7/24/08

GT Solar, an equipment provider to solar products manufacturers, priced at $16.50 earlier tonight, the midpoint of the proposed $15.50-$17.50 range. Credit Suisse and UBS Investment Bank were the joint lead managers on the deal, and shares are expected to begin trading on the NASDAQ tomorrow under the symbol "SOLR".

7/23/08

North Asia Investment Corporation, a newly formed blank check company intending to focus on businesses in South Korea and China, priced its 5 million unit IPO at $10 on Wednesday. According its prior filing, the company had anticipated an offering of 6 million units (20% more). The units began trading Thursday on the AMEX under the ticker NHR-U. Citi was the sole book runner on the deal.

7/23/08

China Mass Media International, an independent television advertising company in China, filed terms with the SEC on Wednesday. The company plans to offer 14.4 million ADS at a price range of $5.20 to $7.20, with each ADS representing 15 ordinary shares. The deal is expected to price the week of July 28th. Merrill Lynch is the lead manager on the deal.

7/21/08

Ellora Energy, an explorer and developer of onshore oil and gas properties in eastern Texas and western Louisiana, lowered the proposed share count for its upcoming IPO in a filing with the SEC on Monday. The company now plans to offer 10.3 million shares, 10% fewer than the 11.4 million proposed in its last filing. Additionally, selling stockholders now plan to receive 51% of the proceeds from the offering instead of the previously expected 30%. The proposed range remains at $17-$19 per share. Merrill Lynch and Raymond James are the lead underwriters on the deal.