Altimeter Growth Corp. 2, the second blank check company formed by Altimeter Capital targeting the tech sector, filed on Thursday with the SEC to raise up to $200 million in an initial public offering.
The Menlo Park, CA-based company plans to raise $200 million by offering 20 m
Poshmark, a peer-to-peer fashion e-commerce site, filed on Thursday with the SEC to raise up to $100 million in an initial public offering.
The company operates a social marketplace that combines the human connection of a physical shopping experience with the scale, reach, ease,
The IPO Market Has the Best of Times in the Worst of Times
2020 was a year to forget for many people, but it was unforgettable for IPO investors who benefitted from both the number of IPOs and their outsized average returns. While the COVID-19 pandemic sent global markets into a
Hamilton Lane Alliance I, a blank check company formed by Hamilton Lane Incorporated, filed on Thursday with the SEC to raise up to $200 million in an initial public offering.
The Bala Cynwyd, PA-based company plans to raise $200 million by offering 20 million units at $10. Each
ScION Tech Growth I, a UK blank check company formed by ION Investment Group targeting technology, raised $500 million by offering 50 million units at $10.
Each unit consists of one share of common stock and one-third of a warrant, exercisable at $11.50. Pursuant to a forward pu
Midwest Holding, which underwrites and markets annuities in the US, raised $70 million by offering 1 million shares at $70, the low end of the range of $70 to $74. At pricing, the company raised 3% less in proceeds than anticipated.
Midwest Holding plans to list on the Nasdaq un
908 Devices, which provides mass spectrometry devices for forensic and scientific research, raised the proposed deal size for its upcoming IPO on Thursday.
The Boston, MA-based company now plans to raise $116 million by offering 6.3 million shares at a price range of $18 to $19.
Virios Therapeutics, a Phase 2 biotech developing novel antiviral therapies for fibromyalgia and other diseases, raised $30 million by offering 3 million shares at $10, within the range of $9 to $11. At pricing, the company commands a market value of $78 million.
The company's l
KL Acquisition, a blank check company formed by Kennedy Lewis targeting the healthcare industry, filed on Thursday with the SEC to raise up to $250 million in an initial public offering.
The New York, NY-based company plans to raise $250 million by offering 25 million units at $
Medirom Healthcare Technologies, a Japanese operator of relaxation salons developing a digital health service, lowered the proposed deal size for its upcoming IPO on Thursday.
The Tokyo, Japan-based company now plans to raise $17 million by offering 1.1 million ADSs at a price r
Corner Growth Acquisition, a blank check company formed by Corner Ventures targeting tech in the US and developed countries, raised $350 million by offering 35 million units at $10. The company offered 5 million more units than anticipated. Each unit consists of one share of
This has been a decently rewarding year for Wall Street despite the coronavirus attack but other corners of the globe haven’t returned in that a stellar fashion. The COVID-19 outbreak has weighed on foreign stocks more acutely and led them to lag the U.S. Index S&P 500 (up
Scopus BioPharma, a preclinical biotech developing immuno-oncology gene therapies for cancer, raised $3 million by offering 0.5 million shares at $5.50, within the range of $5.25 to $5.75. At pricing, the company commands a market value of $80 million. Because the company raised
Upstart Holdings, which operates an online consumer lending platform connecting banks and individuals, raised $240 million by offering 12 million shares (75% primary) at $20, the low end of the range of $20 to $22. Existing shareholder Third Point Ventures had indicated on 1.2 mi
BioAtla, a Phase 2 biotech developing selective antibody therapies for solid tumors, raised $189 million by offering 10.5 million shares at $18, above the range of $15 to $17. The company offered 1.1 million more shares than anticipated. At pricing, BioAtla raised 26% more in pro
Wish, which provides an e-commerce platform for ultra-bargain unbranded merchandise, raised $1.1 billion by offering 46 million shares at $24, the high end of the range of $22 to $24. At pricing Wish commands a fully diluted market value of $17.1 billion.
Wish plans to list on t
Churchill Capital Corp V, the fifth blank check company founded by dealmaker and former Citi executive Michael Klein, raised $450 million by offering 45 million units at $10. Units consist of one share of common stock and one-fourth of a warrant, exercisable at $11.50 per share.
Epiphany Technology Acquisition, a blank check company targeting the technology industry, filed on Tuesday with the SEC to raise up to $350 million in an initial public offering.
The Burlingame, CA-based company plans to raise $350 million by offering 35 million units at $10. Ea
Vickers Vantage I, a blank check company formed by Vickers Venture Partners, filed on Tuesday with the SEC to raise up to $100 million in an initial public offering.
The Singapore-based company plans to raise $100 million by offering 10 million units at $10. Each unit will consi
Blue Water Acquisition, a blank check company formed by an industry veteran targeting a healthcare business, raised $50 million by offering 5 million units at $10. Each unit consists of one share of common stock and one warrant, exercisable at $11.50.
The company is led by