LEAP.U News

One IPO and nine SPACs went public this past week. Thirteen IPOs and eleven SPACs submitted initial filings as the IPO market gears up for a busy September.  Canadian cloud-based POS software provider Lightspeed POS (LSPD) raised $355 million at a $3.2 billion market cap. The company priced slightly below the as-converted last close of its...read more

Ribbit LEAP, a blank check company formed by Ribbit Capital targeting a fintech business, raised $350 million by offering 35 million units at $10. Each unit consists of one share of common stock and one-fifth of a warrant, exercisable at $11.50. The company may raise an additional $100 million at the closing of an acquisition pursuant to a forward purchase agreement with Ribbit...read more

Ribbit LEAP, a blank check company formed by Ribbit Capital targeting a fintech business, filed on Tuesday with the SEC to raise up to $350 million in an initial public offering. The Palo Alto, CA-based company plans to raise $350 million by offering 35 million units at a price of $10. Each unit consists of one share and one-fifth of a warrant, exercisable at $11.50. At the...read more