SRM News

There were three pricings this past week, two of which are included in our IPO stats. One blank check IPO also debuted, and one issuer submitted an initial filing. Pipeline and private company news from the past week provided more hints about fall IPO activity. There are some big names lining up potential listings next month, including chip designer Arm, luxury...read more

SRM Entertainment, which makes toys and souvenirs for theme parks and entertainment venues, raised $6 million by offering 1.3 million shares at $5, as expected. SRM Entertainment has a market cap of less than $50 million at pricing, so it will be excluded from Renaissance Capital's 2023 IPO stats. SRM Entertainment designs and develops toys and souvenirs...read more

SRM Entertainment, which makes toys and souvenirs for theme parks and entertainment venues, lowered the proposed deal size for its upcoming IPO on Tuesday. The Jupiter, FL-based company now plans to raise $6 million by offering 1.3 million shares at $5. The company had previously filed to offer 1.8 million shares at a range of $4.50 to $5.50. At the revised terms, SRM Entertainment...read more

Two IPOs priced this past week, each raising more than $200 million, while one small issuer delayed (AZTR). They were joined by one SPAC. Six IPOs and one SPAC submitted initial filings. Leading the week, Cummins spin-off Atmus Filtration (ATMU) priced at the midpoint to raise $275 million at a $1.6 billion market cap. Primarily operating under the Fleetguard...read more