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US golf club maker Sacks Parente Golf sets terms for $20 million IPO

SPGC

Sacks Parente Golf, which designs and manufactures premium golf putters, announced terms for its IPO on Friday. The Camarillo, CA-based company plans to raise $20 million by offering 4.4 million shares at a price range of $4 to $5. At the midpoint of the proposed range, Sacks Parente Golf would command a market value of $88 million. The company states that its shaft and putter...read more

US IPO Weekly Recap: August Kicks off with a 2 IPO week

MEGL

Two deals priced this week, but only one met the criteria to be included in our 2022 IPO stats. Four new filings, including two offering units, also trickled into the pipeline.  Hong Kong-based Magic Empire Global (MEGL) completed a US offering at its proposed price of $4 to raise $20 million at an $80 million market cap. Doing business as Giraffe Capital,...read more

Putt up or shut up: US golf club maker Sacks Parente Golf files for a $15 million IPO

SPGC

Sacks Parente Golf, which designs and manufactures premium golf putters, filed on Friday with the SEC to raise up to $15 million in an initial public offering. The company states that its shaft and putter technology was shown by The Golf Lab to improve players' ability to make putts, feel of the putter head, stroke, face angle at impact, and consistency for distance control. The...read more

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