QOMOU News

There are currently no IPOs scheduled for the first week of October. The calendar may be quiet, but you can still stay on top of the IPO market by reading our 3Q 2022 US IPO Market Review, which provides detailed analysis of US IPO activity during the past...read more

Two SPACs began trading this past week, joined by a nano-cap IPO which is excluded from our stats. The biggest news of the week came from Intel’s Mobileye (MBLY), which filed for an IPO we estimate could raise up to $2.5 billion. Mobileye provides a portfolio of advanced driver assistance systems (ADAS) and autonomous driving solutions is built upon a...read more

Qomolangma Acquisition, a blank check company targeting middle-market businesses with a connection to Asian markets, raised $50 million by offering 5.0 million units at $10. Qomolangma is the Tibetan name for Mount Everest. Each unit consists of one share of common stock, one right to receive one-tenth of a share upon the completion of an initial business combination, and one...read more

Qomolangma Acquisition, a blank check company targeting opportunities in Asian markets, filed on Monday with the SEC to raise up to $50 million in an initial public offering. The company plans to raise $50 million by offering 5 million units at $10. Each unit consists of one share of common stock, one right to receive one-tenth of a share upon the completion of an initial business...read more