Three IPOs and two SPACs debuted this week, while the pipeline got a boost from a flurry of initial filings. Oncology biotech CARGO Therapeutics (CRGX) priced at the bottom of the range to raise $281 million at a $611 million market cap. The...read more
AI Transportation Acquisition, a blank check company targeting the AI transportation industry, raised $60 million by offering 6 million units at $10. The company offered 1 million more units than anticipated. Each unit consists of one share of common stock and...read more
Two small issuers began trading this past week, one of which is eligible for inclusion in our IPO stats, joined by one blank check IPO. Three small IPOs and one SPAC submitted initial filings. Though there were no large launches or pricings, three issuers on...read more
AI Transportation Acquisition, a blank check company targeting the AI transportation industry, filed on Wednesday with the SEC to raise up to $50 million in an initial public offering. The New York, NY-based company plans to raise $50 million by offering 5...read more
US IPO Weekly Recap: Reinsurance and CAR T therapies lead a 3 IPO week
Three IPOs and two SPACs debuted this week, while the pipeline got a boost from a flurry of initial filings. Oncology biotech CARGO Therapeutics (CRGX) priced at the bottom of the range to raise $281 million at a $611 million market cap. The...read more
SPAC AI Transportation Acquisition prices upsized $60 million IPO, targeting intelligent transportation
AI Transportation Acquisition, a blank check company targeting the AI transportation industry, raised $60 million by offering 6 million units at $10. The company offered 1 million more units than anticipated. Each unit consists of one share of common stock and...read more
US IPO Weekly Recap: Two small deals begin trading as big IPOs wait in the wings
Two small issuers began trading this past week, one of which is eligible for inclusion in our IPO stats, joined by one blank check IPO. Three small IPOs and one SPAC submitted initial filings. Though there were no large launches or pricings, three issuers on...read more
SPAC AI Transportation Acquisition files for a $50 million IPO, targeting intelligent transportation
AI Transportation Acquisition, a blank check company targeting the AI transportation industry, filed on Wednesday with the SEC to raise up to $50 million in an initial public offering. The New York, NY-based company plans to raise $50 million by offering 5...read more