Lyra Therapeutics (LYRA) popped 16% in its IPO this past week, the latest biotech to surge in its public debut. It was joined by three SPACs, continuing an uptick in blank check activity. Despite enduring ...read more
Collective Growth Corp, a blank check company led by former Canopy Growth execs targeting the cannabis industry, raised $150 million by offering 15 million units at $10. Each unit consists of one share of common stock and one half of a warrant exercisable...read more
Updated on 4/27/2020. One biotech and two SPACs are on the calendar for the week ahead. The IPO market is showing some early signs of opening up. Recent biotech IPOs have had strong debuts, SPAC activity has picked up, and a few deals in the...read more
Following the IPO Index’s sharpest drop ever recorded, one cannabis SPAC is keeping the IPO market alive, expected to raise $150 million in the week ahead. Social Capital’s latest SPACs (IPOB.U, IPOC.U) are also eligible to price this week. ...read more
US IPO Weekly Recap: Biotech hot streak continues amid another wave of SPACs
Lyra Therapeutics (LYRA) popped 16% in its IPO this past week, the latest biotech to surge in its public debut. It was joined by three SPACs, continuing an uptick in blank check activity. Despite enduring ...read more
Cannabis SPAC Collective Growth Corp prices $150 million IPO at $10
Collective Growth Corp, a blank check company led by former Canopy Growth execs targeting the cannabis industry, raised $150 million by offering 15 million units at $10. Each unit consists of one share of common stock and one half of a warrant exercisable...read more
US IPO Week Ahead: The IPO pipeline is active in a 1 IPO week
Updated on 4/27/2020. One biotech and two SPACs are on the calendar for the week ahead. The IPO market is showing some early signs of opening up. Recent biotech IPOs have had strong debuts, SPAC activity has picked up, and a few deals in the...read more
US IPO Week Ahead: 1 cannabis SPAC lights up a dim IPO market
Following the IPO Index’s sharpest drop ever recorded, one cannabis SPAC is keeping the IPO market alive, expected to raise $150 million in the week ahead. Social Capital’s latest SPACs (IPOB.U, IPOC.U) are also eligible to price this week. ...read more