MRT News

Galata Acquisition, a blank check company formed by Callaway Capital and Weiss targeting financials and fintech in emerging markets, raised $125 million by offering 12.5 million units at $10. Units consist of one share of common stock and one-half of a warrant exercisable at $11.50.  The SPAC is sponsored by Washington, DC-based Callaway Capital Management and...read more

Galata Acquisition, a blank check company formed by Callaway Capital and Weiss targeting financials and fintech in emerging markets, filed on Friday with the SEC for an initial public offering. The SPAC plans to raise $125 million by offering 12.5 million units at a price of $10, where it would command a market value of $156 million. Units consist of one share of common stock...read more

The third quarter finished with the year's best first-day pop as Nutanix spiked 131% on Friday. September ended as the most active month of 2016 both in terms of IPO pricings (16) and initial filings (18). Nutanix's incredible first-day performance was a fitting end to a quarter marked by the return of tech IPOs and 41% average returns. ...read more

MedEquities Realty Trust, a recently-formed REIT focused on health care properties in Texas and California, raised $239 million by offering 19.9 million shares at $12, the low end of the range of $12 to $14. MedEquities Realty Trust plans to list on the NYSE under the symbol MRT. FBR Capital Markets, J.P. Morgan, Citi and KeyBanc Capital Markets acted as lead managers on the deal....read more