The IPO market set new records in 2021, but a recent sell-off has walloped new issuers across nearly every sector over the past 90 days and 30 days. The sole sector with positive average returns, energy has produced just two IPOs since 2021, one of which was...read more
Eight IPOs joined the public market this past week, joined by ten SPACs. Two companies postponed, both citing market conditions: fitness equipment brand iFIT Health & Fitness (IFIT) and drug developer AEON Biopharma...read more
Volcon, a pre-revenue manufacturer of all-electric off-road powersport vehicles, raised $17 million by offering 3.0 million shares at $5.50, the high end of the range of $4.50 to $5.50. Founded in 2020, the company currently offers two off-road motorcycles,...read more
Five blank check companies went public this past week. While there were no traditional IPO pricings, more than 10 companies launched as the IPO market gears up for a busy September. The pipeline remained active with eight IPOs and eight SPACs submitting initial...read more
Sector-wide sell-off: IPOs from all but one sector have traded off in recent months
The IPO market set new records in 2021, but a recent sell-off has walloped new issuers across nearly every sector over the past 90 days and 30 days. The sole sector with positive average returns, energy has produced just two IPOs since 2021, one of which was...read more
US IPO Weekly Recap: Healthcare and Canadian crosslistings lead an 8 IPO week
Eight IPOs joined the public market this past week, joined by ten SPACs. Two companies postponed, both citing market conditions: fitness equipment brand iFIT Health & Fitness (IFIT) and drug developer AEON Biopharma...read more
Volcon prices IPO at $5.50 high end; micro-cap e-powersport vehicle maker jumps 97% on first day
Volcon, a pre-revenue manufacturer of all-electric off-road powersport vehicles, raised $17 million by offering 3.0 million shares at $5.50, the high end of the range of $4.50 to $5.50. Founded in 2020, the company currently offers two off-road motorcycles,...read more
US IPO Weekly Recap: IPO launches abound in the post-Labor Day frenzy
Five blank check companies went public this past week. While there were no traditional IPO pricings, more than 10 companies launched as the IPO market gears up for a busy September. The pipeline remained active with eight IPOs and eight SPACs submitting initial...read more