One NYSE American uplisting and one SPAC began trading this past week. Four IPOs joined the IPO pipeline, led by large biotech Prime Medicine (PRME). Several other small deals had been targeting debuts this past week but did not get done. While potentially unrelated, the delays come in the wake of reports that the Nasdaq would be stepping up its scrutiny of small...read more
Global Star Acquisition, a blank check company focused on fintech and proptech in the Nordic and APAC regions, raised $80 million by offering 8.0 million units at $10. Each unit contains one share of common stock, one warrant exercisable at $11.50, and one right to receive one-tenth of a share upon the completion of an initial business combination. Global Star Acquisition...read more
Global Star Acquisition, a blank check company focusing on fintech and proptech in the Nordic and APAC regions, filed on Friday with the SEC to raise up to $80 million in an initial public offering. The company plans to raise $80 million by offering 8 million units at $10. Each unit contains one share of common stock, one warrant, exercisable at $11.50, and one right to receive one...read more
US IPO Weekly Recap: One small IPO begins trading while several others delay
One NYSE American uplisting and one SPAC began trading this past week. Four IPOs joined the IPO pipeline, led by large biotech Prime Medicine (PRME). Several other small deals had been targeting debuts this past week but did not get done. While potentially unrelated, the delays come in the wake of reports that the Nasdaq would be stepping up its scrutiny of small...read more
SPAC Global Star Acquisition prices $80 million IPO, targeting Nordic and APAC tech
Global Star Acquisition, a blank check company focused on fintech and proptech in the Nordic and APAC regions, raised $80 million by offering 8.0 million units at $10. Each unit contains one share of common stock, one warrant exercisable at $11.50, and one right to receive one-tenth of a share upon the completion of an initial business combination. Global Star Acquisition...read more
SPAC Global Star Acquisition files for a $80 million IPO, targeting fintech and proptech
Global Star Acquisition, a blank check company focusing on fintech and proptech in the Nordic and APAC regions, filed on Friday with the SEC to raise up to $80 million in an initial public offering. The company plans to raise $80 million by offering 8 million units at $10. Each unit contains one share of common stock, one warrant, exercisable at $11.50, and one right to receive one...read more