JFKKU News

All eyes were on Lyft (LYFT) as it priced its IPO, along with two biotechs, Genfit (GNFT) and Precision BioSciences (DTIL), in a week that saw positive IPO returns across the board. 8i Enterprises Acquisition (JFKKU) a blank check targeting a high-growth business in Asia also priced its IPO this...read more

8i Enterprises Acquisition, a blank check company backed by 8i Capital and targeting a high-growth business in Asia, raised $50 million by offering 5 million shares at $10, commanding a market value of $65 million. Each unit consists of one share of common stock, one warrant, and one right to receive shares at the closing of an initial business combination. Two warrants are...read more

The long-awaited IPO of rideshare giant Lyft (LYFT) will finally hit the market in the week ahead. In total, three IPOs plan to raise roughly $2.3 Billion in the IPO market, a further signal of an IPO market continuing to heat up after roughly $858 million was raised last week led by Levi Strauss (LEVI). A blank check company is also expected to list this...read more

8i Enterprises Acquisition, a blank check company led by James Tan and targeting the Asian region, filed on Friday with the SEC to raise up to $50 million in an initial public offering. The Singapore-based company plans to raise $50 million by offering 5 million units at a price of $10. At $10, 8i Enterprises Acquisition would command a market value of $65 million. Each unit...read more