MYNA News

It was another busy week for the IPO market as 15 new issuers went public, with Rivian (RIVN) in the spotlight. The pre-revenue electric truck developer became the largest IPO of 2021, raising nearly $12 billion in the largest IPO since Alibaba (NYSE: BABA) in 2014, and popped 29% in its public debut. Rivian Automotive (RIVN) upsized and priced...read more

Mynaric, a German maker of laser technologies for aerospace communications networks, raised $66 million by offering 4 million ADSs at $16.50, below the as-converted last close of its shares on the Frankfurt Stock Exchange ($16.93). Mynaric believes that it is a leading developer and manufacturer of advanced laser communication technology for aerospace communications networks in...read more

The IPO market is expected to stay busy with 11 IPOs schedule to raise $10.2 billion in the week ahead.   Electric truck developer Rivian Automotive (RIVN) plans to raise $8.0 billion at a $57.1 billion market cap. This founder-led company is developing and manufacturing a portfolio of electric adventure-ready consumer and commercial SUVs, vans, and pickup...read more

Mynaric, a German maker of laser technologies for aerospace communications networks, announced terms for its IPO on Thursday. The Gilching, Germany-based company plans to raise $70 million by offering 4 million ADSs at $17.48, the as-converted last close of its shares on the Frankfurt Stock Exchange (M0Y). The CEO intends to purchase $75,000 worth of ADSs in the offering. At the...read more