Nasdaq IPOs

There are no IPOs scheduled for the week ahead, though a few SPACs may join the IPO calendar. New filings should continue to pour in as well. While the calendar is quiet for the time being, a wave of filings this past week indicates that activity is set to explode following Labor

Two foreign electric vehicle makers and three SPACs went public this past week. A wave of filings brought 27 companies into the IPO pipeline. Xpeng (XPEV), a Chinese electric vehicle maker, upsized and priced above the range to raise $1.5 billion at an $11.2 billion market cap.

byNordic Acquisition, a blank check company targeting a fintech business in northern Europe, filed on Friday with the SEC to raise up to $100 million in an initial public offering. The Malmö, Sweden-based company plans to raise $100 million by offering 10 million units at $1

COMPASS Pathways, a British Phase 2 biotech developing a psilocybin-based therapy for depression, filed on Friday with the SEC to raise up to $100 million in an initial public offering. The company is focusing on using its proprietary formulation of psilocybin, COMP360, in conjun

GoodRx Holdings, which operates a prescription drug price comparison platform, filed on Friday with the SEC to raise up to $100 million in an initial public offering. However, this is likely a placeholder for a deal we estimate could raise up to $750 million. From its beginnings

Equity Distribution Acquisition, a blank check company formed by Sam Zell's Equity Group Investments to acquire an industrials business, filed on Friday with the SEC to raise up to $300 million in an initial public offering. The Chicago, IL-based company plans to raise $300 milli

Harbor Custom Development, a real estate developer in the Puget Sound region of Washington, raised $10.6 million by offering 1.77 million primary shares at $6, the low end of the range of $6 to $8. The company removed the 0.5 million secondary shares it last filed as part of the

GreenPower Motor, a Canadian manufacturer of battery-electric commercial vehicles, raised $37 million by offering 1.9 million shares at $20, within the range of $18 to $24 and below the as-converted last close of its shares on the TSX Venture Exchange (GPV) and OTCQB (G

Virios Therapeutics, a Phase 2 biotech developing novel antiviral therapies for fibromyalgia and other diseases, filed on Friday with the SEC to raise up to $35 million in an initial public offering. The company's lead candidate, IMC-1, is a novel combination antiviral thera

CF Finance Acquisition II, the second blank check company formed by Cantor Fitzgerald, raised $500 million by offering 50 million units at $10. The SPAC originally filed to offer 52.5 million units, and downsized its offering by about 5%. Each unit consists of one share of common

Xpeng, which manufactures smart electric SUVs and sedans in China, raised $1.5 billion by offering 99.7 million ADSs at $15, above the range of $11 to $13. The company offered 14.7 million more ADSs than anticipated. Insiders and certain other investors indicated on $500 mil

Sun BioPharma, a clinical-stage biotech developing small molecule therapies for pancreatic cancer, revised the terms of its upcoming IPO on Thursday. The Waconia, MN-based company now plans to raise $11 million by offering 2.1 million shares at $5, below the last close of it

Burgundy Technology Acquisition, a blank check company formed by the former CEO of HP and a former Citi executive targeting the tech industry, raised $300 million by offering 30 million units at $10. Each unit consists of one share of common stock and one-half of a warrant, exerc

FG New America Acquisition, a blank check company led by Joseph Moglia targeting the insurtech and fintech industries, filed on Wednesday with the SEC to raise up to $225 million in an initial public offering. The Itasca, IL-based company plans to raise $225 million by offering 2

Athira Pharma, a Phase 2/3 biotech developing therapies for neurodegeneration, filed on Wednesday with the SEC to raise up to $100 million in an initial public offering. The company is developing small molecule therapies to restore neuronal health and stop neurodegeneration throu

Special Purpose Acquisition Companies (SPACs) are nothing new. They have been around since the 1980s, but only recently have only recently come to the attention of most investors.

Jiuzi Holdings, a new energy vehicle retailer in China, filed on Wednesday with the SEC to raise up to $31 million in an initial public offering. The company franchises and operates retail stores under brand name "Jiuzi", which sell new energy vehicles (NEV) in third-fourth tier

Petra Acquisition, a blank check company targeting a cannabis business, lowered the proposed deal size for its upcoming IPO on Wednesday. The New York, NY-based company now plans to raise $75 million by offering 7.5 million units at $10. Each unit consists of one share of common

FTAC Olympus Acquisition, the fourth blank check company formed by management of The Bancorp to acquire a fintech busines, raised $750 million by offering 75 million units at $10. Each unit consists of one share of common stock and one-third of a warrant, exercisable at $11.50. T

Cohn Robbins Holdings, a blank check company formed by Gary Cohn and ESG investing veteran Clifton Robbins, raised the proposed deal size for its upcoming IPO on Tuesday. The SPAC, formerly known as CSR Acquisition, added Gary Cohn as Co-Chairman and renamed the company and