While major IPOs are on hold until after Labor Day, three small deals were completed in the last week of August. Two SPACs also priced. JBDI Holdings (JBDI) raised $11 million at a $99 million market cap, pricing at the high end of its $4 to...read more
GigCapital7, a blank check company led by semiconductor veteran Avi Katz, raised $200 million by offering 20 million units at $10. Each unit consists of one share of common stock and one warrant, exercisable at $11.50. GigCapital7 plans to list on the...read more
Experienced sponsors are moving back into the SPAC market as blank check issuance has stabilized, a signal that the space has found its footing more than two years after SPAC mania ended. To some extent, they never left: Several of the largest SPAC IPOs in 2023...read more
Five IPOs debuted this week, and raised over $1.3 billion in proceeds. One SPAC also listed. One name that did not join the fray was aluminum company Novelis (NVL), which called off its planned $878 million IPO at the eleventh-hour. Three IPOs...read more
US IPO Weekly Recap: Small issuers close out August IPO market
While major IPOs are on hold until after Labor Day, three small deals were completed in the last week of August. Two SPACs also priced. JBDI Holdings (JBDI) raised $11 million at a $99 million market cap, pricing at the high end of its $4 to...read more
SPAC GigCapital7, led by semi veteran Avi Katz, prices downsized $200 million IPO
GigCapital7, a blank check company led by semiconductor veteran Avi Katz, raised $200 million by offering 20 million units at $10. Each unit consists of one share of common stock and one warrant, exercisable at $11.50. GigCapital7 plans to list on the...read more
Back in SPACs: Experienced sponsors return to the SPAC market
Experienced sponsors are moving back into the SPAC market as blank check issuance has stabilized, a signal that the space has found its footing more than two years after SPAC mania ended. To some extent, they never left: Several of the largest SPAC IPOs in 2023...read more
US IPO Weekly Recap: Healthcare software leads $1.3 billion IPO week, even as Novelis calls off IPO
Five IPOs debuted this week, and raised over $1.3 billion in proceeds. One SPAC also listed. One name that did not join the fray was aluminum company Novelis (NVL), which called off its planned $878 million IPO at the eleventh-hour. Three IPOs...read more