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US IPO Weekly Recap: Chinese hotel chain leads a 3 IPO week

INTS

Three IPOs and one SPAC began trading this past week, though neither of the scheduled biotechs made it to market as Intensity Therapeutics (INTS) postponed and Acrivon Therapeutics (ACRV) delayed its pricing. One IPO and two SPACs submitted initial filings. In the pipeline, large IPOs KinderCare Learning Companies (KLC),...read more

SPAC Alkaid Acquisition files for a $50 million IPO, targeting IoT, manufacturing, and energy

Alkaid Acquisition, a blank check company targeting IoT, smart manufacturing, and renewable energy, filed on Thursday 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 and one right to receive one-fifth of a right upon...read more

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