Two nano-caps debuted this past week, neither of which are included in our IPO stats. Two OTC-listed companies filed for uplistings. Pain relief biotech Chromocell Therapeutics (CHRO) raised $7 million at a $34 million market cap. The company...read more
Unusual Machines, a drone technology developer acquiring the consumer operations of Red Cat, raised $5 million by offering 1.3 million shares at $4, the low end of the range of $4 to $6. The company offered 0.3 million more shares than anticipated. ...read more
Unusual Machines, a drone technology developer acquiring the consumer operations of Red Cat, lowered the proposed deal size for its upcoming IPO on Wednesday. In its latest filing, the company also replaced lead underwriter ThinkEquity with Maxim Group, and...read more
Unusual Machines, a drone technology developer acquiring the consumer operations of Red Cat, announced terms for its IPO on Wednesday. The San Juan, Puerto Rico-based company plans to raise $10 million by offering 2 million shares at $5. At the proposed price,...read more
US IPO Weekly Recap: Nano-caps debut in quiet week
Two nano-caps debuted this past week, neither of which are included in our IPO stats. Two OTC-listed companies filed for uplistings. Pain relief biotech Chromocell Therapeutics (CHRO) raised $7 million at a $34 million market cap. The company...read more
Drone tech developer Unusual Machines prices IPO at $4, the low end of the range
Unusual Machines, a drone technology developer acquiring the consumer operations of Red Cat, raised $5 million by offering 1.3 million shares at $4, the low end of the range of $4 to $6. The company offered 0.3 million more shares than anticipated. ...read more
Drone tech developer Unusual Machines slashes deal size by 50%, changes lead bank ahead of $5 million IPO
Unusual Machines, a drone technology developer acquiring the consumer operations of Red Cat, lowered the proposed deal size for its upcoming IPO on Wednesday. In its latest filing, the company also replaced lead underwriter ThinkEquity with Maxim Group, and...read more
Drone tech developer Unusual Machines sets terms for $10 million IPO
Unusual Machines, a drone technology developer acquiring the consumer operations of Red Cat, announced terms for its IPO on Wednesday. The San Juan, Puerto Rico-based company plans to raise $10 million by offering 2 million shares at $5. At the proposed price,...read more