eurn News

Hunter Maritime Acquisition, a blank check company formed by Belgium's Saverys family to acquire a drybulk shipping company, announced terms for its IPO on Tuesday. The Majuro, Marshall Islands-based company plans to raise $150 million by offering 15 million units at a price of $10. At that price, it would command a fully diluted market value of $188 million. Units consist of...read more

The Renaissance IPO Index (Ticker: IPOUSA), the underlying index for the Renaissance IPO ETF (Ticker: IPO), will implement the following constituent changes at the market’s close on Friday, September 18, 2015: Additions: Blue Buffalo Pet Products TransUnion Ultragenyx...read more

Overseas Shipholding Group, an oil tanker operator taken out of bankruptcy, filed on Monday with the SEC to raise up to $100 million in an initial public offering. Overseas Shipholding Group first began trading on the NYSE under the ticker OSG in 1970, but in November 2012 it filed for bankruptcy. In August 2014, it received $1.51 billion from PE funds in exchange for...read more

Data management platform Box became the first technology IPO of 2015 and popped 66% on its first day. The company's successful debut could encourage other technology IPOs to launch, but right now health care companies dominate the IPO calendar: 13 of the 15 upcoming IPOs are biotechs, diagnostics and medical products. 12 IPOs were added to the calendar during the past week, 10...read more