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VLATU News
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US IPO Weekly Recap: Sacramento bank Five Star Bancorp finishes on top in an 8 IPO week
Eight IPOs and four SPACs went public this past week. One IPO postponed, UK-based biotech Gyroscope Therapeutics (VISN), citing market conditions. Filing activity maintained a comfortable pace/remained moderate, with seven IPOs and 10 SPACs submitting initial filings. The week’s best performer, Sacramento bank Five Star Bancorp (FSBC)...read more
Latin America-focused SPAC Valor Latitude Acquisition prices $200 million IPO
Valor Latitude Acquisition, a blank check company formed by Valor Capital Group targeting tech-enabled Latin American businesses, raised $200 million by offering 20 million units at $10. Each unit consists of one share of common stock and one-third of a warrant, exercisable at $11.50. The company is led by Chairman Clifford Sobel, co-founder and...read more
Latin America-focused SPAC Valor Latitude Acquisition files for a $200 million IPO
Valor Latitude Acquisition, a blank check company formed by Valor Capital Group targeting tech-enabled Latin American businesses, filed on Thursday with the SEC to raise up to $200 million in an initial public offering. The New York, NY-based company plans to raise $200 million by offering 20 million units at $10. Each unit consists of one share of common stock and one-half of...read more