Renaissance Capital logo

SKGRU News

US IPO Weekly Recap: Just one small IPO as Ivanhoe Electric delays pricing

IE

The IPO market’s short week ended up being quieter than expected. Just one small IPO and one SPAC began trading, while the only major deal on the calendar delayed its pricing. Five IPOs and one SPAC submitted initial filings. Mining billionaire Robert Friedland’s Ivanhoe Electric (IE) delayed its IPO until next week, planning to raise $174 million at...read more

ESG SPAC SK Growth Opportunities prices $200 million IPO

SKGRU

SK Growth Opportunities, a blank check company backed by Korean conglomerate SK targeting ESG, raised $200 million by offering 20 million units at $10. Each unit consists of one share of common stock and one-half of a warrant, exercisable at $11.50. SK Growth Opportunities is led by CEO and Director Richard Chin, former President at SK hynix (KRX:...read more

US IPO Weekly Recap: No IPOs before the Memorial Day weekend

IE

There were no pricings ahead of the long holiday weekend, the first week with no IPOs or SPACs in over two years, by Renaissance Capital’s standards. Normally the IPO market is gearing up for a wave of post-Memorial Day launches, but new filings have been scarce in recent weeks. The pipeline got a boost from minerals exploration company Ivanhoe Electric (IE)...read more

ESG-focused SPAC SK Growth Opportunities files for a $200 million IPO

SKGRU

SK Growth Opportunities, a blank check company backed by Korean conglomerate SK targeting ESG, filed on Monday with the SEC to raise up to $200 million in an initial public offering. The company plans to raise $200 million by offering 20 million units at $10. Each unit contains one share of common stock and one-half of a warrant, exercisable at $11.50. At the proposed deal size, SK...read more

Archived Headlines