Nasdaq IPOs

Four IPOs and six SPACs entered the public markets this past week led by CureVac (CVAC), which posted the largest first-day pop since 2005. German biotech CureVac (CVAC) raised $213 million at a $2.8 billion market cap and soared 249% on its first day of trading. With a portfoli

North Mountain Merger, the second blank check company led by former CardConnect executives targeting the fintech industry, filed on Friday with the SEC to raise up to $115 million in an initial public offering. The New York, NY-based company plans to raise $115 million by offerin

Brookline Capital Acquisition, a blank check company formed by Brookline Capital Markets targeting a life science business, filed on Friday with the SEC to raise up to $50 million in an initial public offering. The New York, NY-based company plans to raise $50 million by offering

CM Life Sciences, a blank check company formed by Casdin Capital and Corvex Management targeting a life science business, filed on Friday with the SEC to raise up to $350 million in an initial public offering. The New York, NY-based company plans to raise $350 million by offering

Lionheart Acquisition II, a blank check company formed by Lionheart Capital targeting a real estate technology company, raised $200 million by offering 20 million units at $10. Each unit consists of one share of common stock and one-half of one redeemable warrant, exercisable at

Nano-X Imaging, which is developing affordable medical imaging systems, announced terms for its IPO on Friday. The Neve Ilan, Israel-based company plans to raise $100 million by offering 5.9 million shares at a price range of $16 to $18. Certain insiders and other investors inten

Dragoneer Growth Opportunities, a blank check company formed by Dragoneer Investment Group, raised $600 million by offering 60 million units at $10. Each unit consists of one share of common stock and one-fifth of a warrant, exercisable at $11.50. The company may raise an aggrega

CureVac, a German Phase 1 biotech developing an mRNA vaccine for SARS-CoV-2, raised $213 million by offering 13.3 million shares at $16, the high end of the range of $14 to $16. The company raised an additional $118 million in a concurrent private placement to insider Dietmar Hop

dMY Technology Group II, the second blank check company formed by Niccolo de Masi and Harry You targeting an app business, raised $240 million by offering 24 million units at $10. The company offered 4 million more units than anticipated. Each unit consists of one share of common

Duck Creek Technologies, a leading SaaS provider of core systems software for P&C insurers, raised $405 million by offering 15 million shares at $27, above the revised range of $23 to $25. The company had originally filed to offer 15 million shares at a range of $19 to $21. I

KE Holdings (BEKE), China's largest housing platform operating under the Lianjia and Beike brands, raised $2.1 billion in the largest US IPO from a Chinese issuer since 2018 and posted the best first-day pop for a billion-dollar IPO since 2000. Even as the US government ramps up

Broadstone Acquisition, a blank check company formed by Sun Capital Partners targeting a stressed business in the UK and Europe, filed on Thursday with the SEC to raise up to $300 million in an initial public offering. The London, United Kingdom-based company plans to raise $300

Harbor Custom Development, a real estate developer in the Puget Sound region of Washington, added insider selling and raised the proposed deal size for its upcoming IPO on Thursday. The Gig Harbor, WA-based company now plans to raise $16 million by offering 2.3 million shares (77

NetSTREIT, a net lease REIT that manages single-tenant retail commercial properties, raised $225 million by offering 12.5 million shares (98% primary) at $18, below the range of $19 to $21. The company offered 3 million fewer shares than anticipated. At pricing, the company comma

KE Holdings, China's largest housing platform operating under the Lianjia and Beike brands, raised $2.1 billion by offering 106 million ADSs at $20, above the range of $17 to $19. Insiders indicated on $800 million worth of ADSs in the offering (38% of the deal). At IPO, the comp

RedBall Acquisition, a blank check company formed by RedBird Capital targeting the sports industry, raised $500 million by offering 50 million units at $10. To screen for upcoming or past SPAC IPOs, sign up for a free trial of IPO Pro. Each unit consists of one ordinary share and

Prime Impact Acquisition I, a black check company targeting a data-centric technology company, filed on Wednesday with the SEC to raise up to $300 million in an initial public offering. The San Jose, CA-based company plans to raise $300 million by offering 30 million units at a p

Fortress Value Acquisition II, the second blank check company formed by executives at Fortress Investment Group, raised $300 million by offering 30 million units at $10, as expected. Units consist of one share of common stock and one-fifth of one warrant, exercisable at $11.50. T

FS Development, a blank check company formed by Foresite Capital targeting a healthcare business, raised $105 million by offering 10.5 million shares at $10. The company offered 0.5 million more shares than anticipated. The company did not offer warrants that would become exercis

Duck Creek Technologies, a leading SaaS provider of core systems software for P&C insurers, raised the proposed range for its upcoming IPO on Wednesday. The Boston, MA-based company now plans to raise $360 million by offering 15 million shares at a price range of $23 to $25.