The IPO market had a quiet holiday week with just one SPAC going public. A micro-cap restaurant chain and two SPACs submitted initial filings. In other IPO news, the Renaissance IPO Index (IPOUSA) ...read more
Alussa Energy Acquisition, a blank check company targeting oil and gas E&Ps and midstream businesses, raised $250 million by offering 25 million units at $10 to command a market value of $306 million. The company originally planned to raise $225 million. The...read more
One holdover and one SPAC plan to raise $235 million in the holiday week ahead.
Nano-cap auto e-tailer LMP Automotive Holdings (LMPX) plans to raise $12 million at a $45 million market cap. After decreasing its proposed share offering and...read more
Two biotechs and a Chinese real estate company entered the public market, accompanied by two SPACs. All three companies priced at the bottom of the range, while both SPACs upsized their unit offerings. Seven Chinese companies filed for US IPOs, along with two...read more
US IPO Weekly Recap: A quiet Thanksgiving week for the IPO market
The IPO market had a quiet holiday week with just one SPAC going public. A micro-cap restaurant chain and two SPACs submitted initial filings. In other IPO news, the Renaissance IPO Index (IPOUSA) ...read more
Energy SPAC Alussa Energy Acquisition prices upsized $250 million IPO at $10
Alussa Energy Acquisition, a blank check company targeting oil and gas E&Ps and midstream businesses, raised $250 million by offering 25 million units at $10 to command a market value of $306 million. The company originally planned to raise $225 million. The...read more
US IPO Week Ahead: The IPO market takes its Thanksgiving break
One holdover and one SPAC plan to raise $235 million in the holiday week ahead. Nano-cap auto e-tailer LMP Automotive Holdings (LMPX) plans to raise $12 million at a $45 million market cap. After decreasing its proposed share offering and...read more
US IPO Weekly Recap: More deals price down in a 3-IPO week
Two biotechs and a Chinese real estate company entered the public market, accompanied by two SPACs. All three companies priced at the bottom of the range, while both SPACs upsized their unit offerings. Seven Chinese companies filed for US IPOs, along with two...read more