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
Inflection Point Acquisition III, the third blank check company led by Michael Blitzer targeting disruptive growth sectors, raised $220 million by offering 22 million units at $10. Each unit consists of one share of common stock and one right to receive...read more
Six IPOs and one SPAC listed this week. One IPO and two SPACs submitted initial filings. China-based robotaxi developer Pony AI (PONY) priced its upsized $260 million IPO at the top of the range, at a $5.1 billion market cap. Through partnerships with...read more
Inflection Point Acquisition III, the third blank check company led by Michael Blitzer targeting disruptive growth sectors, filed on Monday with the SEC to raise up to $220 million in an initial public offering. The New York, NY-based company plans to...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
Michael Blitzer's SPAC Inflection Point Acquisition III prices $220 million IPO
Inflection Point Acquisition III, the third blank check company led by Michael Blitzer targeting disruptive growth sectors, raised $220 million by offering 22 million units at $10. Each unit consists of one share of common stock and one right to receive...read more
US IPO Weekly Recap: Robotaxi developer and potash miner lead 6 IPO holiday week
Six IPOs and one SPAC listed this week. One IPO and two SPACs submitted initial filings. China-based robotaxi developer Pony AI (PONY) priced its upsized $260 million IPO at the top of the range, at a $5.1 billion market cap. Through partnerships with...read more
Michael Blitzer's SPAC Inflection Point Acquisition III files for a $220 million IPO
Inflection Point Acquisition III, the third blank check company led by Michael Blitzer targeting disruptive growth sectors, filed on Monday with the SEC to raise up to $220 million in an initial public offering. The New York, NY-based company plans to...read more