Enter the Year of registration:<\/strong> 1999<\/p>\n\n\n\n Registered in:<\/strong> Cayman Islands<\/p>\n\n\n\n Headquarters:<\/strong> Hong Kong<\/p>\n\n\n\n Sector:<\/strong> consumer protection<\/p>\n\n\n\n Date of IPO:<\/strong> 19.10.2023<\/p>\n\n\n\n Exchange:<\/strong> NYSE<\/p>\n\n\n\n Ticker:<\/strong> GDD<\/p>\n\n\n\n Healthy Green Group Holding is engaged in the sale of natural food products through its retail chain in residential areas in Hong Kong. The company also accepts online orders.<\/p>\n\n\n\n Investments raised (as at 30.06.2022): 1.4 million USD<\/p>\n\n\n\n The main investors are WKW Investment Limited and CFT Investment Holding Limited.<\/p>\n\n\n\n According to a report by ReportLinker, the food products market in Hong Kong, where Healthy Green Group operates, was valued at 18.3 billion USD in 2020. The compound annual growth rate from 2016 to 2020 inclusive was 1.1%.<\/p>\n\n\n\n Revenue for 2022: 20.73 million USD, 1.2%<\/p>\n\n\n\n Net profit for 2022: 0.7 million USD<\/p>\n\n\n\n Net cash flow (as at 30.06.2023): −0.82 million USD<\/p>\n\n\n\n Cash and cash equivalents (as at 30.06.2022): 0.23 million USD<\/p>\n\n\n\n Liabilities (as at 31.12.2022): 12.6 million USD<\/p>\n\n\n\n Strengths:<\/p>\n\n\n\n Weaknesses:<\/p>\n\n\n\n Underwriter: EF Hutton, division of Benchmark Investments, LLC<\/p>\n\n\n\n Volume of IPO offering: 2.0 million ordinary shares<\/p>\n\n\n\n Average price: 6.5 USD<\/p>\n\n\n\n Gross proceeds: 13 million USD<\/p>\n\n\n\n Expected amount of capitalisation at the time of the IPO: 73.9 million USD<\/p>\n\n\n\n Potential P\/S: 3.56<\/p>\n\n\n\n Average P\/S value in the industry: 0.40<\/p>\n\n\n\n Year of registration:<\/strong> 1994<\/p>\n\n\n\n Registered in:<\/strong> Australia<\/p>\n\n\n\n Headquarters:<\/strong> Sydney<\/p>\n\n\n\n Sector:<\/strong> healthcare<\/p>\n\n\n\n Date of IPO:<\/strong> 05.10.2023<\/p>\n\n\n\n Exchange:<\/strong> NASDAQ<\/p>\n\n\n\n Ticker:<\/strong> CDEX<\/p>\n\n\n\n CardieX Ltd develops medical devices for monitoring and treatment of various diseases such as hypertension, cardiovascular diseases, etc. The company’s product line includes devices for monitoring all basic human health parameters.<\/p>\n\n\n\n Investments raised (as at 30.06.2022): 1.55 million USD<\/p>\n\n\n\n The main investor is C2 Ventures Pty Limited.<\/p>\n\n\n\n According to a report by Grand View Research, the global market of digital medical devices, where CardieX operates, was valued at 107.86 billion USD in 2022 and could reach 667.8 billion USD by 2030. The compound annual growth rate from 2023 to 2030 inclusive will be 25.6%.<\/p>\n\n\n\n Revenue for 2022 (as at 30.06.2022): 2.95 million USD, 21%<\/p>\n\n\n\n Net profit for 2022: 8.7 million USD<\/p>\n\n\n\n Net cash flow (as at 30.06.2023): −4.62 million USD<\/p>\n\n\n\n Cash and cash equivalents (as at 31.12.2022): 1.68 million USD<\/p>\n\n\n\n Liabilities (as at 31.12.2022): 6.53 million USD<\/p>\n\n\n\n Strengths:<\/p>\n\n\n\n Weaknesses:<\/p>\n\n\n\n Underwriter: Roth Capital Partners, LLC<\/p>\n\n\n\n Volume of IPO offering: 1.33 million ADS<\/p>\n\n\n\n Average price: 7.4 USD<\/p>\n\n\n\n Gross proceeds: 9.84 million USD<\/p>\n\n\n\n Expected amount of capitalisation at the time of the IPO: 73.9 million USD<\/p>\n\n\n\n Potential P\/S: 6.8<\/p>\n\n\n\n Average P\/S value in the industry: 3.7<\/p>\n\n\n\n WeBuy Global Ltd., Healthy Green Group Holding, and CardieX Ltd. intend to go public in October. Their IPOs are expected to be the largest placements this month in terms of anticipated market capitalisation. The first one of these companies operates in the technology sector, the second one is associated with the consumer protection sector and the third one is involved in the healthcare industry.<\/p>\n\n\n\n![\"partner-programme\"](\"https:\/\/www.robomarkets.com.cy\/blog\/wp-content\/uploads\/2023\/09\/rst-mobile.png\")
\n <\/div>\n Try Now<\/a>\n <\/div>\n ![\"partner-programme\"](\"https:\/\/www.robomarkets.com.cy\/blog\/wp-content\/uploads\/2023\/09\/rst-desktop.png\")
\n <\/div>\n <\/div>\n\n\n\n<\/span><\/a>2. IPO of Healthy Green Group Holding – 73.9 million USD<\/span><\/h2>\n\n\n\n
![\"Organisational](\"https:\/\/www.robomarkets.com.cy\/blog\/wp-content\/uploads\/2023\/10\/3-gdd.png\")
<\/figure>\n\n\n\n<\/span><\/a>Healthy Green Group market assessment<\/span><\/h3>\n\n\n\n
<\/span><\/a>Financial performance of Healthy Green Group<\/span><\/h3>\n\n\n\n
![\"Financial](\"https:\/\/www.robomarkets.com.cy\/blog\/wp-content\/uploads\/2023\/10\/4-gdd.png\")
<\/figure>\n\n\n\n<\/span><\/a>Strengths and weaknesses of Healthy Green Group<\/span><\/h3>\n\n\n\n
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<\/span><\/a>Details of the Healthy Green Group IPO<\/span><\/h3>\n\n\n\n
![\"partner-programme\"](\"https:\/\/www.robomarkets.com.cy\/blog\/wp-content\/uploads\/2023\/09\/prime1-mobile.png\")
\n <\/div>\n Open a Prime Account<\/a>\n <\/div>\n ![\"partner-programme\"](\"https:\/\/www.robomarkets.com.cy\/blog\/wp-content\/uploads\/2023\/09\/prime1-desktop.png\")
\n <\/div>\n <\/div>\n\n\n\n<\/span><\/a>3. CardieX Ltd – 73.9 million USD<\/span><\/h2>\n\n\n\n
![\"SphygmoCor](\"https:\/\/www.robomarkets.com.cy\/blog\/wp-content\/uploads\/2023\/10\/5-cdex.jpg\")
<\/figure>\n\n\n\n<\/span><\/a>CardieX market assessment<\/span><\/h3>\n\n\n\n
<\/span><\/a>Financial performance of CardieX<\/span><\/h3>\n\n\n\n
![\"Financial](\"https:\/\/www.robomarkets.com.cy\/blog\/wp-content\/uploads\/2023\/10\/6-cdex.png\")
<\/figure>\n\n\n\n<\/span><\/a>Strengths and weaknesses of CardieX<\/span><\/h3>\n\n\n\n
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<\/span><\/a>Details of the CardieX IPO<\/span><\/h3>\n\n\n\n
<\/span><\/a>Summary<\/span><\/h2>\n\n\n\n
Year of registration:<\/strong> 2019<\/p>\n\n\n\n Registered in:<\/strong> Cayman Islands<\/p>\n\n\n\n Headquarters:<\/strong> Singapore<\/p>\n\n\n\n Sector:<\/strong> technology<\/p>\n\n\n\n Date of IPO<\/a>:<\/strong> 06.10.2023<\/p>\n\n\n\n Exchange:<\/strong> NASDAQ<\/p>\n\n\n\n Ticker:<\/strong> WBUY<\/p>\n\n\n\n WeBuy Global Ltd. has developed an online platform for joint shopping, where members of messenger communities collaborate for joint or shared purchases.<\/p>\n\n\n\n Investments raised (as at 31.12.2022) amount to 16 million USD.<\/p>\n\n\n\n The main investors are Wavemaker Pacific 3, L.P., Rocket Internet Capital Partners ii Scs, TLCW VENTURES PTE. LTD, GBUY GLOBAL LTD, and TLCW VENTURES PTE. LTD.<\/p>\n\n\n\n According to a report by Statista, the social e-commerce market in Southeast Asia, where WeBuy Global operates, was valued at 20 billion USD in 2022 and is projected to reach 34.5 billion USD by 2026. The compound annual projected growth rate from 2023 to 2026 inclusive is 20%.<\/p>\n\n\n\n Revenue for 2022: 44.56 million USD, +99.9%<\/p>\n\n\n\n Net loss for 2022: 6.7 million USD<\/p>\n\n\n\n Net cash flow (as at 31.03.2023): −4.1 million USD<\/p>\n\n\n\n Cash and cash equivalents (as at 31.12.2022): 1.6 million USD<\/p>\n\n\n\n Liabilities (as at 31.12.2022): 10.8 million USD<\/p>\n\n\n\n Strengths:<\/p>\n\n\n\n Weaknesses:<\/p>\n\n\n\n Underwriter: EF Hutton, division of Benchmark Investments, LLC<\/p>\n\n\n\n Volume of IPO offering: 3.5 million ordinary shares<\/a><\/p>\n\n\n\n Average price: 4.25 USD<\/p>\n\n\n\n Gross proceeds: 14.87 million USD<\/p>\n\n\n\n Expected amount of capitalisation at the time of the IPO: 218.92 million USD<\/p>\n\n\n\n Potential P\/S<\/a>: 4.91<\/p>\n\n\n\n Average P\/S value in the industry: 1.63<\/p>\n\n\n\n![\"Organisational](\"https:\/\/www.robomarkets.com.cy\/blog\/wp-content\/uploads\/2023\/10\/1-wbuy.png\")
<\/figure>\n\n\n\n<\/span><\/a>WeBuy Global market assessment<\/span><\/h3>\n\n\n\n
<\/span><\/a>Financial performance of WeBuy Global<\/span><\/h3>\n\n\n\n
![\"Financial](\"https:\/\/www.robomarkets.com.cy\/blog\/wp-content\/uploads\/2023\/10\/2-wbuy.png\")
<\/figure>\n\n\n\n<\/span><\/a>Strengths and weaknesses of WeBuy Global<\/span><\/h3>\n\n\n\n
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<\/span><\/a>Details of the WeBuy Global IPO<\/span><\/h3>\n\n\n\n