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EH News

Preparing for take-off: Urban aircraft companies are choosing SPAC mergers

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Urban aircraft companies are lifting off to reach public markets via SPACs.  Just as consumers flocked to ridesharing apps such as Uber and Lyft for their convenience and speed, urban air taxis should allow users to avoid road congestion, public...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

Chinese drone maker EHang prices IPO at $12.50, the low end of the range

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EHang Holdings, a Chinese developer of autonomous drones used for passenger services, raised $40 million by offering 3.2 million ADSs at $12.50, the low end of the range of $12.50 to $14.50. Insiders had indicated on $7 million of the IPO. At the IPO...read more

US IPO Week Ahead: The largest IPO of the 4Q, its sole US tech unicorn, and flying taxis

BILL

Five IPOs and one SPAC are scheduled to raise $2.7 billion in the week ahead, led by Brazilian brokerage XP (XP). After being virtually absent in the 4Q19, ...read more