HSPOU News

The US IPO market was fairly quiet this past week, with just two blank check IPOs before the Christmas holiday. They were joined by nano-cap biotech Lipella Pharmaceuticals (LIPO), which was too small to be included in our IPO stats. Another nano-cap, BullFrog AI Holdings (BFRG) again delayed its $8 million IPO. SPACs ...read more

Horizon Space Acquisition I, a blank check company led by a Chinese PE executive targeting emerging growth companies, raised $60 million by offering 6.0 million units at $10. Each unit consists of one share of common stock, one right to receive one-tenth of a share upon the completion of an initial business combination, and one warrant exercisable at $11.50. The New York,...read more

The November IPO market ended with a quiet week, as the small deals on the calendar pushed back their offering plans. While there was no wave of post-Thanksgiving launches, we could still see some companies join the calendar in the week ahead, though time is running...read more

Horizon Space Acquisition I, a blank check company led by a Chinese executive targeting emerging growth companies, filed on Tuesday with the SEC to raise up to $60 million in an initial public offering. The New York, NY-based company plans to raise $60 million by offering 6 million units at $10. Each unit consists of one share of common stock, one right to receive one-tenth of a...read more