It was a good week for growth IPOs. Two VC-backed companies debuted on US exchanges this week, both of which priced at the top of the range and traded up. They were joined by two smaller deals and four SPACs. The year's first tech IPO with substantial VC...read more
ProCap Acquisition, a blank check company led by the founder of investment firm Professional Capital Management, raised $220 million by offering 22 million units at $10. The company offered 2 million more units than anticipated. Each unit consists of one...read more
Two IPOs and nine SPACs debuted this week. One IPO and six SPACs submitted initial filings. Chinese insurance distributor Yuanbao (YB) priced its US IPO at the top of the range to raise $30 million at a $788 million market cap. The company specializes in...read more
ProCap Acquisition, a blank check company led by the founder of investment firm Professional Capital Management, filed on Wednesday with the SEC to raise up to $200 million in an initial public offering. The New York, NY-based company plans to raise $200...read more
US IPO Weekly Recap: Year's first VC-backed tech IPO MNTN gains 73%
It was a good week for growth IPOs. Two VC-backed companies debuted on US exchanges this week, both of which priced at the top of the range and traded up. They were joined by two smaller deals and four SPACs. The year's first tech IPO with substantial VC...read more
Financial services SPAC ProCap Acquisition prices upsized $220 million IPO
ProCap Acquisition, a blank check company led by the founder of investment firm Professional Capital Management, raised $220 million by offering 22 million units at $10. The company offered 2 million more units than anticipated. Each unit consists of one...read more
US IPO Weekly Recap: Flurry of SPACs list and submit filings amid otherwise quiet IPO market
Two IPOs and nine SPACs debuted this week. One IPO and six SPACs submitted initial filings. Chinese insurance distributor Yuanbao (YB) priced its US IPO at the top of the range to raise $30 million at a $788 million market cap. The company specializes in...read more
Financial services SPAC ProCap Acquisition files for a $200 million IPO
ProCap Acquisition, a blank check company led by the founder of investment firm Professional Capital Management, filed on Wednesday with the SEC to raise up to $200 million in an initial public offering. The New York, NY-based company plans to raise $200...read more