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Industrial technology SPAC NewHold Investment II prices $175 million IPO

NHICU

NewHold Investment II, the second blank check company formed by NewHold Enterprises targeting industrial technology, raised $175 million by offering 17.5 million units at $10. Each unit consists of one share of common stock and one-half of a warrant, exercisable at $11.50. The company is led by CEO Kevin Charlton, who is the Co-Chairman of NewHold...read more

Industrial technology SPAC NewHold Investment II files for a $175 million IPO

NHLDU

NewHold Investment II, the second blank check company formed by NewHold Enterprises targeting industrial technology, filed on Wednesday with the SEC to raise up to $175 million in an initial public offering. The Houston, TX-based company plans to raise $175 million by offering 17.5 million units at $10. Each unit consists of one share of common stock and one-fourth of a warrant...read more

US IPO Weekly Recap: Vital Farms pops 60% in a 7 IPO week

ALVR

Seven IPOs and five SPACs entered the public markets this week led by top performer Vital Farms (VITL), which popped 60% in its public debut. Vital Farms (VITL), the largest US producer of pasture-raised eggs, upsized and priced above the upwardly revised range to raise $205 million at a $991 million market cap. The company, which is both a public benefit...read more

Industrial technology SPAC NewHold Investment prices $150 million IPO at $10

NHICU

NewHold Investment, a blank check company formed by NewHold Enterprises targeting an industrial technology business, raised $150 million by offering 15 million units at $10. Each unit consists of one share of common stock and one-half of a warrant, exercisable at $11.50. Anchor investors NewHold Enterprises, Magnetar Capital, UBS O'Connor, and Mint Tower Capital...read more