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US IPO Weekly Recap: Pipeline news disrupts an otherwise silent week for the IPO market

VFS

No IPOs began trading or submitted initial filings this past week, as the sole scheduled deal (SGE) delayed to the week ahead. While the calendar was quiet, the IPO pipeline saw some notable updates. Vietnamese EV maker VinFast (VFS) grabbed headlines on Friday when it announced plans to merge with SPAC Black Spade Acquisition (BSAQ) at a $27 billion...read more

Piano maker Steinway Musical Instruments Holdings withdraws $100 million IPO

STWY

Steinway Musical Instruments Holdings, which makes high-performance pianos and other musical instruments, withdrew its plans for an initial public offering on Tuesday. It originally filed in April 2022 with a proposed deal size of $100 million and most recently updated its prospectus this past March. Taken private in 2013, Steinway is a leading manufacturer of high-performance...read more

US IPO Weekly Recap: Two small deals begin trading as big IPOs wait in the wings

RPET

Two small issuers began trading this past week, one of which is eligible for inclusion in our IPO stats, joined by one blank check IPO. Three small IPOs and one SPAC submitted initial filings. Though there were no large launches or pricings, three issuers on file to raise $100+ million disclosed updated financials: Chinese pet hospital company New Ruipeng Pet Group...read more

US IPO Week Ahead: Quiet IPO calendar primed for post-Labor Day launches

KNW

Just two small deals are currently on the calendar, though other companies may join the September lineup in the short week ahead. OTC-listed Know Labs (KNW) plans to raise $6 million at a $123 million market cap. Know Labs is focused on the development and commercialization of proprietary biosensor technologies. The early-stage company is initially using...read more