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EVLV News

28 SPAC mergers that have outperformed in 2023

Evolv Technology (NewHold Investment) logo

After a dismal 2022, a number of SPAC mergers have outperformed this year alongside a strong rebound in IPO returns and the broader stock market. While most de-SPACs continue to trade below the $10 transaction price, investors may be finding hidden gems among...read more

US IPO Weekly Recap: Vital Farms pops 60% in a 7 IPO week

ALVR

Seven IPOs and five SPACs entered the public markets this week led by top performer Vital Farms (VITL), which popped 60% in its public debut. Vital Farms (VITL), the largest US producer of pasture-raised eggs, upsized and priced above...read more

Industrial technology SPAC NewHold Investment prices $150 million IPO at $10

Evolv Technology (NewHold Investment) logo

NewHold Investment, a blank check company formed by NewHold Enterprises targeting an industrial technology business, raised $150 million by offering 15 million units at $10. Each unit consists of one share of common stock and one-half of a warrant, exercisable...read more

US IPO Weekly Recap: Preclinical biotech Nkarta pops 166% in a 5 IPO week

NKTX

Three biotechs, two Chinese issuers, and one SPAC went public this past week, led by preclinical oncology biotech Nkarta (NKTX), which popped 166% in the best first-day return for a $10+ million IPO since 2015. Some major news hit the IPO...read more