U.S. IPO Weekly Recap: 2 APAC Microcaps Go Public In Short Labor Day Week As The Pipeline Grows

mapo Two small IPOs and two SPACs debuted this past week. Eight IPOs submitted initial filings. Chinese cancer radiotherapy treatment planning systems provider Pheton Holdings (PTHL) priced its US IPO at the low end to raise $9 million at a$57 million market cap. Through its Chinese operating entity, Pheton sells brachytherapy treatment planning systems (TPS) designed to kill cancer cells and shrink tumors. Its lead product, Feitian Treatment Planning Software (FTTPS) includes TPS made to treat a wide vari ...