Silver Spike Acquisition (SSPKU) raised $250 million this past week, the year's third blank check company targeting the cannabis industry. The SPAC is led by Scott Gordon, Chairman of cannabis-focused investment firm Egg Rock Holdings and a...read more
The deals are still pouring in, and IPO investors are poring over them. Nine IPOs raised a hefty $3.3 billion this past week. Excluding a SPAC and a Reg A+, the average return was just 2%. The week's sole energy offering, FTS International, was...read more
MTech Acquisition, a blank check company formed to acquire a cannabis services business, raised $50 million by offering 5.0 million units at $10, as expected. Each unit consists of one share of common stock and one warrant exercisable at $11.50. ...read more
The IPO market continues its record-breaking start of the year with nine deals aiming to raise $3.5 billion. Casino REIT Vici Properties headlines the week with a $1 billion IPO. And the big deals keep coming: Three more target over $500 million, including...read more
The IPO Market Hands Cannabis its Third Blank Check
Silver Spike Acquisition (SSPKU) raised $250 million this past week, the year's third blank check company targeting the cannabis industry. The SPAC is led by Scott Gordon, Chairman of cannabis-focused investment firm Egg Rock Holdings and a...read more
US IPO Weekly Recap: Heavy volume but few winners in 9-IPO week
The deals are still pouring in, and IPO investors are poring over them. Nine IPOs raised a hefty $3.3 billion this past week. Excluding a SPAC and a Reg A+, the average return was just 2%. The week's sole energy offering, FTS International, was...read more
Blank check for cannabis: MTech Acquisition prices $50 million IPO at $10
MTech Acquisition, a blank check company formed to acquire a cannabis services business, raised $50 million by offering 5.0 million units at $10, as expected. Each unit consists of one share of common stock and one warrant exercisable at $11.50. ...read more
US IPO Week Ahead: Another wave hits with 9 deals including the Caesars Palace REIT
The IPO market continues its record-breaking start of the year with nine deals aiming to raise $3.5 billion. Casino REIT Vici Properties headlines the week with a $1 billion IPO. And the big deals keep coming: Three more target over $500 million, including...read more