UGRO News

The IPO frenzy continued this past week as 17 IPOs and 26 SPACs entered the public market. Headlining the week were dating app Bumble (BMBL), which completed the year's largest deal so far, and Chinese cloud services provider Cloopen Group (RAAS), which bagged the biggest pop of 2021 to date. Bumble (BMBL) priced further...read more

urban-gro, which provides equipment and services for the commercial indoor horticulture market, raised $54 million by offering 5.4 million shares at $10 in its Nasdaq uplisting. At pricing, it commands a diluted market cap of about $103 million. The company originally filed to raise $20 million in January, before upping the deal size to $25 million and then $45 million; it ...read more

urban-gro, which provides equipment and services for the commercial indoor horticulture market, revised the terms for its upcoming IPO on Wednesday. The Lafayette, CO-based company now plans to raise $45 million by offering 3.5 million shares at $13, the February 4, 2021 close of its shares on the OTCQX (UGRO). The company had most recently filed to offer 4.3 million shares at...read more

16 IPOs are set to make this the busiest week for the US IPO market since December 2006. Driven by faster IPO timelines and momentum from last year, 2021 is positioning itself to be a banner year for the IPO market, and this latest milestone joins a growing list. Already, the US IPO market has had its busiest January and the most billion-dollar IPOs in a single month ever....read more