SPKLU 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

Spark I Acquisition, a blank check company formed by SparkLabs Group targeting late-stage tech startups with ties to Asia, raised $100 million by offering 10 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 and Chairman James Rhee, a Partner at startup...read more

There was one pricing this past week, although it did not meet the criteria for our IPO stats. Two small IPOs and two SPACs submitted initial filings. While not included in our stats, Hong Kong-based wealth manager Prestige Wealth (PWM) raised $5 million at a $45 million market cap. The company provides wealth management and asset management services primarily to...read more

Spark I Acquisition, a blank check company formed by SparkLabs Group targeting late-stage tech startups with ties to Asia, filed on Friday with the SEC to raise up to $100 million in an initial public offering. The Palo Alto, CA-based company plans to raise $100 million by offering 10 million units at $10. Each unit consists of one share of common stock and one-half of a warrant,...read more