The US IPO market entered the final stretch of the year with a few small listings, a wave of SPACs, and three notable deal launches on the calendar for the week ahead (CDNL, LMRI, WLTH). AI developer Anthropic, last valued at $183 billion, sent shockwaves ...read more
General Purpose Acquisition, a blank check company targeting maritime businesses and digital infrastructure, raised $200 million by offering 20 million units at $10.00. Each unit consists of one share of common stock and one-half of one warrant, exercisable at...read more
Despite the government shutdown, there was a healthy amount of IPO activity this week. Six IPOs debuted this week, including two direct listings. Two IPOs and nine SPACs submitted filings. Singapore-based software seller TechCreate Group (TCGL) priced its...read more
General Purpose Acquisition, a blank check company targeting maritime businesses and digital infrastructure, filed on Tuesday with the SEC to raise up to $200 million in an initial public offering. The company plans to raise $200 million by offering 20 million ...read more
US IPO Weekly Recap: December kicks off with 3 notable launches in a week with 7 SPACs
The US IPO market entered the final stretch of the year with a few small listings, a wave of SPACs, and three notable deal launches on the calendar for the week ahead (CDNL, LMRI, WLTH). AI developer Anthropic, last valued at $183 billion, sent shockwaves ...read more
Maritime-focused SPAC General Purpose Acquisition prices $200 million IPO
General Purpose Acquisition, a blank check company targeting maritime businesses and digital infrastructure, raised $200 million by offering 20 million units at $10.00. Each unit consists of one share of common stock and one-half of one warrant, exercisable at...read more
US IPO Weekly Recap: 6 deals list in face of government shutdown
Despite the government shutdown, there was a healthy amount of IPO activity this week. Six IPOs debuted this week, including two direct listings. Two IPOs and nine SPACs submitted filings. Singapore-based software seller TechCreate Group (TCGL) priced its...read more
Maritime-focused SPAC General Purpose Acquisition files for a $200 million IPO
General Purpose Acquisition, a blank check company targeting maritime businesses and digital infrastructure, filed on Tuesday with the SEC to raise up to $200 million in an initial public offering. The company plans to raise $200 million by offering 20 million ...read more