IPOF.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

Social Capital Hedosophia Holdings VI, the sixth blank check company formed by Social Capital and Hedosophia targeting a tech business, raised $1.0 billion by offering 100 million units at $10. Each unit consists of one share of common stock and one-quarter of a warrant, exercisable at $11.50. The company is led by ...read more

Social Capital Hedosophia Holdings VI, the sixth blank check company formed by Social Capital and Hedosophia targeting a tech business, filed on Friday with the SEC to raise up to $1.0 billion in an initial public offering. The Palo Alto, CA-based company plans to raise $1.0 billion by offering 100 million units at $10. Each unit consists of one share of common stock and...read more