US IPO Market Grinds to a HaltThe US IPO market had its slowest first quarter in six years as just 18 IPOs raised $2.1 billion. Plummeting returns at the end of...read more
A cannabis micro-cap broke the IPO market’s month-long dry spell this past week and became the latest small issuer to soar in its debut, popping 163% on its first day. One SPAC also priced in the slowest week for blank check IPOs since August. The pipeline...read more
Akanda, an UK-based cannabis producer with cultivation facilities in Southern Africa, raised $16 million by offering 4 million shares at $4, as expected. Akanda cultivates, manufactures and distributes cannabis, with plans to supply medicinal-grade cannabis...read more
After nearly a month of no activity, one IPO may price in the week ahead, early-stage cannabis producer Akanda (AKAN). Some SPACs may join the calendar during the week. Akanda (AKAN) plans to raise $16 million at a $116...read more
Updated: Renaissance Capital's 1Q 2022 US IPO Market Review
US IPO Market Grinds to a Halt The US IPO market had its slowest first quarter in six years as just 18 IPOs raised $2.1 billion. Plummeting returns at the end of...read more
US IPO Weekly Recap: Cannabis micro-cap breaks the IPO market's dry spell
A cannabis micro-cap broke the IPO market’s month-long dry spell this past week and became the latest small issuer to soar in its debut, popping 163% on its first day. One SPAC also priced in the slowest week for blank check IPOs since August. The pipeline...read more
British cannabis micro-cap Akanda prices US IPO at $4
Akanda, an UK-based cannabis producer with cultivation facilities in Southern Africa, raised $16 million by offering 4 million shares at $4, as expected. Akanda cultivates, manufactures and distributes cannabis, with plans to supply medicinal-grade cannabis...read more
US IPO Week Ahead: Cannabis micro-cap set to be the first IPO of March
After nearly a month of no activity, one IPO may price in the week ahead, early-stage cannabis producer Akanda (AKAN). Some SPACs may join the calendar during the week. Akanda (AKAN) plans to raise $16 million at a $116...read more