Eleven IPOs and nine SPACs priced this past week, getting out ahead of the US election. Markets tumbled and volatility spiked, as several deals broke issue and three IPOs postponed. The diverse group had very mixed trading, and averaged a return of 9.9%. New...read more
2020’s SPAC mania is showing signs of fatigue. A record-shattering 168 blank check IPOs have raised $57 billion this year, more proceeds than...read more
CONX, a blank check company formed by Charles Ergen targeting wireless communications, raised $750 million by offering 75 million units at $10. Each unit consists of one share of common stock and one-fourth of a warrant, exercisable at $11.50. The...read more
CONX, a blank check company formed by Charles Ergen targeting wireless communications, lowered the proposed deal size for its upcoming IPO on Monday. The Littleton, CO-based company now plans to raise $750 million by offering 75 million units at a price of...read more
US IPO Weekly Recap: Big fintechs fall as 11 IPOs squeeze in ahead of the election
Eleven IPOs and nine SPACs priced this past week, getting out ahead of the US election. Markets tumbled and volatility spiked, as several deals broke issue and three IPOs postponed. The diverse group had very mixed trading, and averaged a return of 9.9%. New...read more
Blank check investors grow more selective amid SPAC boom
2020’s SPAC mania is showing signs of fatigue. A record-shattering 168 blank check IPOs have raised $57 billion this year, more proceeds than...read more
Charles Ergen's SPAC, CONX prices $750 million IPO at $10
CONX, a blank check company formed by Charles Ergen targeting wireless communications, raised $750 million by offering 75 million units at $10. Each unit consists of one share of common stock and one-fourth of a warrant, exercisable at $11.50. The...read more
Charles Ergen's TMT SPAC, CONX Corp., lowers deal size by 25% ahead of $750 million IPO
CONX, a blank check company formed by Charles Ergen targeting wireless communications, lowered the proposed deal size for its upcoming IPO on Monday. The Littleton, CO-based company now plans to raise $750 million by offering 75 million units at a price of...read more