Two small issuers began trading this past week, one of which is eligible for inclusion in our IPO stats, joined by one blank check IPO. Three small IPOs and one SPAC submitted initial filings. Though there were no large launches or pricings, three issuers on file to raise $100+ million disclosed updated financials: Chinese pet hospital company New Ruipeng Pet Group...read more
AI Transportation Acquisition, a blank check company targeting the AI transportation industry, filed on Wednesday with the SEC to raise up to $50 million in an initial public offering. The New York, NY-based company plans to raise $50 million by offering 5 million units at $10. Each unit consists of one share of common stock, one right to receive one-tenth of a share upon the...read more
US IPO Weekly Recap: Two small deals begin trading as big IPOs wait in the wings
Two small issuers began trading this past week, one of which is eligible for inclusion in our IPO stats, joined by one blank check IPO. Three small IPOs and one SPAC submitted initial filings. Though there were no large launches or pricings, three issuers on file to raise $100+ million disclosed updated financials: Chinese pet hospital company New Ruipeng Pet Group...read more
SPAC AI Transportation Acquisition files for a $50 million IPO, targeting intelligent transportation
AI Transportation Acquisition, a blank check company targeting the AI transportation industry, filed on Wednesday with the SEC to raise up to $50 million in an initial public offering. The New York, NY-based company plans to raise $50 million by offering 5 million units at $10. Each unit consists of one share of common stock, one right to receive one-tenth of a share upon the...read more