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US IPO Weekly Recap: The IPO market’s quiet streak continues with just 3 SPACs

The IPO market was quiet again this past week with just three SPAC pricings. Pipeline activity picked up slightly from recent weeks, as four IPOs and three SPACs submitted initial filings. Three SPACs came to market: Lakeshore Acquisition II (LBBBU), the second SPAC founded by Chinese investor Bill Chen, raised $60 million; ...read more

SPAC Nubia Brand International prices upsized $110 million IPO, targeting wireless telecommunications

Nubia Brand International, a blank check company targeting the wireless telecommunications sphere, raised $110 million by offering 11 million units at $10. The company offered 1 million more units than anticipated. Each unit consists of one share of common stock and one-half of a warrant, exercisable at $11.50. The company is led by ...read more

SPAC Nubia Brand International files for a $100 million IPO, targeting wireless telecommunications

Nubia Brand International, a blank check company targeting the wireless telecommunications sphere, filed on Tuesday with the SEC to raise up to $100 million in an initial public offering. The Dallas, TX- based company plans to raise $100 million by offering 10 million units at $10. Each unit consists of one share of common stock and one-half of a warrant, exercisable at $11.50. At...read more

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