Nasdaq IPOs

PainReform, a Phase 2 Israeli biotech developing therapies for post-operative pain relief, revised the terms for its upcoming IPO on Monday. The Herzliya, Israel-based company now plans to raise $23 million by offering 2.6 million units at a price range of $8 to $10. Each unit co

Unity Software, which provides a real-time 3D video game development platform, filed on Monday 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 $1 billion. Unity s

Executive Network Partnering Corp., a blank check company formed by Paul Ryan, Solamere Capital, and Vivint Solar co-founder Alex Dunn, filed on Monday with the SEC to raise up to $300 million in an initial public offering. The Boston, MA-based company plans to raise $300 million

Pactiv Evergreen, the largest manufacturer of fresh food and beverage packaging in North America, filed on Monday with the SEC to raise up to $100 million in an initial public offering. However, this is likely a placeholder for a deal we estimated could raise up to $750 million.

Sumo Logic, which provides on-demand cloud log management solutions to enterprises, filed on Monday with the SEC to raise up to $100 million in an initial public offering. Sumo Logic addresses cloud-native and traditional on-premise businesses that seek to build, manage

Two IPOs and two SPACs are scheduled to go public in the week ahead. Chinese EV maker Xpeng (XPEV) is leading summer's last wave with a billion-dollar deal. Xpeng (XPEV) plans to raise $1.0 billion at an $8.8 billion market cap. Xpeng targets the mid- to high-end segment in Chin

Two IPOs and two SPACs are scheduled to go public in the week ahead. Chinese EV maker Xpeng (XPEV) is leading summer's last wave with a billion-dollar deal. Xpeng (XPEV) plans to raise $1.0 billion at an $8.8 billion market cap. Xpeng targets the mid- to high-end segment in Chin

Three drug developers and a medical imaging company went public this past week, joined by eight SPACs. Preclinical protein degradation biotech Kymera Therapeutics (KYMR) upsized and priced above the range to raise $174 million at a $938 million market cap. The company is very ea

Corsair Gaming, which designs and supplies personal computer and gaming hardware components, filed on Friday with the SEC to raise up to $100 million in an initial public offering. The company designs and sells high-performance gaming and streaming equipment including keyboards,

Bentley Systems, which provides software for construction and infrastructure projects, 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 $800 million. Bentley Syst

Qilian International Holding, a Chinese producer of traditional medicines, chemicals, and fertilizers, raised the proposed deal size for its upcoming IPO on Friday. The Jiuquan, China-based company now plans to raise $30 million by offering 5 million shares at a price range of $5

Outset Medical, which provides a hemodialysis system for kidney diseases, filed on Friday with the SEC to raise up to $100 million in an initial public offering. The company's Tablo Hemodialysis System is designed as a single enterprise solution that can be utilized acr

Xpeng, which manufactures smart electric SUVs and sedans in China, announced terms for its IPO on Friday. The Guangzhou, China-based company plans to raise $1.0 billion by offering 85 million ADSs at a price range of $11 to $13. Insiders intend to purchase $400 million worth of A

Software Acquisition Group II, the second blank check company led by former Ooyala officers targeting a software company, filed on Friday with the SEC to raise up to $150 million in an initial public offering. The Las Vegas, NV-based company plans to raise $150 million by offerin

Nano-X Imaging, which is developing affordable medical imaging systems, raised $165 million by offering 9.2 million shares at $18, the high end of the range of $16 to $18. The company offered 0.4 million more shares than anticipated. It originally planned to offer 5.9 million sha

Colonnade Acquisition, a blank check company targeting the energy, real estate, and agricultural industries, 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 l

Horizon Acquisition, a blank check company formed by Todd Boehly of Eldridge Industries targeting a financial services business, 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.

Kymera Therapeutics, a preclinical biotech developing protein degraders for oncology and immunology, raised $174 million by offering 8.7 million shares at $20, above the range of $16 to $18. The Watertown, MA-based company originally planned to offer 7.4 million shares.&nbsp

FAST Acquisition, a blank check company formed by &vest and Sandy Beall targeting a restaurant or hospitality business, raised $200 million by offering 20 million units at $10. Each unit consists of one share of common stock and one-half of a redeemable warrant, exercisable a

The IPO market is having its busiest August in seven years with 16 companies coming public this month. IPO proceeds total $7.0 billion, the most ever raised in the month of August.Key Takeaways