HYAC.U News

A handful of small IPOs and one direct listing closed out the last full week of July. Aviation company Surf Air Mobility (SRFM) completed the first direct listing of 2023, opening 75% below its reference price to begin trading at $5. The company provides a regional air mobility platform and intends to develop powertrain technology to electrify existing fleets...read more

Haymaker Acquisition 4, the fourth blank check company led by Steven and Andrew Heyer targeting consumer businesses, raised $200 million by offering 20 million units at $10. Each unit consists of one share of common stock and one-half of a warrant, exercisable at $11.50. The New York, NY-based company is led by CEO and Chairman Andrew Heyer, the founder and CEO of...read more

There was one pricing this past week, although it did not meet the criteria for our IPO stats. Two small IPOs and two SPACs submitted initial filings. While not included in our stats, Hong Kong-based wealth manager Prestige Wealth (PWM) raised $5 million at a $45 million market cap. The company provides wealth management and asset management services primarily to...read more

Haymaker Acquisition 4, the fourth blank check company led by Steven and Andrew Heyer targeting consumer businesses, filed on Monday with the SEC to raise up to $200 million in an initial public offering. The New York, NY-based company plans to raise $200 million by offering 20 million units at $10. Each unit consists of one share of common stock and one-half of a warrant,...read more