Sixteen IPOs raised a combined $1.4 billion in April, slightly above the 10-year historical average by deal count (14 IPOs) but well below by proceeds ($3.4B) as micro-caps dominated activity. Only two US-based companies listed, with the remaining 14 (88%)...read more
While the IPO window all but closed over the past month, SPAC activity has held a brisk pace. So far this month, thirteen new blank check companies have filed to go public, slightly above March (12), and nearly quadruple last April (3). Similarly, seven SPACs...read more
The IPO market’s short week ended up being quieter than expected. Just one small IPO and one SPAC began trading, while the only major deal on the calendar delayed its pricing. Five IPOs and one SPAC submitted initial filings. Mining billionaire Robert...read more
SK Growth Opportunities, a blank check company backed by Korean conglomerate SK targeting ESG, raised $200 million by offering 20 million units at $10. Each unit consists of one share of common stock and one-half of a warrant, exercisable at $11.50. SK...read more
Renaissance Capital's April IPO Market Update
Sixteen IPOs raised a combined $1.4 billion in April, slightly above the 10-year historical average by deal count (14 IPOs) but well below by proceeds ($3.4B) as micro-caps dominated activity. Only two US-based companies listed, with the remaining 14 (88%)...read more
New SPAC activity holds steady even as traditional IPOs delay
While the IPO window all but closed over the past month, SPAC activity has held a brisk pace. So far this month, thirteen new blank check companies have filed to go public, slightly above March (12), and nearly quadruple last April (3). Similarly, seven SPACs...read more
US IPO Weekly Recap: Just one small IPO as Ivanhoe Electric delays pricing
The IPO market’s short week ended up being quieter than expected. Just one small IPO and one SPAC began trading, while the only major deal on the calendar delayed its pricing. Five IPOs and one SPAC submitted initial filings. Mining billionaire Robert...read more
ESG SPAC SK Growth Opportunities prices $200 million IPO
SK Growth Opportunities, a blank check company backed by Korean conglomerate SK targeting ESG, raised $200 million by offering 20 million units at $10. Each unit consists of one share of common stock and one-half of a warrant, exercisable at $11.50. SK...read more