Chinese insurance distributor Yuanbao Inc. priced its U.S. initial public offering at $15 per American depositary share, the high end of its expected range. Yuanbao made its debut on the Nasdaq Exchange, where its shares briefly surged as much as 93% above the IPO price despite ongoing market volatility and trade tensions. The company is noted for integrating insurance services with advanced technology. Nasdaq officially welcomed Yuanbao to its listed companies with opening and closing bell ceremonies. In related Nasdaq activity, other companies such as Fundstrat, U.S. Global Investors, Gold House, Skycorp Solar Group Limited, and Aeluma Inc. also participated in opening or closing bell events. Additionally, Fold App announced it will ring the Nasdaq opening bell as the first publicly traded Bitcoin financial services company, marking a milestone for the cryptocurrency sector.