Renaissance Capital logo

ARVL News

The road less traveled: 14 auto-tech plays going public via SPAC

Arrival (CIIG Merger) logo

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: Investors foot the bill as Bill.com climbs 77%

BILL

Five IPOs and three SPACs raised a combined $3.2 billion this past week led by Bill.com (BILL) in the best debut of the quarter with a 61% first day pop. Four companies submitted initial filings. The week’s best performer,...read more

TMT-focused SPAC CIIG Merger prices $225 million IPO at $10

Arrival (CIIG Merger) logo

CIIG Merger, a blank check company formed by industry veterans to acquire a technology, media, or telecom company, raised $225 million by offering 22.5 million units at $10 to command a market value of $281 million. Each unit consists of one share of common...read more

US IPO Weekly Recap: A quiet Thanksgiving week for the IPO market

ALUS.U

The IPO market had a quiet holiday week with just one SPAC going public. A micro-cap restaurant chain and two SPACs submitted initial filings. In other IPO news, the Renaissance IPO Index (IPOUSA) ...read more