One IPO and four SPACs debuted this week. One small IPO and four SPACs submitted initial filings. Hong Kong beauty products retailer Pitanium (PTNM) priced its US IPO at the bottom of the range to raise $7 million at a $91 million market cap. The...read more
Kochav Defense Acquisition, a blank check company targeting the defense and aerospace industries, raised $220 million by offering 22 million units at $10. Each unit consists of one share of common stock and one right to receive one-seventh of a share upon...read more
While the IPO window all but closed over the past month, SPAC activity has held a brisk pace. So far this month, thirteen new blank check companies have filed to go public, slightly above March (12), and nearly quadruple last April (3). Similarly, seven SPACs...read more
Kochav Defense Acquisition, a blank check company targeting the defense and aerospace industries, filed on Friday with the SEC to raise up to $220 million in an initial public offering. The New York, NY-based company plans to raise $220 million by offering 22...read more
US IPO Weekly Recap: 1 IPO and 4 SPACs list to close out May
One IPO and four SPACs debuted this week. One small IPO and four SPACs submitted initial filings. Hong Kong beauty products retailer Pitanium (PTNM) priced its US IPO at the bottom of the range to raise $7 million at a $91 million market cap. The...read more
Defense and aerospace SPAC Kochav Defense Acquisition prices $220 million IPO
Kochav Defense Acquisition, a blank check company targeting the defense and aerospace industries, raised $220 million by offering 22 million units at $10. Each unit consists of one share of common stock and one right to receive one-seventh of a share upon...read more
New SPAC activity holds steady even as traditional IPOs delay
While the IPO window all but closed over the past month, SPAC activity has held a brisk pace. So far this month, thirteen new blank check companies have filed to go public, slightly above March (12), and nearly quadruple last April (3). Similarly, seven SPACs...read more
Defense and aerospace SPAC Kochav Defense Acquisition files for a $220 million IPO
Kochav Defense Acquisition, a blank check company targeting the defense and aerospace industries, filed on Friday with the SEC to raise up to $220 million in an initial public offering. The New York, NY-based company plans to raise $220 million by offering 22...read more