There were no IPOs in the first week of April, though one SPAC priced. Four IPOs submitted initial filings. The week’s sole deal was Denali Capital Acquisition (DECAU), which raised $75 million. Led by the CEO of US Tiger Securities,...read more
Denali Capital Acquisition, the fourth blank check company formed by the CEO of US Tiger Securities, raised $75 million by offering 7.5 million units at $10. Each unit consists of one share of common stock and one warrant, exercisable at $11.50. Denali Capital...read more
Traditional IPOs were a no-show again this past week, though four SPACs were willing to brave current market conditions, raising a combined $725 million. The pipeline saw some activity, with three IPOs and two SPACs submitting initial filings. While ...read more
Denali Capital Acquisition, the fourth blank check company led by the CEO of US Tiger Securities, filed on Tuesday with the SEC to raise up to $75 million in an initial public offering. The company plans to raise $75 million by offering 7.5 million units at $10...read more
US IPO Weekly Recap: The second quarter starts with no IPOs
There were no IPOs in the first week of April, though one SPAC priced. Four IPOs submitted initial filings. The week’s sole deal was Denali Capital Acquisition (DECAU), which raised $75 million. Led by the CEO of US Tiger Securities,...read more
SPAC Denali Capital Acquisition prices $75 million IPO, led by CEO of US Tiger Securities
Denali Capital Acquisition, the fourth blank check company formed by the CEO of US Tiger Securities, raised $75 million by offering 7.5 million units at $10. Each unit consists of one share of common stock and one warrant, exercisable at $11.50. Denali Capital...read more
US IPO Weekly Recap: No IPOs in another tumultuous week
Traditional IPOs were a no-show again this past week, though four SPACs were willing to brave current market conditions, raising a combined $725 million. The pipeline saw some activity, with three IPOs and two SPACs submitting initial filings. While ...read more
SPAC Denali Capital Acquisition files for a $75 million IPO, led by CEO of US Tiger Securities
Denali Capital Acquisition, the fourth blank check company led by the CEO of US Tiger Securities, filed on Tuesday with the SEC to raise up to $75 million in an initial public offering. The company plans to raise $75 million by offering 7.5 million units at $10...read more