LASE News

There are currently no IPOs scheduled for the first week of October. The calendar may be quiet, but you can still stay on top of the IPO market by reading our 3Q 2022 US IPO Market Review, which provides detailed analysis of US IPO activity during the past...read more

Two SPACs began trading this past week, joined by a nano-cap IPO which is excluded from our stats. The biggest news of the week came from Intel’s Mobileye (MBLY), which filed for an IPO we estimate could raise up to $2.5 billion. Mobileye provides a portfolio of advanced driver assistance systems (ADAS) and autonomous driving solutions is built upon a...read more

Laser Photonics, which manufactures laser-based systems for industrial cleaning and rust removal, raised $15 million by offering 3 million shares at $5. At pricing, the company commands a market value of $39 million.  The company claims it is pioneering a new generation of laser blasting technologies focused on disrupting the sandblasting and abrasives blasting markets. It...read more

Following the year's largest IPO to date (CRBG), four small deals may price in the week ahead, only two of which are large enough to be included in our IPO stats. Neuro-inflammation biotech Jupiter Neurosciences (JUNS) plans to raise $15 million at a $62 million market cap. Jupiter's sole candidate, JOTROL, is being developed for various neuro and rare disease...read more