Two small issuers began trading this past week, only one of which was large enough to be included in our IPO stats, as several deals postponed (SODR, MGRX) or delayed (TRNR, INTS, NRXS). Two SPACs also priced. Eight IPOs submitted initial filings, the...read more
Mars Acquisition, a blank check company targeting the technology innovations market, raised $60 million by offering 6 million units at $10. Each unit consists of one share of common stock and one right to receive two-tenths of a share upon the completion of an...read more
Mars Acquisition, a blank check company targeting the technology innovations market, lowered the proposed deal size for its upcoming IPO on Friday. The New York, NY-based company now plans to raise $60 million by offering 6 million units at $10. Each unit...read more
There were no pricings ahead of the long holiday weekend, the first week with no IPOs or SPACs in over two years, by Renaissance Capital’s standards. Normally the IPO market is gearing up for a wave of post-Memorial Day launches, but new filings have been...read more
US IPO Weekly Recap: Calendar is quieter than expected as more small IPOs join the pipeline
Two small issuers began trading this past week, only one of which was large enough to be included in our IPO stats, as several deals postponed (SODR, MGRX) or delayed (TRNR, INTS, NRXS). Two SPACs also priced. Eight IPOs submitted initial filings, the...read more
SPAC Mars Acquisition prices $60 million IPO, targeting the tech innovations market
Mars Acquisition, a blank check company targeting the technology innovations market, raised $60 million by offering 6 million units at $10. Each unit consists of one share of common stock and one right to receive two-tenths of a share upon the completion of an...read more
Technology-focused SPAC Mars Acquisition cuts unit offering by 20% ahead of $60 million IPO
Mars Acquisition, a blank check company targeting the technology innovations market, lowered the proposed deal size for its upcoming IPO on Friday. The New York, NY-based company now plans to raise $60 million by offering 6 million units at $10. Each unit...read more
US IPO Weekly Recap: No IPOs before the Memorial Day weekend
There were no pricings ahead of the long holiday weekend, the first week with no IPOs or SPACs in over two years, by Renaissance Capital’s standards. Normally the IPO market is gearing up for a wave of post-Memorial Day launches, but new filings have been...read more