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US IPO Weekly Recap: Tech and life sciences fare well while SmileDirectClub falls flat in 6-IPO week

MDWL.RC

In the first busy week since the August break, six companies and two SPACs entered the public market. VC-backed health and tech fared well, led by 10x Genomics (TXG) and Cloudflare (NET), while SmileDirectClub (SDC) saw its initial hype evaporate. The largest deal of the week, SmileDirectClub (SDC)...read more

Travel and leisure SPAC Experience Investment prices $250 million IPO at $10

EXPCU

Experience Investment, a blank check company led by a team from KSL Capital Partners and focused on the travel and leisure industry, raised $250 million by offering 25 million units at $10, as expected, to command a market value of $313 million. Each unit consists of one share of common stock and one-third of one warrant to purchase a share of common stock at $11...read more

Leisure SPAC Experience Investment files for a $250 million IPO

EXPCU

Experience Investment, a leisure-focused blank check company led by a team from KSL Capital Partners, filed on Friday with the SEC to raise up to $250 million in an initial public offering. The Denver, CO-based company plans to raise $250 million by offering 25 million units at a price of $10. At $10, Experience Investment would command a market value of $313 million. Each...read more

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