AZTR News

Three companies priced this past week, two of which are eligible for inclusion in our IPO stats. They were joined by one SPAC. CAVA Group (CAVA) priced above the upwardly revised range, the first major IPO to do so since late 2021, raising $318 million at a $2.6 billion market cap. CAVA owned and operated 263 CAVA restaurants across 22 states and DC as of 4/16/23...read more

Azitra, a Phase 1-ready dermatology biotech developing engineered bacterial therapies, raised $8 million by offering 1.5 million shares at $5.00, within the range of $4.50 to $5.50. Azitra is focused on developing engineered proteins and live biotherapeutic products that can be applied topically to treat diseases of the skin. The company has a microbial library comprised of...read more

Updated Monday, 6/12. Three companies are scheduled to price in the week ahead, two of which are eligible for inclusion in our IPO stats. The first sizable restaurant play to go public since 2021, CAVA Group (CAVA) plans to...read more

There were no pricings this past week, as the sole scheduled deal delayed (AZTR). But the calendar still saw some activity, with restaurant chain CAVA Group (CAVA) launching its $260 million offering; it’s expected to price in the week ahead. The IPO pipeline also got a pickup, with three issuers submitting initial filings. Electric air travel company...read more