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US IPO Weekly Recap: The IPO market gears up for fall with wave of filings in a 2 IPO week

Two foreign electric vehicle makers and three SPACs went public this past week. A wave of filings brought 27 companies into the IPO pipeline. Xpeng (XPEV), a Chinese electric vehicle maker, upsized and priced above the range to raise $1.5...read more

Tech SPAC Burgundy Technology Acquisition prices downsized $300 million IPO at $10

Burgundy Technology Acquisition, a blank check company formed by the former CEO of HP and a former Citi executive targeting the tech industry, raised $300 million by offering 30 million units at $10. Each unit consists of one share of common stock and one-half...read more

Tech SPAC Burgundy Technology Acquisition cuts unit offering by 25% ahead of $300 million IPO

Burgundy Technology Acquisition, a blank check company formed by the former CEO of HP and a former Citi executive targeting the tech industry, lowered the proposed deal size for its upcoming IPO on Tuesday. The Grand Cayman, Cayman Islands-based company now...read more

US IPO Week Ahead: Chinese EV's billion-dollar deal closes out summer in a 2 IPO week

Two IPOs and two SPACs are scheduled to go public in the week ahead. Chinese EV maker Xpeng (XPEV) is leading summer's last wave with a billion-dollar deal. Xpeng (XPEV) plans to raise $1.0 billion at an $8.8 billion market cap....read more