Opes Acquisition, a blank check company formed by Axis Capital Management to acquire a Mexican business, raised $100 million by offering 10 million units at $10, as expected. At that price, Opes Acquisition commands a market value of $129 million. Each unit...read more
The IPO market is back in session. The first unicorn of the year, Zscaler (ZS), headlines the week ahead featuring four companies that are targeting a combined $386 million. A strong debut could nudge forward a number of other software...read more
US IPO Weekly Recap: Tech unicorn Zscaler pops 100%, Dropbox and Spotify up next
As expected, the year's first unicorn was a winner. Cybersecurity provider...read more
Mexico-focused SPAC Opes Acquisition prices $100 million IPO at $10
Opes Acquisition, a blank check company formed by Axis Capital Management to acquire a Mexican business, raised $100 million by offering 10 million units at $10, as expected. At that price, Opes Acquisition commands a market value of $129 million. Each unit...read more
US IPO Week Ahead: Year's first unicorn leads a pickup in activity with 4 IPOs
The IPO market is back in session. The first unicorn of the year, Zscaler (ZS), headlines the week ahead featuring four companies that are targeting a combined $386 million. A strong debut could nudge forward a number of other software...read more
US IPO Weekly Recap: Dropbox files for a $500 million IPO
The year's first "decacorn" is here: Dropbox (DBX) filed to raise $500 million on Friday. Investors got their first look at the ...read more