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EBON News

Blockchain boom: Crypto comes to market with IPOs and SPAC mergers

IREN

Spurred on by soaring Bitcoin prices in the last year, crypto-focused companies are taking the ball and running with it – right to the public markets. Since 2019, seven crypto-focused companies have completed traditional IPOs, one has direct listed, and four have gone public via SPAC merger. The group features an array of Bitcoin miners (CORZ, IREN, SDIG, ARBK,...read more

US IPO Week Ahead: Time off for the Holidays

HFEN

The US IPO market seems to be hitting the pause button to recognize the holidays, with no companies on the calendar to price in the coming week. However, there is still a possibility that certain SPACs or Chinese deals launch early in the week to price by Christmas Eve. Though launches and pricings may take a brief respite, we will be on the lookout for filings over the holiday...read more

US IPO Weekly Recap: Agora pops 153% while Albertsons falls flat in a 6 IPO week

API

Six IPOs raised a combined $1.7 billion this past week, all of which began trading on Friday in the single busiest day of 2020 so far. API platform Agora (API) skyrocketed 153% in the best first day pop since 2019 IPO Beyond Meat (BYND).  Albertsons (ACI) finally managed to go public, its third attempt, after slashing its price and deal...read more

Crypto mining company Ebang International prices US IPO slightly below midpoint at $5.23

EBON

Ebang International Holdings, which makes equipment for cryptocurrency mining in China, raised $101 million by offering 19.3 million shares at $5.23, slightly below the midpoint of the range of $4.50 to $6.50. The company offered 59,000 fewer shares than anticipated. At pricing, the company commands a market value of $685 million. Ebang International Holdings plans to list on...read more