Candel Therapeutics, a Phase 3 biotech developing oncolytic viral immunotherapies for cancer, announced terms for its IPO on Friday.
The Needham, MA-based company plans to raise $85 million by offering 6.1 million shares at a price range of $13 to $15. At the midpoint of the pro
Xponential Fitness, a roll-up of franchised boutique fitness brands with over 1,750 studios in North America, announced terms for its IPO on Friday.The Irvine, CA-based company plans to raise $200 million by offering 13.3 million shares at a price range of $14 to $16. MSD Partner
StoneBridge Acquisition, a blank check company targeting "new economy sectors" in Asia Pacific, raised $200 million by offering 20 million units at $10. Each unit consists of one share of common stock and one-half of a warrant, exercisable at $11.50.The company is led by&nbs
Erasca, a Phase 2 biotech developing therapies for RAS/MAPK pathway-driven cancers, raised $300 million by offering 18.8 million shares at $16, the high end of the range of $14 to $16. The company offered 1.3 million more shares than anticipated. Erasca employs a modality-agnosti
Blend Labs, which provides a digital platform for lenders to offer mortgages and consumer loans, raised $360 million by offering 20 million shares at $18, the high end of the range of $16 to $18. Blend Labs' growing suite of products currently powers digital-first consumer j
TScan Therapeutics, a preclinical biotech developing engineered T cell cancer therapies, raised $100 million by offering 6.7 million shares at $15, the low end of the range of $15 to $17. The company had previously filed to offer 6.3 million shares, but increased the share offeri
Bridge Investment Group, a vertically-integrated real estate investment manager with $26 billion in AUM, raised $300 million by offering 18.8 million shares at $16, the midpoint of the $15 to $17 range. At pricing, Bridge commands a market value of $1.8 billion.Bridge Investment
Stevanato Group, an Italian supplier of glass vials, syringes, and other pharmaceutical containers, raised $672 million by offering 32 million shares (70% primary) at $21, the low end of the range. It previously planned to sell 40 million shares (70% primary) at a range of $
Stevanato Group, an Italian supplier of glass vials, syringes, and other pharmaceutical containers, raised $672 million by offering 32 million shares (100% primary) at $21, the low end of the range. It previously planned to sell 40 million shares (70% primary) at a range of
Bilander Acquisition, a blank check company formed by True Wind Capital targeting the tech sector, raised $150 million by offering 15 million units at $10.Each unit consists of one share of common stock and one-fourth of a warrant, exercisable at $11.50. The company may raise an
Regencell Bioscience Holdings, which is developing formulations of traditional Chinese medicine for ADHD and autism, raised $22 million by offering 2.3 million shares at $9.50, within the range of $8.50 to $10.50.At pricing, the Hong Kong, China-based company commands a market va
Enphys Acquisition, a blank check company targeting renewable energy businesses in Ibero-America, filed on Thursday with the SEC to raise up to $250 million.The New York, NY-based company plans to raise $250 million by offering 25 million units at $10. Each unit consists of one s
Imago BioSciences, a Phase 2 biotech developing small molecules for bone marrow cancer and diseases, raised $134 million by offering 8.4 million shares at $16, the high end of the range of $14 to $16. The company plans to raise an additional $20 million in a concurrent priva
FinWise Bancorp, a Utah-based digital bank that offers loan and deposit services across the US, filed on Thursday with the SEC to raise up to $50 million.FinWise Bancorp is a bank holding company that operates through its wholly-owned subsidiary, FinWise Bank, a Utah state-charte
Abri SPAC I, a blank check company targeting FinTech and InsurTech businesses, filed on Thursday with the SEC to raise up to $50 million.The Beverly Hills, CA-based company plans to raise $50 million by offering 5 million units at $10. Each unit consists of one share of common st
DoubleDown Interactive, a leading developer and publisher of mobile- and web-based social casino games, officially withdrew its registration statement for an initial public offering on Thursday. It last filed to raise $86 million in June 2020 at a market cap of $777 million, befo
DoubleDown Interactive, a leading developer and publisher of mobile- and web-based social casino games, withdrew its plans for an initial public offering on Thursday. It had planned to raise $86 million by offering 5.5 million ADSs (100% primary) at $15.60, but postponed ahead of
Southern States Bancshares, an Alabama bank with 15 branches in Alabama and Georgia, filed on Thursday with the SEC to raise up to $35 million.Southern States Bancshares is a bank holding company that operates primarily through its wholly-owned subsidiary Southern States Bank, a
ROX Financial LP, a REIT leasing an Oakley, California last-mile logistics center to Amazon, filed on June 29, 2021 with the SEC to raise up to $83 million in an initial public offering.
The New York, NY-based company plans to raise $83 million by offering 8 million shares at $1
Banner Acquisition, a blank check company backed by Banner Ventures, filed on Thursday with the SEC to raise up to $150 million.The Lehi, UT-based company plans to raise $150 million by offering 15 million units at $10. Each unit consists of one share of common stock and one-half