Two IPOs and nine SPACs debuted this week. One IPO and six SPACs submitted initial filings. Chinese insurance distributor Yuanbao (YB) priced its US IPO at the top of the range to raise $30 million at a $788 million market cap. The company specializes in...read more
Gores Holdings X, a blank check company formed by The Gores Group, raised $312 million by offering 31.2 million units at $10. The company offered 5.2 million more units than anticipated. Each unit consists of one share of common stock and one-fourth of a...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
Seven IPOs and one SPAC debuted this week. One IPO and three SPACs submitted initial filings. Chinese education software provider Ruanyun Edai Technology (RYET) priced its US IPO at the low end to raise $15 million at a $135 million market cap. Focusing on K-...read more
US IPO Weekly Recap: Flurry of SPACs list and submit filings amid otherwise quiet IPO market
Two IPOs and nine SPACs debuted this week. One IPO and six SPACs submitted initial filings. Chinese insurance distributor Yuanbao (YB) priced its US IPO at the top of the range to raise $30 million at a $788 million market cap. The company specializes in...read more
The Gores Group's SPAC Gores Holdings X prices upsized $312 million IPO
Gores Holdings X, a blank check company formed by The Gores Group, raised $312 million by offering 31.2 million units at $10. The company offered 5.2 million more units than anticipated. Each unit consists of one share of common stock and one-fourth of a...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: Flurry of small issuers list, despite heightened market volatility
Seven IPOs and one SPAC debuted this week. One IPO and three SPACs submitted initial filings. Chinese education software provider Ruanyun Edai Technology (RYET) priced its US IPO at the low end to raise $15 million at a $135 million market cap. Focusing on K-...read more