The IPO market saw a jump in activity as one biotech and three SPACs went public this past week. The durability of the biotech industry was demonstrated once again, with ORIC Pharmaceuticals (ORIC) popping 61% on its first day. Four IPOs and one SPAC...read more
CC Neuberger Principal Holdings I, a blank check company formed by CC Capital and Neuberger Berman, raised $360 million by offering 36 million units at $10. CC Neuberger Principal I originally filed to raise $300 million by offering 30 million units. The company...read more
CC Neuberger Principal Holdings I (PCPL.U), a blank check company formed by CC Capital and Neuberger Berman, amended the terms of its upcoming IPO to be more favorable to new investors. In its latest filing, the company also added UBS Investment Bank and...read more
US IPO Weekly Recap: ORIC pops 61% and SPACs make a comeback
The IPO market saw a jump in activity as one biotech and three SPACs went public this past week. The durability of the biotech industry was demonstrated once again, with ORIC Pharmaceuticals (ORIC) popping 61% on its first day. Four IPOs and one SPAC...read more
SPAC CC Neuberger Principal I prices upsized $360 million IPO at $10
CC Neuberger Principal Holdings I, a blank check company formed by CC Capital and Neuberger Berman, raised $360 million by offering 36 million units at $10. CC Neuberger Principal I originally filed to raise $300 million by offering 30 million units. The company...read more
CC Capital and Neuberger-backed SPAC CC Neuberger Principal I changes unit offering from 1/4 to 1/3 warrants
CC Neuberger Principal Holdings I (PCPL.U), a blank check company formed by CC Capital and Neuberger Berman, amended the terms of its upcoming IPO to be more favorable to new investors. In its latest filing, the company also added UBS Investment Bank and...read more
US IPO Weekly Recap: GFL's billion-dollar IPO stumbles in shaky market
A billion-dollar IPO and two SPACs entered the market this past week, and four IPOs and five SPACs submitted initial filings. The ...read more