Commentary & News

Mobile Global Esports, which is developing an esports platform for university competitions in India and South Asia, raised the proposed deal size for its upcoming IPO on Monday. In its latest filing, the company also disclosed financials for the three months ended March 31, 2022, and changed its proposed ticker. The San Clemente, CA-based company now plans to raise $16 million by...read more

Noble Education Acquisition, a blank check company focusing on the EdTech sector, filed on Monday with the SEC to raise up to $100 million in an initial public offering. The company plans to raise $100 million by offering 10 million units at $10. Each unit contains one share of common stock, one right to receive one-tenth of a share upon the completion of an initial business...read more

SK Growth Opportunities, a blank check company backed by Korean conglomerate SK targeting ESG, filed on Monday with the SEC to raise up to $200 million in an initial public offering. The company plans to raise $200 million by offering 20 million units at $10. Each unit contains one share of common stock and one-half of a warrant, exercisable at $11.50. At the proposed deal size, SK...read more

There are currently no IPOs scheduled to price in the week ahead, though some small deals and SPACs may join the calendar during the week. Small issuers have been the driving force of 2022 IPO activity, accounting for over 60% of year’s issuance so far. The pipeline is typically more active around this time as new issuers tee up post-Memorial Day launches, but initial filings...read more