MSS News

Just one small issuer and two blank checks went public this past week, though the calendar got a billion-dollar boost. Sandal maker Birkenstock (BIRK) launched its $1.5 billion IPO on Monday morning, which would be ...read more

Maison Solutions, a specialty Asian grocer with four stores in Los Angeles County, raised $10 million by offering 2.5 million shares at $4, as expected. The company has acquired equity interests in four traditional Asian supermarkets in Los Angeles, CA, which it now operates as center retail stores with extra storage capacity to distribute to satellite locations. Its merchandise...read more

Maison Solutions, a US specialty grocer offering traditional Asian food and merchandise, raised the proposed deal size for its upcoming IPO on Friday. The Monterey Park, CA-based company now plans to raise $15 million by offering 3.8 million shares at $4. The company had previously filed to offer 3 million shares at the same price. At the revised terms, Maison Solutions will raise...read more

Two IPOs priced this past week, each raising more than $200 million, while one small issuer delayed (AZTR). They were joined by one SPAC. Six IPOs and one SPAC submitted initial filings. Leading the week, Cummins spin-off Atmus Filtration (ATMU) priced at the midpoint to raise $275 million at a $1.6 billion market cap. Primarily operating under the Fleetguard...read more