You’re probably thinking that Airbnb (NASDAQ: ABNB) and DoorDash (NYSE: DASH) are the top IPOs.
These stocks have certainly captured the headlines . . .
Yet three less well-known initial public offerings quietly jumped 162% . . . 257% . . . and even 377% in December.
So, what are the top IPOs in December?
C3.ai is an enterprise artificial intelligence software provider. The company offers tech solutions that can easily be deployed to cloud computing platforms.
This IPO raised $651 million from investors. And the IPO price valued the company at $5.5 billion.
Shares of AI jumped 162% following its Dec. 9 IPO.
Seer is a healthcare company that creates products for biomedical research. The company was founded by a Harvard professor who has founded other biotech companies.
The IPO raised $175 million for Seer at a $1.3 billion market value.
Shares of SEER jumped 197% in the first day of trading. Shares have continued to climb and now trade 257% above the $19 IPO price.
Wunong is an online food retailer in China that’s expanding into the restaurant business. The company is essentially in startup mode – generating just $8 million in sales last year. However, that was an impressive 613% increase from 2018.
The company went public with a valuation of just $125 million. And the IPO raised $30 million in capital for the growing business.
Shares of Wunong soared when the company launched its IPO on Dec. 15. The IPO price was just $5. Shares jumped 141% on the first day of trading and are now up 478%, making it one of the top IPOs for the month.
The FINAL IPO for 2020: The Next EV Battery Stock
With the holidays approaching – the market for initial public offerings is slowing down.
However, one final company plans to go public before 2021.
It’s a little-known electric vehicle battery company. Unlike Tesla Motors (NASDAQ: TSLA) or Nio (NYSE: NIO), this company doesn’t make cars. Instead, it makes batteries and software for electric vehicles.
Here’s why I’m excited about the stock:
- Partnership with a top auto supplier with +$10 billion in sales
- New contract to supply over $210 million of batteries for commercial vehicles
- Negotiating contracts worth over $2.4 billion
The company is making next-generation lithium-ion batteries. And they could be used by automakers around the world . . . and also used to power buses, trucks and other commercial vehicles.
A former top battery engineer at Tesla and SpaceX is leading the product development. Plus, a team of 50+ engineers aim to create the best EV battery ever.
Wall Street is now lining up to invest $370 million in a Pre-IPO financing.
This EV company plans its IPO before Dec. 31.
That’s why I’m hosting an urgent briefing. It could be your final chance to access this final IPO for 2020.
Yours in Wealth,