VDNT News

Following a week of postponements and pricing delays, two tech IPOs and three holdovers are scheduled to raise $412 million in the week ahead. Connectivity solutions provider Credo Technology Group (CRDO) plans to raise $275 million at a $1.8 billion market cap. Credo’s solutions are optimized for optical and electrical ethernet applications, and its...read more

Five IPOs are slated to raise $457 million in the shortened holiday week ahead. REIT Four Springs Capital Trust (FSPR) plans to raise $252 million at a $603 million market cap. The company’s portfolio consists of 156 commercial properties across 32 states, focused on single-tenant, income producing industrial, medical, retail, and office properties. Four...read more

Verdant Earth Technologies, which repurposes traditional power plants to run on renewable fuel in Australia, announced terms for its US IPO on Thursday. The Sydney, Australia-based company plans to raise $50 million by offering 6.3 million shares at a price range of $7 to $9. At the midpoint of the proposed range, Verdant Earth Technologies would command a fully diluted market...read more

Verdant Earth Technologies, which repurposes traditional power plants to run on renewable fuel in Australia, filed on Monday with the SEC to raise up to $54 million in an initial public offering. Verdant states that it is a development stage green energy company in the process of repurposing and recommissioning a traditional baseload power plant to run on renewable fuel. Its goal...read more