SPACs are coming back, and they’re rushing to capitalize on market excitement surrounding crypto, even as many past crypto-related SPAC mergers have flopped. A flurry of blank check companies has announced mergers with newly formed cryptocurrency...read more
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
This week was another slow week for pricings, with two companies making their public debut, along with three SPACs. WeRide (WRD) was set to break the August drought for large IPOs, but pushed back its expected pricing date to next week. Six new companies and...read more
Cantor Equity Partners, the latest blank check company formed by Cantor Fitzgerald, raised $100 million by offering 10 million shares at $10, as expected. Unlike most SPACs, the offering did not contain warrants or rights. The trust is funded at $10 per share. ...read more
SPACs double down on crypto, even as past mergers underperform
SPACs are coming back, and they’re rushing to capitalize on market excitement surrounding crypto, even as many past crypto-related SPAC mergers have flopped. A flurry of blank check companies has announced mergers with newly formed cryptocurrency...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
US IPO Weekly Recap: WeRide reschedules while six new filers join the pipeline
This week was another slow week for pricings, with two companies making their public debut, along with three SPACs. WeRide (WRD) was set to break the August drought for large IPOs, but pushed back its expected pricing date to next week. Six new companies and...read more
SPAC Cantor Equity Partners prices $100 million IPO
Cantor Equity Partners, the latest blank check company formed by Cantor Fitzgerald, raised $100 million by offering 10 million shares at $10, as expected. Unlike most SPACs, the offering did not contain warrants or rights. The trust is funded at $10 per share. ...read more