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
Modular Medical, which is developing a wearable insulin pump device, raised $15 million by offering 2.5 million units at $6, below the last close of its shares on the OTCQB ($7.90). Each unit consists of one share of common stock and one warrant, exercisable at...read more
Modular Medical, which is developing a wearable insulin pump device, lowered the proposed deal size for its upcoming IPO on Monday. The San Diego, CA-based company now plans to raise $15 million by offering 1.6 million units at $9.25, the February 3 last...read more
Following a week of postponements and pricing delays, two tech IPOs and three holdovers are scheduled to raise $412 million in the week ahead. Connectivity solutions provider Credo Technology Group (CRDO) plans to raise $275 million at a $1.8...read more
US IPO Weekly Recap: 3 micro-cap IPOs come to market during the February lull
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
Insulin pump developer Modular Medical prices Nasdaq uplisting at $6
Modular Medical, which is developing a wearable insulin pump device, raised $15 million by offering 2.5 million units at $6, below the last close of its shares on the OTCQB ($7.90). Each unit consists of one share of common stock and one warrant, exercisable at...read more
Insulin pump developer Modular Medical cuts deal size by 50%, adds warrants ahead of $15 million Nasdaq uplisting
Modular Medical, which is developing a wearable insulin pump device, lowered the proposed deal size for its upcoming IPO on Monday. The San Diego, CA-based company now plans to raise $15 million by offering 1.6 million units at $9.25, the February 3 last...read more
US IPO Week Ahead: Connectivity solutions and micro-caps in a 5 IPO week
Following a week of postponements and pricing delays, two tech IPOs and three holdovers are scheduled to raise $412 million in the week ahead. Connectivity solutions provider Credo Technology Group (CRDO) plans to raise $275 million at a $1.8...read more