The fall IPO market kept a brisk pace this past week with 11 IPOs, led by restaurant chain Portillo’s (PTLO). SPACs also stayed active, with 18 blank check IPOs. There was one postponement: winery Winc (WBEV). New filers continue to...read more
Cyngn, which develops autonomous driving software for commercial and industrial vehicles, raised $26 million by offering 3.5 million shares at $7.50, the low end of the range of $7.50 to $9.50. Backed by Benchmark Capital, the pre-revenue company intends to...read more
Cyngn, which develops autonomous driving software for commercial and industrial vehicles, announced terms for its IPO on Thursday. The Menlo Park, CA-based company plans to raise $30 million by offering 3.5 million shares at a price range of $7.50 to $9.50. At...read more
The IPO market saw a quiet end to the summer with only two IPOs this past week. SPAC activity remained steady with seven blank check IPOs. New filers continue to pour into the IPO pipeline, with 11 IPOs, one direct listing, and two SPACs submitting initial...read more
US IPO Weekly Recap: Portillo’s gains 87% in an 11 IPO week
The fall IPO market kept a brisk pace this past week with 11 IPOs, led by restaurant chain Portillo’s (PTLO). SPACs also stayed active, with 18 blank check IPOs. There was one postponement: winery Winc (WBEV). New filers continue to...read more
Autonomous vehicle play Cyngn prices IPO at $7.50 low end
Cyngn, which develops autonomous driving software for commercial and industrial vehicles, raised $26 million by offering 3.5 million shares at $7.50, the low end of the range of $7.50 to $9.50. Backed by Benchmark Capital, the pre-revenue company intends to...read more
Autonomous vehicle software developer Cyngn sets terms for $30 million IPO
Cyngn, which develops autonomous driving software for commercial and industrial vehicles, announced terms for its IPO on Thursday. The Menlo Park, CA-based company plans to raise $30 million by offering 3.5 million shares at a price range of $7.50 to $9.50. At...read more
US IPO Weekly Recap: Summer IPO market ends with a quiet 2 IPO week
The IPO market saw a quiet end to the summer with only two IPOs this past week. SPAC activity remained steady with seven blank check IPOs. New filers continue to pour into the IPO pipeline, with 11 IPOs, one direct listing, and two SPACs submitting initial...read more