FMAC.U News

Seven IPOs and 10 SPACs went public this past week. The IPO pipeline remained active, with 11 IPOs and 22 SPACs submitting initial filings. Phase 2 biotech Kronos Bio (KRON) priced above the range to raise $250 million at a $1.1 billion market cap. The biotech is developing therapies targeting dysregulated transcription factors for leukemia and solid tumor...read more

FirstMark Horizon Acquisition, a blank check company formed by FirstMark Capital, raised $360 million by offering 36 million units at $10. The company offered 6 million more units than anticipated. Each unit consists of one share of common stock and one-third of a warrant, exercisable at $11.50. The company is led by ...read more

FirstMark Horizon Acquisition, a blank check company formed by FirstMark Capital targeting a US-based tech business, filed on Friday with the SEC to raise up to $300 million in an initial public offering. The New York, NY-based company company plans to raise $300 million by offering 30 million units at $10. Each unit consists of one share of common stock and one-third of a...read more