，海鲜和生物聚合物生产公司Tru Shrimp表示，将推迟原计划的首次公开募股(IPO)。这家位于明尼苏达州巴拉顿(Balaton)的公司以“不利的市场状况”为由，并补充说，它将继续评估拟议中的发行时机。包括商业软件公司Justworks、福利管理软件提供商Porttor和一大批空白支票公司在内的几家公司，已经搁置了今年的IPO计划。文艺复兴IPO ETF在过去三个月里下跌了25%以上。(colin.kellaher@wsj.com)
