ZTAQU News

The IPO market was in full swing this past week as 16 IPOs and six SPACs went public. The IPO pipeline cooled down with just one IPO and nine SPACs submitting initial filings. The largest deal of the week, Lyell Immunopharma (LYEL) priced at the midpoint to raise $425 million at a $4.7 billion market cap. The company is using proprietary genetic and...read more

Zimmer Energy Transition Acquisition, a blank check company formed by Zimmer Partners targeting the energy transition and sustainability space, raised $300 million by offering 30 million units at $10. The company had originally filed to raise $350 million, before lowering its deal terms last week. Each unit consists of one share of common stock and one-third of a warrant,...read more

Zimmer Energy Transition Acquisition, a blank check company formed by Zimmer Partners targeting the energy transition and sustainability space, lowered the proposed deal size for its upcoming IPO on Monday. The New York, NY-based company now plans to raise $300 million by offering 30 million units at $10. The company had previously filed to offer 35 million units at the same price....read more

Zimmer Energy Transition Acquisition, a blank check company formed by Zimmer Partners targeting the energy transition and sustainability space, filed on Thursday with the SEC to raise up to $350 million in an initial public offering. The New York, NY-based company plans to raise $350 million by offering 35 million units at $10. Each unit consists of one share of common stock...read more