The quiet buzz of electric vehicles is growing louder as more EV makers choose to go public by merging with a SPAC. While several large Chinese EV companies have completed IPOs in recent years (NIO, LI, XPEV), the last major US EV maker to IPO was...read more
The post-Independence Day week was slow, but things are looking up: the public market is gaining steam with the Renaissance IPO Index up 40% YTD, and companies are claiming their spots on the IPO calendar. Three SPACs entered the public market this week, four...read more
Pivotal Investment Corp II, a blank check company led by acquisition veteran Jonathan Ledecky targeting a high-growth business, raised $200 million by offering 20 million shares at $10. Each unit consists of one share of common stock and one-third of one...read more
Just two blank check companies are scheduled to price in the week ahead, following the July 4th holiday. We also expect a number of new launches in the coming week. Likely candidates include healthcare software provider Phreesia (PHR),...read more
The road less traveled: 14 auto-tech plays going public via SPAC
The quiet buzz of electric vehicles is growing louder as more EV makers choose to go public by merging with a SPAC. While several large Chinese EV companies have completed IPOs in recent years (NIO, LI, XPEV), the last major US EV maker to IPO was...read more
US IPO Weekly Recap: The calm before the 10 IPO storm
The post-Independence Day week was slow, but things are looking up: the public market is gaining steam with the Renaissance IPO Index up 40% YTD, and companies are claiming their spots on the IPO calendar. Three SPACs entered the public market this week, four...read more
Jonathan Ledecky's SPAC Pivotal Investment Corp II prices IPO at $10
Pivotal Investment Corp II, a blank check company led by acquisition veteran Jonathan Ledecky targeting a high-growth business, raised $200 million by offering 20 million shares at $10. Each unit consists of one share of common stock and one-third of one...read more
US IPO Week Ahead: A flurry of IPOs expected to launch July roadshows
Just two blank check companies are scheduled to price in the week ahead, following the July 4th holiday. We also expect a number of new launches in the coming week. Likely candidates include healthcare software provider Phreesia (PHR),...read more