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TBMCU News

US IPO Weekly Recap: 1Q IPO market wraps up with eight foreign issuers

HSHP

Eight issuers began trading this past week, six of which are eligible for inclusion in our IPO stats. All eight are based outside of the US, and most of the deals downsized at pricing. Two blank check IPOs also debuted. Three small IPOs and one SPAC submitted initial filings. Oslo-listed maritime bulk carrier Himalaya Shipping (HSHP) raised $45 million at a $231...read more

Tech-focused SPAC Trailblazer Merger I prices $60 million IPO

TBMCU

Trailblazer Merger I, a blank check company focusing on the US technology industry, raised $60 million by offering 6.0 million units at $10. Each unit consists of one share of common stock and one right to receive one-tenth of a share upon completion of an initial business combination.  The company is led by CEO and Director Arie Rabinowitz, the...read more

Tech SPAC Trailblazer Merger I lowers unit offering by 11% ahead of $60 million IPO

TBMCU

Trailblazer Merger I, a blank check company focusing on the US technology industry, lowered the proposed deal size for its upcoming IPO on Tuesday. The New York, NY-based company now plans to raise $60 million by offering 6 million units at $10. The company had previously filed to offer 6.8 million units at the same price. Each unit now consists of one share of common stock and one...read more

US IPO Weekly Recap: Ivanhoe Electric completes the first major US IPO in over a month

IE

After delaying its debut, Ivanhoe Electric (IE) completed the first major US IPO since mid-May in the week’s sole listing. Just one IPO and one SPAC submitted initial filings. Ivanhoe Electric priced at the bottom of the range to raise $169 million at a $1.1 billion market cap, and plans to dual list on the NYSE American and the TSX. Focused on American...read more