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US IPO Weekly Recap: 3 micro-cap IPOs come to market during the February lull

AREN

Three micro-caps debuted this past week during the IPO market’s annual February lull. Nine SPACs also priced. The pipeline remained relatively quiet, with two IPOs and one SPAC submitting initial filings. The Arena Group (AREN), a...read more

Commercial REIT Modiv prices IPO at $25

Modiv logo

Modiv, a single-tenant net lease REIT with 38 retail, office, and industrial properties in the US, raised $1 million by offering 40k shares at $25, as expected. The IPO float represents just 0.5% of the basic shares outstanding. Modiv plans to make monthly...read more

Commercial REIT Modiv sets terms for $1 million IPO

Modiv logo

Modiv, a single-tenant net lease REIT with 38 retail, office, and industrial properties in the US, announced terms for its IPO on Wednesday. The Newport Beach, CA-based company plans to raise $1 million by offering 40k shares at $25. At the proposed price,...read more

US IPO Weekly Recap: Digital banking leads a 3 IPO week

NU

After a quiet start to the month, the IPO market picked up slightly with three IPOs this past week, joined by 21 SPACs. The pipeline stayed relatively quiet, with just two IPOs and six SPACs submitting initial filings. Brazil-based Nu Holdings ...read more