The last major IPO of August priced this week, joined by a direct listing and two SPACs. One sizable issuer joined the pipeline. Defense tech roll-up Lyntris (LNYX) priced its downsized IPO below the range to raise $298 million at a $2.0 billion market cap....read more
Karman Line Acquisition, a blank check company backed by Meteora Capital targeting aerospace and defense, raised $200 million by offering 20 million units at $10. Each unit consists of one share of common stock and one-half of a warrant, exercisable at $11.50. ...read more
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
Karman Line Acquisition, a blank check company backed by Meteora Capital targeting aerospace and defense, filed on Monday with the SEC to raise up to $200 million in an initial public offering. The company plans to raise $200 million by offering 20...read more
US IPO Weekly Recap: Lyntris and First Breach lead a defense-heavy week
The last major IPO of August priced this week, joined by a direct listing and two SPACs. One sizable issuer joined the pipeline. Defense tech roll-up Lyntris (LNYX) priced its downsized IPO below the range to raise $298 million at a $2.0 billion market cap....read more
SPAC Karman Line Acquisition prices $200 million IPO, targeting aerospace and defense
Karman Line Acquisition, a blank check company backed by Meteora Capital targeting aerospace and defense, raised $200 million by offering 20 million units at $10. Each unit consists of one share of common stock and one-half of a warrant, exercisable at $11.50. ...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
SPAC Karman Line Acquisition files for a $200 million IPO, targeting aerospace and defense
Karman Line Acquisition, a blank check company backed by Meteora Capital targeting aerospace and defense, filed on Monday with the SEC to raise up to $200 million in an initial public offering. The company plans to raise $200 million by offering 20...read more