Spurred on by soaring Bitcoin prices in the last year, crypto-focused companies are taking the ball and running with it – right to the public markets. Since 2019, seven crypto-focused companies have completed traditional IPOs, one has direct listed, and...read more
Beard Energy Transition Acquisition, a blank check company targeting electric power grid opportunities, raised $200 million by offering 20 million units at $10. Each unit consists of one share of common stock and one-half of a warrant, exercisable at $11.50. ...read more
The fall IPO market kept a brisk pace this past week with 11 IPOs, led by restaurant chain Portillo’s (PTLO). SPACs also stayed active, with 18 blank check IPOs. There was one postponement: winery Winc (WBEV). New filers continue to...read more
Stronghold Digital Mining, a Bitcoin mining company powered by wholly-owned coal refuse power plants, raised $127 million by offering 6.7 million shares at $19, above the range of $16 to $18. The company had originally planned to sell 5.9 million shares. ...read more
Blockchain boom: Crypto comes to market with IPOs and SPAC mergers
Spurred on by soaring Bitcoin prices in the last year, crypto-focused companies are taking the ball and running with it – right to the public markets. Since 2019, seven crypto-focused companies have completed traditional IPOs, one has direct listed, and...read more
SPAC Beard Energy Transition Acquisition prices $200 million IPO, led by CEO of Stronghold Digital
Beard Energy Transition Acquisition, a blank check company targeting electric power grid opportunities, raised $200 million by offering 20 million units at $10. Each unit consists of one share of common stock and one-half of a warrant, exercisable at $11.50. ...read more
US IPO Weekly Recap: Portillo’s gains 87% in an 11 IPO week
The fall IPO market kept a brisk pace this past week with 11 IPOs, led by restaurant chain Portillo’s (PTLO). SPACs also stayed active, with 18 blank check IPOs. There was one postponement: winery Winc (WBEV). New filers continue to...read more
Alternative energy Bitcoin miner Stronghold Digital Mining prices upsized IPO above range at $19
Stronghold Digital Mining, a Bitcoin mining company powered by wholly-owned coal refuse power plants, raised $127 million by offering 6.7 million shares at $19, above the range of $16 to $18. The company had originally planned to sell 5.9 million shares. ...read more