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SVMH News

US IPO Weekly Recap: August Kicks off with a 2 IPO week

MEGL

Two deals priced this week, but only one met the criteria to be included in our 2022 IPO stats. Four new filings, including two offering units, also trickled into the pipeline.  Hong Kong-based Magic Empire Global (MEGL) completed a US...read more

SPAC Mobiv Acquisition prices $87 million IPO, targeting electric vehicles and smart transportation

SRIVARU Holding (Mobiv Acquisition) logo

Mobiv Acquisition, a blank check company targeting the electric vehicle industry in Asia and Europe, raised $87 million by offering 8.7 million units at $10. Each unit consists of one share of common stock and one warrant, exercisable at $11.50.  Mobiv...read more

Electric vehicle-focused SPAC Mobiv Acquisition lowers deal size by 13% ahead of $87 million IPO

SRIVARU Holding (Mobiv Acquisition) logo

Mobiv Acquisition, a blank check company targeting the electric vehicle industry in Asia and Europe, lowered the proposed deal size for its upcoming IPO on Tuesday. The Newark, DE-based company now plans to raise $87 million by offering 8.7 million units at $10...read more

US IPO Weekly Recap: 1 micro-cap IPO begins trading

TOP

After a week of no IPOs or SPACs, May closed out with one small deal. Three IPOs and one SPAC submitted initial filings. Zhong Yang Financial Group (TOP) priced at the low end to raise $25 million at a $175 million market cap. The Hong...read more