The quiet buzz of electric vehicles is growing louder as more EV makers choose to go public by merging with a SPAC. While several large Chinese EV companies have completed IPOs in recent years (NIO, LI, XPEV), the last major US EV maker to IPO was...read more
Five IPOs and three SPACs raised a combined $3.2 billion this past week led by Bill.com (BILL) in the best debut of the quarter with a 61% first day pop. Four companies submitted initial filings. The week’s best performer,...read more
CIIG Merger, a blank check company formed by industry veterans to acquire a technology, media, or telecom company, raised $225 million by offering 22.5 million units at $10 to command a market value of $281 million. Each unit consists of one share of common...read more
The IPO market had a quiet holiday week with just one SPAC going public. A micro-cap restaurant chain and two SPACs submitted initial filings. In other IPO news, the Renaissance IPO Index (IPOUSA) ...read more
The road less traveled: 14 auto-tech plays going public via SPAC
The quiet buzz of electric vehicles is growing louder as more EV makers choose to go public by merging with a SPAC. While several large Chinese EV companies have completed IPOs in recent years (NIO, LI, XPEV), the last major US EV maker to IPO was...read more
US IPO Weekly Recap: Investors foot the bill as Bill.com climbs 77%
Five IPOs and three SPACs raised a combined $3.2 billion this past week led by Bill.com (BILL) in the best debut of the quarter with a 61% first day pop. Four companies submitted initial filings. The week’s best performer,...read more
TMT-focused SPAC CIIG Merger prices $225 million IPO at $10
CIIG Merger, a blank check company formed by industry veterans to acquire a technology, media, or telecom company, raised $225 million by offering 22.5 million units at $10 to command a market value of $281 million. Each unit consists of one share of common...read more
US IPO Weekly Recap: A quiet Thanksgiving week for the IPO market
The IPO market had a quiet holiday week with just one SPAC going public. A micro-cap restaurant chain and two SPACs submitted initial filings. In other IPO news, the Renaissance IPO Index (IPOUSA) ...read more