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GRO News

Renaissance Capital's November IPO Market Update

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New issuance started to wind down for the year in November, with eight mostly small IPOs raising a combined $348 million. Activity was well below the 10-year historical average (15 IPOs, $3.7B), though it's worth noting that deal flow often drops off in November...read more

US IPO Weekly Recap: Robotaxi developer and potash miner lead 6 IPO holiday week

PONY

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

Canada-based potash miner Brazil Potash prices further downsized US IPO at the $15 low end

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Brazil Potash, which is developing a potash mining project in Brazil's Amazon basin, raised $30 million by offering 2 million shares at $15, the low end of the range of $15 to $18. The company offered 0.4 million fewer shares than anticipated. It originally...read more

Canada-based potash miner Brazil Potash cuts share offering by 44% ahead of $40 million US IPO

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Brazil Potash, which is developing a potash mining project in Brazil's Amazon basin, lowered the proposed deal size for its upcoming IPO on Monday. In its latest filing, the company also changed its proposed listing exchange from the NYSE to the NYSE American. ...read more