Nasdaq IPOs

Ayala Pharmaceuticals, a Phase 2 biotech developing small molecule therapies for aggressive cancers, announced terms for its IPO on Monday. The Rehovot, Israel-based company plans to raise $50 million by offering 3.3 million shares at a price range of $14 to $16. At the midpoint

Kingsoft Cloud Holdings, a Chinese cloud services and infrastructure provider being spun out of Kingsoft, announced terms for its IPO on Monday. The Beijing, China-based company plans to raise $425 million by offering 25 million ADSs at a price range of $16 to $18. Parent Kingsof

Updated on 5/4/2020  Three IPOs and one SPAC are scheduled for the week ahead. Internet gambling software provider GAN Limited (GAN) plans to raise $48 million at a $224 million fully diluted market cap after upsizing its deal by 57%. The London-based company has been focusi

Just one IPO is scheduled for the week ahead, though there are a handful of deals in the IPO pipeline that are primed for May public offerings. Internet gambling software provider GAN Limited (GAN) plans to raise $48 million at a $224 million fully diluted market cap after upsizi

Lyra Therapeutics (LYRA) popped 16% in its IPO this past week, the latest biotech to surge in its public debut. It was joined by three SPACs, continuing an uptick in blank check activity. Despite enduring the slowest spring since the financial crisis, the IPO market continues to

Lyra Therapeutics (LYRA) popped 16% in its IPO this past week, the latest biotech to surge in its public debut. It was joined by three SPACs, continuing an uptick in blank check activity. Despite enduring the slowest spring since the financial crisis, the IPO market continues to

Longview Acquisition, a blank check company formed by executives at Glenview Capital, filed on Friday with the SEC to raise up to $300 million in an initial public offering. The New York, NY-based company plans to raise $300 million by offering 30 million units at $10. Each unit

Oriental Culture Holding, which operates an online marketplace for artists and collectors in China, raised the proposed deal size for its upcoming IPO on Friday. In its latest filing, the company also disclosed updated financials for the year ended December 31, 2019. The Nanjing,

GAN Limited, a UK-based provider of internet gambling software, raised the proposed deal size for its upcoming IPO on Friday. The London, United Kingdom-based company now plans to raise $48 million by offering 6.4 million shares at a price range of $6.50 to $8.50. The company had

GAN Limited, a UK-based provider of internet gambling software, raised the proposed deal size for its upcoming IPO on Friday. The London, United Kingdom-based company now plans to raise $48 million by offering 6.4 million shares at a price range of $6.50 to $8.50. The company had

Collective Growth Corp, a blank check company led by former Canopy Growth execs targeting the cannabis industry, raised $150 million by offering 15 million units at $10. Each unit consists of one share of common stock and one half of a warrant exercisable at $11.50. At $10,

The 2020 IPO market saw its slowest March and April in over a decade, as volatility essentially shut the IPO window. Just seven IPOs priced during the past two months, a 70% decline from the 15-year average of 23 IPOs.   

The 2020 IPO market saw its slowest March and April in over a decade, as volatility essentially shut the IPO window. Just seven IPOs priced during the past two months, a 70% decline from the 15-year average of 23 IPOs.   

Lyra Therapeutics, a Phase 2 biotech developing an implantable drug-device for chronic rhinosinusitis, raised $56 million by offering 3.5 million shares at $16, the high end of the range of $14 to $16. Lyra Therapeutics plans to list on the Nasdaq under the symbol LYRA. BofA Secu

Vontier, the global industrial company focused on transportation and mobility carved out of Fortive, withdrew its plans for an initial public offering on Thursday after delaying in the 1Q20, citing recent market and economic disruptions caused by the COVID-19 pandemic. It origina

SPACs are making big moves. This past week, sports betting platform DraftKings (DKNG) entered the public market through a SPAC merger, and Chamath Palihapitiya’s Social Capital Hedosophia II (IPOBU) and III (IPOCU) raised a combined $1 billion. Blank check IPOs have hit rec

SPACs are making big moves. This past week, sports betting platform DraftKings (DKNG) entered the public market through a SPAC merger, and Chamath Palihapitiya’s Social Capital Hedosophia II (IPOBU) and III (IPOCU) raised a combined $1 billion. Blank check IPOs have hit rec

Fortress Value Acquisition, a blank check company formed by executives at Fortress Investment Group, raised $300 million by offering 30 million units at $10. Each unit contains one share of common stock and one-third of a warrant exercisable at $11.50. The company had originally

Fortress Value Acquisition, a blank check company formed by executives at Fortress Investment Group, raised $300 million by offering 30 million units at $10. Each unit contains one share of common stock and one-third of a warrant exercisable at $11.50. The company had originally

Novus Capital Corp, a blank check company targeting the smart technology innovations market, filed on Tuesday with the SEC to raise up to $100 million in an initial public offering. The Indianapolis, IN-based company plans to raise $100 million by offering 10 million units at $10