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MCAF News
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Polestar trading holds up in the weeks since its SPAC listing; here’s how the electric vehicle maker stacks up against others
Swedish electric vehicle developer Polestar Automotive (PSNY) began trading on the Nasdaq on June 24 after completing one of the largest-ever SPAC mergers, a deal that valued the company at $20 billion. Including the PIPE, Polestar received about $890 million from the transaction, making it the year’s largest de-SPAC by money raised, with a relatively low...read more
Online PC utilities provider McAfee.com prices at $12
McAfee.com, a provider of online PC utilities primarily serving individual consumers, priced its initial public offering of 6.25mm shares at $12. The original filing range was $6 to $8 but was raised to $10 to $12 in the face of strong demand....read more
Online PC applications provider McAfee.com raises range to $10-12 for trading Thursday
McAfee.com, provider of online PC utility applications (e.g. anti-virus), raised the range in its offering of 6.25mm shares to $10-12, up from $6-8. The stock is scheduled to begin trading Thursday. Morgan Stanley is the lead underwriter....read more