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Executive Network Partnering Corp., a blank check company formed by Paul Ryan, Solamere Capital, and Vivint Solar co-founder Alex Dunn, raised $360 million by offering 14.4 million units, which the company calls CAPS (Capital which Aligns and Partners with a Sponsor), at $25. The company offered 2.4 million more CAPS than anticipated. Each CAPS consists of one share of...read more

Two foreign electric vehicle makers and three SPACs went public this past week. A wave of filings brought 27 companies into the IPO pipeline. Xpeng (XPEV), a Chinese electric vehicle maker, upsized and priced above the range to raise $1.5 billion at an $11.2 billion market cap. While the company has yet to achieve positive gross margins, its P7 model has seen...read more

The IPO market is in for a busy fall. Sign up for a free trial of IPO Pro for access to our IPO calendar, alerts on new IPO content, screening, and more. read more

Executive Network Partnering Corp., a blank check company formed by Paul Ryan, Solamere Capital, and Vivint Solar co-founder Alex Dunn, filed on Monday with the SEC to raise up to $300 million in an initial public offering. The Boston, MA-based company plans to raise $300 million by offering 12 million units, which the company calls CAPS (Capital which Aligns and Partners with...read more