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ANDAU News

US IPO Weekly Recap: The SEC opens and New Fortress Energy is first through the door

NFE

With the government shutdown temporarily over, the SEC opened on Monday and IPO launches began to trickle onto the calendar, including billion-dollar biotech Alector (ALEC) and Virgin Trains USA (VTUS) . The first IPO of 2019, New Fortress Energy (NFE), priced its $280 million IPO at $14, well below the initial range, and...read more

Latin America blank check Andina Acquisition III prices $100 million US IPO at $10

ANDAU

Andina Acquisition III, a blank check company formed to acquire a business in Latin America, raised $100 million by offering 10 million shares at $10. Andina Acquisition III plans to list on the Nasdaq under the symbol ANDAU. Cowen and Craig-Hallum Capital Group acted as lead managers on the deal. ...read more

US IPO Week Ahead: A narrow window opens for a February IPO wave

PVT.U

• With the SEC open, a wave of biotech IPOs may try price before mid-February • Two blank check companies are scheduled to raise a combined $300 million • Gossamer Bio and New Fortress Energy are set for mid-February IPOs, but could come sooner IPOs are back in business. The...read more

US IPO Weekly Recap: A quiet week ahead of 2018's final stretch

MRNA

No companies went public this past week, during the post-Thanksgiving lull. Three healthcare deals joined the IPO calendar for next week. Messenger RNA developer Moderna (MRNA) is the week's largest offering, aiming to raise $500 million in the biggest biotech IPO...read more