Six IPOs and two SPACs priced this week. One IPO and one SPAC submitted filings. Sandwich chain Jersey Mike’s Subs (JMKE) priced at the midpoint to raise $1.0 billion at a $7.3 billion market cap. Backed by Blackstone, Jersey Mike's is a fast-casual...read more
Churchill Capital XIII, a blank check company founded by dealmaker and former Citi executive Michael Klein, raised $360 million by offering 36 million units at $10. The SPAC had previously planned to raise $300 million by selling 30 million units. Each unit...read more
Three IPOs and three SPACs priced this week. Seven IPOs and three SPACs submitted filings. This comes amid a backdrop of poor aftermarket returns from several recent listings, with SpaceX (SPCX) now below its IPO price, and SK hynix (SKHY) falling below its ...read more
Churchill Capital XIII, a blank check company founded by dealmaker and former Citi executive Michael Klein, filed on Wednesday with the SEC to raise up to $300 million in an initial public offering. The company plans to raise $300 million by offering 30...read more
US IPO Weekly Recap: Jersey Mike’s and Reformation underwhelm
Six IPOs and two SPACs priced this week. One IPO and one SPAC submitted filings. Sandwich chain Jersey Mike’s Subs (JMKE) priced at the midpoint to raise $1.0 billion at a $7.3 billion market cap. Backed by Blackstone, Jersey Mike's is a fast-casual...read more
Michael Klein's latest SPAC Churchill Capital Corp XIII prices upsized $360 million IPO
Churchill Capital XIII, a blank check company founded by dealmaker and former Citi executive Michael Klein, raised $360 million by offering 36 million units at $10. The SPAC had previously planned to raise $300 million by selling 30 million units. Each unit...read more
US IPO Weekly Recap: Csquare and Standard Nuclear both underwhelm amid cautious market
Three IPOs and three SPACs priced this week. Seven IPOs and three SPACs submitted filings. This comes amid a backdrop of poor aftermarket returns from several recent listings, with SpaceX (SPCX) now below its IPO price, and SK hynix (SKHY) falling below its ...read more
Michael Klein's SPAC Churchill Capital XIII files for a $300 million IPO
Churchill Capital XIII, a blank check company founded by dealmaker and former Citi executive Michael Klein, filed on Wednesday with the SEC to raise up to $300 million in an initial public offering. The company plans to raise $300 million by offering 30...read more