Commentary & News

Six listings are currently scheduled for the week ahead, three of which plan to raise over $100 million. Chinese premium EV brand ZEEKR (ZK) plans to raise $341 million at a $4.8 billion market cap. The company was originally part of Chinese auto giant Geely Auto, but was restructured as a separate company in 2021. Its current product portfolio includes two cross...read more

Cruise operator Viking (VIK) led the week’s deals, completing the year’s largest US IPO to date. It was joined by a small uplisting and a blank check company. Viking Holdings priced an upsized deal above the midpoint to raise $1.5 billion at a $10.2 billion market cap. The company currently has a fleet of 92 vessels, and it plans to...read more

Tamboran Resources, a natural gas E&P focused on the Beetaloo Basin in the Northern Territory of Australia, filed on Friday with the SEC to raise up to $100 million in an initial public offering. The company is currently listed on the Australian Securities Exchange under the symbol "TBN." Tamboran Resources is an early stage independent natural gas exploration and production...read more

ZEEKR Intelligent Technology Holding, a premium electric vehicle brand spun out of Chinese automaker Geely, announced terms for its IPO on Friday. The Ningbo, China-based company plans to raise $341 million by offering 17.5 million ADSs at a price range of $18 to $21. New and existing shareholders have indicated on $349 million worth of ADSs in the offering (102% of the deal). At...read more