CPAAU News

Conyers Park III Acquisition, the third blank check company led by consumer industry veterans from Centerview Capital, raised $350 million by offering 35 million units at $10. Each unit consists of one share of common stock and one-third of a warrant exercisable at $11.50 per share. The company is led by three partners at the SPAC's sponsor, Centerview Capital: ...read more

After a record breaking number of deals last week, the IPO market cooled off for the shortened holiday week, with just two micro-cap IPOs raising $45 million.  Preclinical RNA biotech Transcode Therapeutics (RNAZ) priced at $4 to raise $25 million at a $54 million market cap. This oncology biotech develops RNA therapeutics for the treatment of solid...read more

Conyers Park III Acquisition, the third blank check company led by consumer industry veterans from Centerview Capital, filed on Tuesday with the SEC to raise up to $350 million in an initial public offering. The Naples, FL-based company plans to raise $350 million by offering 35 million units at a price of $10. There it would command a market value of $438 million. Each unit...read more

Nine companies entered the public market this week, led by customer experience software provider Medallia (MDLA) with a first day pop of 76%. The software company priced at $21, well above the range, to raise $326 million at a fully diluted valuation of $3.6 billion. Medallia’s growth accelerated to 32% in the most recent quarter, and it boasts 32...read more