Altice USA raised $1.9 billion - 42% more than originally planned - in the largest US IPO of a telecom since the 2000 blitz. The company traded up 13% by Friday's close. REITs had a bad week: Two REITs raised a combined $400 million and both broke issue, while a...read more
Hennessy Capital Acquisition III, a blank check company formed by Daniel Hennessy to acquire a US industrial manufacturer, raised $225 million by offering 22.5 million shares at $10. Hennessy Capital Acquisition III plans to list on the NYSE MKT under the symbol...read more
Seven deals are on the IPO calendar to raise a combined $2.3 billion in the week ahead. Cable operator Altice USA (ATUS) aims to raise $1.35 billion in...read more
Hennessy Capital Acquisition III, a blank check company focused on industrial manufacturing businesses, filed on Tuesday with the SEC to raise up to $225 million in an initial public offering. The Wilson, WY-based company was formed in 2017 and it plans to...read more
US IPO Weekly Recap: Altice raises $1.9 billion in largest US telecom IPO since 2000
Altice USA raised $1.9 billion - 42% more than originally planned - in the largest US IPO of a telecom since the 2000 blitz. The company traded up 13% by Friday's close. REITs had a bad week: Two REITs raised a combined $400 million and both broke issue, while a...read more
SPAC Hennessy Capital Acquisition III prices IPO at $10
Hennessy Capital Acquisition III, a blank check company formed by Daniel Hennessy to acquire a US industrial manufacturer, raised $225 million by offering 22.5 million shares at $10. Hennessy Capital Acquisition III plans to list on the NYSE MKT under the symbol...read more
US IPO Week Ahead: 3 REITs, 3 SPACs and a billion-dollar IPO from Altice USA
Seven deals are on the IPO calendar to raise a combined $2.3 billion in the week ahead. Cable operator Altice USA (ATUS) aims to raise $1.35 billion in...read more
Blank check company Hennessy Capital Acquisition III files for a $225 million IPO
Hennessy Capital Acquisition III, a blank check company focused on industrial manufacturing businesses, filed on Tuesday with the SEC to raise up to $225 million in an initial public offering. The Wilson, WY-based company was formed in 2017 and it plans to...read more