The markets sold off, but IPOs continued to get done, with four deals raising $1.5 billion. High-growth Brazilian payments company StoneCo (STNE) even priced its $1.1 billion offering above the range, and then flew up 30%. Cooler company...read more
Alberton Acquisition, a Hong Kong-based blank check company led by Ben Wang of Eon Capital, raised $100 million by offering 10 million units at $10. Each unit consists of one ordinary share, one right to receive one tenth (1/10) of an ordinary share at the...read more
Five IPOs and one SPAC are scheduled to raise $1.7 billion in the week ahead. The price cuts and postponements this past week showed that IPO buyers are in firm control. StoneCo (STNE) is aiming to raise $1.05 billion in the year's ninth...read more
Alberton Acquisition, a Hong Kong-based blank check company, filed for its IPO on Tuesday. The Hong Kong-based company plans to raise $100 million by offering 10 million units at a price of $10. Each unit will consist of one share of common stock and on...read more
US IPO Weekly Recap: Billion-dollar StoneCo IPO pops 30% despite market turmoil
The markets sold off, but IPOs continued to get done, with four deals raising $1.5 billion. High-growth Brazilian payments company StoneCo (STNE) even priced its $1.1 billion offering above the range, and then flew up 30%. Cooler company...read more
Hong Kong SPAC Alberton Acquisition prices $100 million US IPO at $10
Alberton Acquisition, a Hong Kong-based blank check company led by Ben Wang of Eon Capital, raised $100 million by offering 10 million units at $10. Each unit consists of one ordinary share, one right to receive one tenth (1/10) of an ordinary share at the...read more
US IPO Week Ahead: Yeti coolers and a billion-dollar payments company lead 5-IPO week
Five IPOs and one SPAC are scheduled to raise $1.7 billion in the week ahead. The price cuts and postponements this past week showed that IPO buyers are in firm control. StoneCo (STNE) is aiming to raise $1.05 billion in the year's ninth...read more
Hong Kong-based blank check company Alberton Acquisition files for $100 million IPO
Alberton Acquisition, a Hong Kong-based blank check company, filed for its IPO on Tuesday. The Hong Kong-based company plans to raise $100 million by offering 10 million units at a price of $10. Each unit will consist of one share of common stock and on...read more