Six IPOs and one SPAC listed this week. One IPO and two SPACs submitted initial filings. China-based robotaxi developer Pony AI (PONY) priced its upsized $260 million IPO at the top of the range, at a $5.1 billion market cap. Through...read more
FACT II Acquisition, the second blank check company led by former Credit Suisse executives, raised $175 million by offering 17.5 million units at $10. Each unit consists of one share of common stock and one-half of a warrant, exercisable at $11.50. FACT II...read more
This week was another slow week for pricings, with two companies making their public debut, along with three SPACs. WeRide (WRD) was set to break the August drought for large IPOs, but pushed back its expected pricing date to next week. Six...read more
FACT II Acquisition, the second SPAC led by former executives of Credit Suisse targeting financial services, filed on Friday with the SEC to raise up to $175 million in an initial public offering. The New York, NY-based company plans to raise $175 million by...read more
US IPO Weekly Recap: Robotaxi developer and potash miner lead 6 IPO holiday week
Six IPOs and one SPAC listed this week. One IPO and two SPACs submitted initial filings. China-based robotaxi developer Pony AI (PONY) priced its upsized $260 million IPO at the top of the range, at a $5.1 billion market cap. Through...read more
Former Credit Suisse execs' SPAC FACT II Acquisition prices $175 million IPO
FACT II Acquisition, the second blank check company led by former Credit Suisse executives, raised $175 million by offering 17.5 million units at $10. Each unit consists of one share of common stock and one-half of a warrant, exercisable at $11.50. FACT II...read more
US IPO Weekly Recap: WeRide reschedules while six new filers join the pipeline
This week was another slow week for pricings, with two companies making their public debut, along with three SPACs. WeRide (WRD) was set to break the August drought for large IPOs, but pushed back its expected pricing date to next week. Six...read more
SPAC FACT II Acquisition, the second blank check led by executives from Credit Suisse files for a $175 million IPO
FACT II Acquisition, the second SPAC led by former executives of Credit Suisse targeting financial services, filed on Friday with the SEC to raise up to $175 million in an initial public offering. The New York, NY-based company plans to raise $175 million by...read more