TIOAU News

Just two IPOs priced this past week, raising $222 million as the US IPO market continued to cool down. They were joined by eight SPACs that raised $1.5 million. The IPO pipeline remained active, with 13 IPOs and 14 SPACs submitting initial filings this week. Swiss rare disease biotech VectivBio Holding (VECT) priced at the midpoint to raise $128 million at a...read more

Tio Tech A, a blank check company targeting technology-enabled businesses in Europe, raised $300 million by offering 30 million units at $10. Each unit consists of one share of common stock and one-third of a warrant, exercisable at $11.50. Anchor investors Steadview Capital Mauritius and a subfund of BIT RAIF SICAV had indicated on $23 million worth of units in the offering. ...read more

Tio Tech A, a blank check company targeting technology-enabled businesses in Europe, filed on Monday with the SEC to raise up to $300 million in an initial public offering. The Berlin, Germany-based company plans to raise $300 million by offering 30 million units at $10. Each unit consists of one share of common stock and one-third of a warrant, exercisable at $11.50. Anchor...read more