CHACU News

This past week the 2018 IPO market came to a close, as three IPOs and three SPACs raised a combined $1.6 billion. The three IPOs all had weak trading. Tencent Music Entertainment (TME) was the week's big deal, raising $1.1 billion, the year's fourth billion-dollar US IPO from a Chinese company. Spun out of Tencent, the music streaming provider has top...read more

Chardan Healthcare Acquisition, a blank check company formed by Chardan to acquire a healthcare business, raised $70 million by offering 7.0 million units at $10. Each unit consists of one share of common stock and one warrant to purchase one half of one share of common stock at $11.50. Chardan Healthcare Acquisition plans to list on the NYSE American under the symbol CHACU....read more

There are three IPOs and two SPACs expected to price this week, the most notable of which is Tencent Music, China's largest online music-streaming service. Tencent's long-anticipated IPO is the latest in a long...read more

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