Two IPOs, one direct listing, and three SPACs came to the market this past week, and one major issuer joined the pipeline. PayPay (PAYP) priced its IPO below the range to raise $880 million at a $10.8 billion diluted market cap. Backed by SoftBank, PayPay is ...read more
SUMA Acquisition, a blank check company targeting technology in North America, raised $150 million by offering 15 million units at $10. Each unit consists of one share of common stock and one right to receive one-fifth of a share upon the completion of an...read more
Two operating companies priced IPOs this week, along with six SPACs. Digital asset infrastructure provider BitGo (BTGO) priced its US IPO above the range to raise $213 million at a $2.2 billion market cap. The company provides a digital asset...read more
SUMA Acquisition, a blank check company targeting technology in North America, filed on Tuesday with the SEC to raise up to $150 million in an initial public offering. The Toronto, Canada-based company plans to offer 15 million units at a price of $10. Each...read more
US IPO Weekly Recap: PayPay prices US IPO below the range but climbs 32%
Two IPOs, one direct listing, and three SPACs came to the market this past week, and one major issuer joined the pipeline. PayPay (PAYP) priced its IPO below the range to raise $880 million at a $10.8 billion diluted market cap. Backed by SoftBank, PayPay is ...read more
SPAC SUMA Acquisition prices $150 million IPO, targeting technology in North America
SUMA Acquisition, a blank check company targeting technology in North America, raised $150 million by offering 15 million units at $10. Each unit consists of one share of common stock and one right to receive one-fifth of a share upon the completion of an...read more
US IPO Weekly Recap: Equipment rental rises while crypto company crashes in 2-IPO week
Two operating companies priced IPOs this week, along with six SPACs. Digital asset infrastructure provider BitGo (BTGO) priced its US IPO above the range to raise $213 million at a $2.2 billion market cap. The company provides a digital asset...read more
SPAC SUMA Acquisition files for a $150 million IPO, targeting technology in North America
SUMA Acquisition, a blank check company targeting technology in North America, filed on Tuesday with the SEC to raise up to $150 million in an initial public offering. The Toronto, Canada-based company plans to offer 15 million units at a price of $10. Each...read more