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US IPO Weekly Recap: Two billion-dollar biotechs cap a mixed week for biotech IPOs

In the second week after the SEC opened we saw a number of launches and two billion-dollar biotechs, Alector (ALEC) and Gossamer Bio (GOSS), price their IPOs. Another biotech, Harpoon Therapeutics (HARP),...read more

China-focused SPAC Wealthbridge Acquisition prices $50 million IPO at $10

Wealthbridge Acquisition, a blank check company targeting the air transportation industry in China, raised $50 million by offering 5.0 million units at $10, as expected.  Each unit consists of one ordinary share, one warrant to purchase one-half of one...read more

US IPO Week Ahead: 2 billion-dollar biotechs in a 4-IPO week

Four IPOs plan to raise $523 million in the week ahead. Biotechs are still a strong force in the IPO market with three early-stage immunotherapy plays on the docket, including two with proposed billion-dollar valuations. A micro-cap Florida bank rounds out the...read more

Chinese SPAC Wealthbridge Acquisition files for a $50 million IPO

Wealthbridge Acquisition, a blank check company targeting the air transportation industry in China, filed on Friday with the SEC for an initial public offering. The Hong Kong-based company plans to raise $50 million by offering 5 million units at a price of...read more

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